Here are some updates on the Corporate Income Tax registration procedures in the United Arab Emirates’ (UAE):
· Pre-registration for CT for certain categories of companies operating in the UAE has begun. This early registration phase is available until May 2023, after which the UAE’s Federal Tax Authority (FTA) opens the process for other businesses.
· The FTA released ‘Corporate Tax Registration User Manual’ (Version 22.214.171.124) (Manual). This Manual explains the procedure to navigate through the EmaraTax portal and submit the CT Registration application. For being eligible for registration, the applicant must be either a natural person (such as an individual), or a legal person (such as a Public Joint Stock company). The Manual provides the steps involved for filing the application and displays detailed screenshots at every step of the application process.
The FTA’s Press Release covering the update on CT pre-registration is available at https://lnkd.in/g2cjMhhk.
Aurifer released a newsletter summarizing all the facets of the UAE CT Law last month, which is available here. Aurifer also conducted a webinar on the CT Law last month, which is available at https://lnkd.in/dQCM8gMg.