Introduction

The United Arab Emirates (UAE) has implemented a corporate tax system to streamline and enhance its economic landscape. As businesses navigate this new taxation environment, understanding the registration and de-registration processes is crucial for compliance and operational efficiency.

Corporate Tax Registration Process
  • Eligibility All businesses operating in the UAE, including those in free zones, are required to register for corporate tax if they meet the stipulated revenue threshold. The specific threshold may vary, and it is advisable to verify current regulations with the Federal Tax Authority (FTA).
  • Required Documents To register for corporate tax, businesses need to prepare and submit the following documents:
    • Trade license
    • Certificate of incorporation
    • Memorandum and Articles of Association
    • Passport copies of shareholders and directors
    • Proof of address for the business
    • Financial statements or audit reports
De-registration Process
  • Reasons for De-registration Businesses may need to de-register from corporate tax for several reasons, including cessation of business activities, merging with another entity, or falling below the revenue threshold.
  • Required Documents To de-register from corporate tax, businesses must submit the following documents:
    • Trade license cancellation certificate (if applicable)
    • Final financial statements
    • Proof of cessation of business (e.g., sale agreements, lease termination)
    • De-registration form

Why Analytix Accounting & Bookkeeping

Navigating the UAE corporate tax registration and de-registration processes requires careful attention to detail and compliance with legal requirements. Our expert team help for smoothly process.