Corporate tax in the UAE marks a new era for UAE-based businesses. It reshapes how they manage their finances. With the September 30 return filing deadline approaching, companies must know what is required to stay in compliance. UAE corporate tax services providers help businesses navigate these responsibilities efficiently.

In this blog, you will find guidance and preparation tips for filing your company’s corporate tax return. Topics include document requirements, registration, tax rates, compliance tips, and answers to common questions.

Understanding UAE Corporate Tax

Corporate tax is a direct tax on the net profit of companies and similar entities. It applies to financial years starting on or after June 1, 2023.

Business profits above AED 375,000 are taxed at 9%.
Income below AED 375,000 is taxed at 0%, supporting small businesses and startups.
Free zone companies may receive tax benefits if eligible. They still must register, keep accounts, and file returns.

Who Must Register?

All businesses liable for corporate tax must register with the Federal Tax Authority (FTA). This includes:

UAE onshore companies
Free zone companies
Branches of foreign companies
Individuals conducting business activities in the UAE

Registration must be done promptly to avoid penalties. A Tax Registration Number (TRN) is required before filing the return.

Documents Needed for Corporate Tax Filing

Before filing your return, gather the following documents:

Trade licence and company incorporation documents
Passport and Emirates ID of shareholders and directors
Audited financial statements (if applicable)
Revenue and expense details for the financial year
Bank statements
Group structure, if part of a corporate group
Records of related-party transactions

These documents help calculate taxable income and maintain transparency in case of FTA scrutiny.

How UAE Corporate Tax Service Providers Help

UAE corporate tax services support businesses by:

Calculating taxable income
Preparing financial statements
Filing tax returns before the deadline

They also help clarify new regulations and their implications for mainland and free zone companies, reducing the risk of errors or non-compliance.

Key Compliance Steps to Take Before September 30

Register with the FTA
Ensure your business is registered and has a valid TRN.
Maintain Proper Books of Accounts
Records must be kept for 7 years. Use accounting software or professional accountants.
Prepare Audited Financial Statements
Required for most companies. Coordinate with auditors to avoid delays.
Check Free Zone Tax Eligibility
Free zone companies should confirm they are "qualifying persons" for 0% tax on qualifying income.
Review Related-Party Transactions
Ensure fair market pricing. Transfer pricing documentation may be needed.
Calculate Taxable Income
Start with accounting income, adjust for exempt income or non-deductible expenses.
Submit the Tax Return Online
File via the EmaraTax platform. Double-check all details to avoid resubmission.

Penalties for Non-Compliance

Late or incorrect filing can lead to:

Fixed penalties
Daily penalties for continued delay
Interest on unpaid tax
Trade licence suspension

Early planning and professional assistance can prevent these issues.

Frequently Asked Questions

Q1: Do I need to file a return if my company made no profit?
A: Yes. All registered companies must file by the deadline, even if no profit was made. Exempt income up to AED 375,000 does not remove the filing requirement.

Q2: What is Small Business Relief?
A: Companies with annual revenue up to AED 3 million can claim Small Business Relief. Under this, no corporate tax is payable. A simplified tax return with fewer sections is submitted.

Q3: Are audited financial statements required?
A: Only if revenue exceeds AED 50 million or if the company seeks a 0% preferential rate. Other companies should still attach financial statements unless they are claiming Small Business Relief.

Q4: Is a Transfer Pricing report required by September 30?
A: Only if your company exceeds the financial threshold. In that case, a Transfer Pricing Disclosure Form (TPDF) must be submitted, showing related-party transactions and pricing methods.

Q5: When should I start preparing for the September 30 deadline?
A: Begin at least 40 days in advance. Early preparation prevents last-minute errors.

Q6: Are there special rules for free zone companies?
A: Yes. Free zone companies have additional reporting requirements. Ensure you are a qualifying person to retain tax benefits.

Q7: Can a company opt out of Small Business Relief after filing?
A: No. Eligibility and claiming decisions should be finalised carefully.

Q8: Do you recommend professional support?
A: Yes. Professional corporate Tax advisory UAE firms ensure compliance, optimise filings, and prevent penalties.

Role of Technology

Digital tools simplify corporate tax compliance. Most UAE corporate tax service providers offer cloud-based reporting platforms. These help:

Generate reports quickly
Track deadlines
Alert teams about missing information
Coordinate with auditors and consultants.

Last-Minute Tips Before the Deadline

Don’t leave document collection to the last week of September.
Set internal deadlines for your finance team.
Communicate with auditors early.
Clarify doubts with your tax advisor promptly.
Ensure company contact details in the FTA portal are accurate.

Conclusion

The September 30 filing deadline is near. Proper planning, record keeping, and professional assistance make the process smooth. UAE corporate tax service providers are a reliable support, especially for first-time filers. By staying informed and proactive, companies can comply confidently and focus on growth. Partner with North Star Global for trusted UAE corporate tax services. Our experts handle registration, filing, advisory, and planning so you can stay compliant and grow your business with confidence.

Prepare for Tax Deadline

UAE Corporate Tax Services: What Businesses Must Prepare Before the September 30 Tax Return Deadline