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In the UAE, companies that are subject to corporate income tax are required to file tax returns on an annual basis.
All Taxable Persons (including Free Zone Persons) will be required to register for Corporate Tax and obtain a Corporate Tax Registration Number. The Federal Tax Authority may also request certain Exempt Persons to register for Corporate Tax.
Taxable Persons are required to file a Corporate Tax return for each Tax Period within 9 months from the end of the relevant period. The same deadline would generally apply for the payment of any Corporate Tax due in respect of the Tax Period for which a return is filed.
Illustrated below are examples of the registration, filing and payment deadlines associated for Taxable Persons with a Tax Period (Financial Year) ending on 31 May or 31 December (respectively).
Each client and each business is different. Our expertise of Corporate Tax Consultation Services in Dubai lies in delivering the tailor made solution that suits your present and future business requirements.
We have an experienced team of Chartered Accountants, VAT consultants in Dubai & financial Consultants, who have several years of industry knowledge and expertise, and always committed to use their expertise to our clients growth.
At Alya, we ensure that all your business contracts and your client business documents are thoroughly reviewed and analyzed so that taxation is prepared properly; and will be no errors and omissions and so that Corporate tax reports can be filed smoothly and on time.
We ensure that you and your employees are well informed about the corporate taxation norms and understand the whole process of Corporate tax filing. Moreover, we also make sure that you have access to the necessary resources and technology so as to be able to meet your company’s Corporate taxation needs.
At Alya Auditors, we not only clear your doubts or queries with regards to anything Corporate tax but also help you adhere to Corporate tax norms in Dubai and with the Corporate taxation filing process.
The tax return filing deadline in the UAE is generally 120 days after the end of the company’s financial year. However, this deadline can vary depending on the emirate in which the company is located and the specific circumstances of the company.
Companies will need to prepare a tax return that provides details about their income, expenses, and deductions. The tax return should be prepared in accordance with the tax laws and regulations in the UAE.
The tax return can be submitted online or in person, depending on the emirate. The tax return should be submitted before the filing deadline to avoid penalties and interest charges.
If the company owes taxes, they will need to make payment before the filing deadline to avoid penalties and interest charges. The payment can be made online or in person, depending on the emirate.
Companies should keep detailed records of their tax returns and supporting documents for at least five years. These records should be readily available for inspection by the tax authorities.
It’s important to note that the specific procedures and requirements for corporate tax return filing can vary depending on the emirate and the specific circumstances of the company. Companies should check with the relevant tax authorities or consult with a professional audit and accounting firm in the UAE to ensure they meet all the requirements for tax return filing.
Truly, let us know what service you are looking for and hence we can get back to you with more details.
Definitely, Alya Auditors is the one partner you need to ensure your business is built on accurate accounting books certainly, to spearhead greater growth and wider market reach.
An association of legally independent auditing & accounting firms in the UAE
Silver Tower, Business Bay. PO Box: 41102, Dubai, UAE.
Sharjah Airport Free Zone PO Box: 120403 Sharjah, UAE.
+971 48769377
+971 52 9750690 , +971 50 522 1035
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