Corporate Tax Registration
The CT registration is obligatory for all legal entities incorporated in the UAE and non-resident entities that have a taxable presence in the UAE.
Individuals are obliged to register only if they are conducting business or business activities and exceeding the established revenue threshold.
How we can help you with
At Young Global, we offer our support with the CT registration process ensuring the seamless compliance. We assist with the review of the underlying documentation, prepare and submit the information to the UAE Federal Tax Authority (FTA), and liaise directly with the FTA in case of any questions to expediate the process.
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A legal entity that is incorporated or otherwise established or recognised under the applicable legislation of the UAE. | On-resident legal entity that is incorporated or otherwise established or recognised under the applicable legislation of a foreign jurisdiction that is effectively managed and controlled in the UAE. | An individual who conducts a Business or Business Activity in the UAE.
Unlike the VAT registration process, there is no registration threshold for UAE CT.
The following are exempt from CT registration, reporting and payment obligations: Government Entities. | Government Controlled Entities. | Entities engaged in an Extractive Business and Non-Extractive Natural Resource Business, provided underlying conditions are met. | Non-Resident entities that derive only UAE Sourced Income and that does not have a Permanent Establishment in the UAE.
An administrative penalty in the amount of AED 10,000 (ten thousand) may be imposed on a taxable person that fails to register for CT purposes within the established deadlines. A non-registration in the worst-case scenario could be viewed as a tax avoidance, which could lead to a criminal investigation of the authorized personnel of the taxable person (e.g., shareholders, directors). Therefore, to avoid the potential challenges, timely registration for CT purposes is highly recommended.
Generally, the CT registration process requires up to 20 business days, from the date of submission of the registration application to the FTA.
