Corporate Tax Advisory – UAE Compliance Focus
Our Corporate Tax Advisory service is designed to help businesses in the UAE navigate the Federal Corporate Tax Law efficiently, ensuring full compliance while optimizing tax strategies. We provide expert guidance from registration to filing, with a strong emphasis on meeting Federal Tax Authority (FTA) requirements and avoiding costly penalties.
Legal Framework & Requirements
Governed by Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses (effective from 1 June 2023).
Corporate tax rate: 9% on taxable income exceeding AED 375,000; income below this threshold is exempt to support SMEs.
Businesses must register for Corporate Tax with the FTA and obtain a Tax Registration Number (TRN).
Mandatory to prepare accurate financial statements in accordance with IFRS and retain them for 7 years.
Our Corporate Tax Advisory Services
Corporate Tax registration and obtaining TRN
Calculation and assessment of taxable income as per FTA guidelines
Advising on tax exemptions, reliefs, and deductions to minimize liability
Preparing and filing Corporate Tax returns before statutory deadlines
Ensuring compliance with transfer pricing rules under OECD standards
Liaising with the FTA in case of audits or assessments
Providing updates on legal amendments and their business impact
Penalties for Non-Compliance (Based on UAE FTA Administrative Penalty Decision)
Failure to register for Corporate Tax: AED 10,000
Late filing of tax return: AED 500 to AED 20,000 depending on delay duration
Failure to pay due tax on time: 14% annual interest on outstanding tax
Providing incorrect tax data: AED 5,000 – AED 20,000 per instance
Failure to maintain required tax records: AED 10,000 – AED 50,000
Value to Clients
Reduces tax liability legally through structured planning
Avoids penalties and interest through timely compliance
Strengthens business reputation with investors and regulators
Offers peace of mind through expert representation before the FTA