Overview

Corporate Tax Return Filing is a crucial obligation for businesses in the UAE, ensuring compliance with the Federal Decree-Law No. 47 of 2022 on Corporate Tax. Businesses must file tax returns accurately and on time to avoid penalties.

Mandatory Requirements for Corporate Tax Return Filing

• Be registered for corporate tax – with the Federal Tax Authority (FTA).
• Maintain proper financial records – and prepare financial statements.
• File annual corporate tax returns – within the prescribed deadlines.
• Pay any applicable corporate tax – based on taxable income calculations.
• Adhere to UAE transfer pricing rules – (if applicable).

Steps for Corporate Tax Return Filing

• Gather Financial Records – Ensure all business transactions, invoices, and expenses are recorded accurately.
• Prepare the Tax Calculation – Determine taxable income based on financial statements and allowable deductions.
• Log in to the FTA Portal – Access the e-services portal of the Federal Tax Authority (https://eservices.tax.gov.ae/).
• Complete the Corporate Tax Return Form – Fill in all required financial details and tax calculations.
• Submit the Return Online – Upload necessary supporting documents and submit the return electronically.
• Pay Corporate Tax Due – If tax is applicable, make the payment before the deadline to avoid penalties.
• Receive Confirmation – The FTA will issue an acknowledgment upon successful submission.

Process of Corporate Tax Return Filing

• Step 1: Ensure financial statements and tax computations are ready.
• Step 2: Access the FTA e-services portal and navigate to the Corporate Tax section.
• Step 3: Fill out the tax return form with accurate financial data.
• Step 4: Upload supporting financial documents as required.
• Step 5: Review the details and submit the return before the due date.
• Step 6: Pay the corporate tax due (if applicable) through the approved payment channels.
• Step 7: Retain records and confirmation of filing for compliance purposes.

Deadlines for Corporate Tax Return Filing

Filing Due Date : Businesses must file their corporate tax returns within 9 months after the end of their financial year.
Payment Due Date : Any corporate tax due must also be paid within the same timeframe.
Late Filing Penalties : Failure to file or pay on time may result in financial penalties imposed by the FTA.
In case you want to know the exact dates please visit https://app.uaetaxzone.ae/calculator-filing-date

Documents Required for Corporate Tax Return Filing

• Financial Statements (Audited if applicable)
• Tax Calculation Report
• General Ledger & Trial Balance
• Invoices & Expense Records
• Tax Registration Number (TRN)
• Transfer Pricing Documentation (if applicable)