Revenue by Customer

VAT Transactions

Outstanding Invoices

Loan Summary

Repayment History

Monthly Trend

Service Details

📌 Small Business Relief (SBR) — Ministerial Decision 73/2023

Corporate Tax Computation — Both Scenarios

Note: SBR is available only if your revenue is ≤ AED 3,000,000 for this period and all previous tax periods ending on or before 31 December 2026. SBR must be elected on the return — it is not automatic.

Revenue Breakdown

Expense Breakdown (for Disclosure Schedule)

Common CT adjustments: Entertainment expenses are 50% disallowed (Art. 32). Fines & penalties are 100% disallowed. Owner's drawings, bribes and unauthorised donations are fully disallowed. Related-party transactions must be at arm's length. Please review each category with your tax agent.

📝 Filing Checklist — EmaraTax

1. Confirm CT registration on EmaraTax — you should have a CT TRN beginning with the 100 series.
2. Have these documents ready:
   • Trade Licence (latest)
   • Memorandum / Articles of Association
   • Bank statements for the tax period
   • This Corporate Tax Report (export PDF)
   • Invoice register + Expense register (export from ERP)
3. Log in to eservices.tax.gov.ae → Corporate Tax → File Return.
4. Enter Tax Period: 1 May 2025 to 31 December 2025.
5. Tick the "Small Business Relief" election box (this is the key step that makes your CT liability NIL).
6. Enter revenue figure as shown in this report.
7. Submit. Filing deadline: 30 September 2026.
8. Save the FTA acknowledgement PDF in your records (keep for 7 years).

Methodology & assumptions used in this draft

• Tax period: 1 May 2025 – 31 December 2025 (first tax period since incorporation).
• Revenue basis (accrual): includes all non-cancelled invoices issued in the period + all cash memos issued in the period (net of VAT).
• Revenue basis (cash): includes invoice payments received in the period + cash memos.
• Expenses: includes recorded expenses + paid purchase orders + payroll runs falling within the period (net of recoverable VAT).
• Adjustments not auto-applied: entertainment 50% disallowance, fines/penalties, related-party adjustments. Apply manually with your tax agent.
• Standard CT rate: 0% up to AED 375,000 taxable income, 9% above. (Federal Decree-Law 47/2022, Art. 3.)

Corporate Tax (CT) — the basics

UAE Corporate Tax is a federal tax on business profits under Federal Decree-Law No. 47 of 2022. It applies for financial years starting on or after 1 June 2023. For a company with a calendar-year financial period (Jan–Dec), the first tax period is 1 Jan 2024 – 31 Dec 2024.

Registration — everyone must register

• All taxable persons must register for Corporate Tax and get a CT TRN — even if income is below AED 375,000 or the business expects to pay 0%.
• Registration is done on EmaraTax. A business already registered for VAT uses the same EmaraTax account.
• Late registration penalty: AED 10,000.
• Natural persons (individuals) running a business must register if their annual turnover exceeds AED 1,000,000.

Small Business Relief (SBR) — key for small clients

Under Ministerial Decision No. 73 of 2023, a resident business with revenue of AED 3,000,000 or less in the current and all previous tax periods can elect Small Business Relief. When elected, the business is treated as having no taxable income → Corporate Tax payable is AED 0, and files a simplified return.

• Available for tax periods ending on or before 31 December 2026.
• Must be elected on the CT return — it is not automatic.
• Registration is still mandatory; SBR only removes the tax, not the filing obligation.

Tip: the ERP has a Corporate Tax report (Reports → Corporate Tax) that checks SBR eligibility and drafts the figures.

Free Zone businesses

A Qualifying Free Zone Person (QFZP) can pay 0% on "qualifying income" and 9% on non-qualifying income, provided it meets conditions (adequate substance, qualifying activities, audited financials, transfer-pricing rules). QFZPs still register and file CT returns.

Filing, payment & records

• Return & payment deadline: within 9 months of the end of the tax period. (FY ending 31 Dec 2024 → due 30 Sep 2025. FY ending 31 Dec 2025 → due 30 Sep 2026.)
• One combined return per tax period (no advance/provisional filing).
• Records: keep for 7 years after the end of the tax period.
• Late filing penalty: AED 500 per month for the first 12 months, then AED 1,000 per month.

UAE e-Invoicing — what's coming

The UAE Ministry of Finance is introducing mandatory electronic invoicing. An e-invoice is a structured digital invoice (not a PDF or scan) that is exchanged and reported through accredited channels, so the FTA receives invoice data in near real-time.

How the model works (5-corner / Peppol)

The UAE uses a Decentralised Continuous Transaction Control and Exchange (DCTCE) model based on the international Peppol framework:

1. The supplier creates the invoice in its accounting system.
2. The supplier's Accredited Service Provider (ASP) converts & validates it to the UAE standard.
3. It is delivered to the buyer's ASP, then to the buyer.
4. The invoice data is reported to the FTA at the same time.

Businesses will need to work with an FTA-accredited service provider — not just email a PDF.

Timeline (as announced — confirm latest with MoF/FTA)

The e-invoicing timeline has shifted more than once. Treat dates as indicative and verify the current schedule on the Ministry of Finance / FTA website before advising a client.

What clients should do to prepare

• Make sure master data is clean — legal name, TRN, address of the business and its customers.
• Use accounting software that can export structured invoice data.
• Plan to connect to an Accredited Service Provider when accreditation opens.
• Keep watching MoF/FTA announcements for the mandatory start date for their business size.

EmaraTax portal — eservices.tax.gov.ae

EmaraTax is the FTA's online portal for all tax services — VAT, Corporate Tax and Excise: registration, returns, payments, refunds, and viewing penalties. Everything below happens here.

Step 1 — Create an EmaraTax user account

1. Go to eservices.tax.gov.ae and click Sign Up.
2. Enter email, phone number and a password, then verify the email (and OTP).
3. Or click Login with UAE Pass to use the national digital identity (fastest option).
4. Log in — you land on the Taxable Person dashboard.

Step 2 — Create / link the Taxable Person

1. On the dashboard click Create a new Taxable Person (the business), or select an existing one.
2. Enter the entity details — legal name, trade licence, Emirates ID / passport of owner, contact details.
3. This Taxable Person profile is then used for all VAT and Corporate Tax registrations and filings.

Step 3 — Register for VAT and/or Corporate Tax

1. Open the Taxable Person → choose Register under VAT or Corporate Tax.
2. Complete the application (business activity, turnover, bank details, licence & owner documents) and submit.
3. On approval the FTA issues the TRN. You can then file returns and make payments from the same dashboard.

Adding more users (delegates / tax agents)

A business can give staff or its tax agent access without sharing the main password:

• Online User management: in EmaraTax, open User Authorisation / Manage Users, invite a person by email and assign a role (e.g. preparer, approver, read-only).
• Tax Agent / Agency link: a registered Tax Agent can request to be linked to the Taxable Person; the owner approves the request in EmaraTax. The agent can then file on the client's behalf.
• Each added user logs in with their own EmaraTax / UAE Pass credentials.

Exact menu labels change as the FTA updates EmaraTax — the flow (invite by email → assign role → user accepts) stays the same.

Documents usually needed

• Trade licence (valid)
• Owner/partner Emirates ID & passport copies
• Memorandum of Association (MOA) / company contract
• Contact details & registered address, bank account (IBAN) details
• Financial figures — turnover / expenses (and audited financials where applicable)

VAT services

Corporate Tax services

Bookkeeping, e-invoicing & other