Solvico Advisory provides comprehensive Corporate Tax compliance, advisory, and strategic planning services for businesses operating across Dubai and the UAE. Our team helps businesses meet their Corporate Tax obligations in accordance with Federal Decree-Law No. 47 of 2022, applicable Cabinet and Ministerial Decisions, and relevant FTA regulations, clarifications and guidance, as amended from time to time. This para also needs to be modified. Slight correction
UAE Corporate Tax Overview
The UAE introduced a federal Corporate Tax regime for financial years beginning on or after 1 June 2023. The standard Corporate Tax rate is 0% on taxable income up to AED 375,000 and 9% on the portion exceeding AED 375,000, subject to the applicable provisions of the UAE Corporate Tax Law.
Large multinational enterprise (MNE) groups meeting the applicable revenue threshold may also be subject to the UAE Domestic Minimum Top-up Tax (DMTT) under the OECD Pillar Two framework. The UAE DMTT applies to in-scope MNE groups with consolidated global revenue of €750 million or more, subject to the applicable conditions, and is designed to ensure a 15% minimum effective tax rate in accordance with the Pillar Two rules.
Corporate Tax Registration
All taxable persons, including mainland companies, free zone entities, and qualifying natural persons conducting business activities, must register for Corporate Tax through the EmaraTax portal.
Solvico Advisory manages the complete registration lifecycle, including:
Corporate Tax Return Filing
Businesses generally need to file their Corporate Tax return within 9 months from the end of the relevant Tax Period. Late filing may result in administrative penalties in accordance with applicable UAE tax legislation.
Our advisors prepare and file Corporate Tax returns by:
Tax Compliance and Advisory
Sustained compliance requires ongoing monitoring of transactional tax treatments, intercompany agreements, and transfer pricing documentation. Solvico Advisory delivers structured advisory interventions to eliminate compliance gaps.
Corporate Tax Penalties & Compliance Support
Administrative penalties may arise from late registration, delayed filing, incorrect returns, late tax payments and record-keeping or other compliance failures. Solvico Advisory helps businesses assess potential exposure, correct compliance gaps, prepare voluntary disclosures where applicable, and submit appropriate penalty reconsideration or waiver requests.
| Violation Type | Penalty / Treatment | Reference |
|---|---|---|
| Late Registration | AED 10,000 | Applicable FTA Administrative Penalties |
| Late Return Filing | AED 500 per month/part thereof for the first 12 months; AED 1,000 thereafter | Cabinet Decision No. 75 of 2023 |
| Incorrect Tax Return | Penalty depends on the circumstances and timing of correction | Cabinet Decision No. 75 of 2023 |
| Failure to Maintain Records | Administrative penalty may apply depending on the nature of the violation | UAE Tax Procedures Law & applicable decisions |
| Late Tax Payment | 14% per annum for each month or part thereof on unsettled tax | UAE Tax Procedures Law & applicable decisions |
Corporate Tax Audit Support
The Federal Tax Authority (FTA) may conduct risk-based audits to verify the accuracy of tax returns, records and supporting documentation. Solvico Advisory provides practical assistance throughout the audit and compliance process.
Corporate Tax Audit Support
Partner With Solvico Advisory
Navigating UAE Corporate Tax requires technical precision, strategic foresight, and continuous regulatory monitoring. Solvico Advisory serves as your trusted tax partner in Dubai, managing complex compliance obligations so your leadership team can focus on sustainable growth.
Contact Solvico Advisory today to schedule a Corporate Tax consultation, request a compliance audit, or initiate your registration process.
