What is Corporate Tax?
Corporate Tax (CT) is a form of direct tax levied on the net income or profit of corporations and other businesses operating in the UAE. Every qualifying business is required to assess its eligibility, register with the Federal Tax Authority (FTA), and stay compliant with ongoing filing obligations.
How Nexora Biz Assists You
Corporate Tax Impact Assessment
As the UAE's corporate tax regime matures, businesses continue to face new compliance obligations. We assess how corporate tax affects your specific business structure, provide strategic planning to optimize tax efficiency, and support you through every compliance requirement.
Corporate Tax Registration
Registration under UAE Corporate Tax law can be voluntary or mandatory. Businesses that fall under the scope of Corporate Tax must register with the FTA and obtain a Tax Registration Number within the prescribed period. We manage the entire registration process on your behalf.
Deregistration Support
When a business ceases operations or is liquidated, a deregistration application must be submitted to the FTA within three months of cessation. We ensure all outstanding returns, taxes, and penalties are settled so your deregistration is approved without delay.
Tax Planning & Risk Mitigation
Tax advice should be sought before entering into business transactions, not after. Share your draft agreements with our team and we'll identify relevant tax implications and recommend ways to mitigate risk before they become costly.
Deferred Tax Provisioning
In line with IAS 12 (Income Taxes), we assist with quarterly and annual tax provision calculations, reviewing deferred tax assets/liabilities against enacted tax rates and laws.
Corporate Tax Return Filing
We prepare and file your Corporate Tax Return — covering income, expenses, supporting schedules, and tax liability computation — within the period required by the Corporate Tax Law.
Corporate Tax Audit Support
A Corporate Tax Audit reviews your financial statements, tax returns, and records to confirm compliance with FTA guidelines. We prepare your business ahead of time so audits are smooth and penalty-free.
Who is Subject to Corporate Tax?
- UAE companies and other juridical persons incorporated or effectively managed and controlled in the UAE
- Individuals conducting a Business or Business Activity in the UAE
- Non-resident juridical persons with a Permanent Establishment in the UAE
- Juridical persons established in a UAE Free Zone (Qualifying Free Zone Persons may benefit from a 0% rate on Qualifying Income)
Our Corporate Tax Services
- Corporate Tax Registration
- Corporate Tax Impact Study
- Corporate Tax Return Filing
- Deregistration Assistance
- Tax Residency Certificate Support