primo LLC is a leading Tax Agency (TAN 20052973) & Tax Agents (TAAN 30007728) by the Federal Tax Authority (FTA) with Sharjah, and Ajman in the UAE. Our team is here and ready to accelerate your UAE VAT/TRN Registration within a time frame in a professional manner.
Corporate Tax Registration Services in UAE
Professional Corporate Tax Planning Services in UAE
Corporate tax planning services in UAE are about conducting a thorough financial analysis of a corporation to find ways to minimize and optimize corporate tax payments. At VAT BOX Tax Agency, we have extensive experience in corporate financial management and we can help you plan your corporate tax while minimizing the non-compliance penalties.
We are FTA-registered corporate tax consultants in the UAE offering expert tax planning services to taxable persons in the UAE.
As the UAE government has announced to impose of a corporate tax starting from 1st June 2023, corporations are looking to review and refine their financial structure to accommodate the tax change. This is where Primo llc comes in!
We can help you plan an efficient tax strategy that you can implement to lower your tax payments while ensuring legal compliance at the same time.
The goal of Corporate Tax in the UAE
The UAE has introduced a new tax known as Corporate Tax, which will take effect on June 1st, 2023. Companies that are eligible for this tax must complete the registration process before the start of the financial year. The main objective of the corporate tax is to achieve the UAE’s strategic economic goals and promote accountability in the business sector. It also aims to establish the UAE as a desirable business hub.
Corporate Tax Rates
The following corporate tax rates will apply to businesses in the UAE:
- 0% on taxable income up to AED 375,000
- 9% on taxable income over AED 375,000
Documents Required for Corporate Tax Registration
To register for corporate tax in the UAE, you will need to provide the following documents:
- Latest Trade License Copy
- Passport copy of the corporate owner
- Emirates ID of the corporate owner
- Memorandum of Association (MOA) or Power of Attorney (POA) document
- Contact Information (Email and Phone Number)
- Physical address and P.O box of the company
- Annual financial audit report
How to Register for Corporate Tax in the UAE
The Federal Tax Authority has provided an online portal for eligible taxpayers to register for corporate tax in the UAE. This portal can be used for tax registration, filing, refunds, and deregistration. If you are having trouble understanding the registration process, VAT BOX can assist you. Our expert tax consultants will handle the entire registration process on your behalf, so you can focus on running your business.
Registering for corporate tax in the UAE can be a complex process, especially for foreign business owners. Primo LLC is here to help! Our team of FTA-registered tax agents has extensive experience in tax registration processes across a wide range of industries in the UAE. Our experts will help you understand and implement the registration process, so you can operate your business with peace of mind.
