Insights & Updates

FAQ's

What documents are required for VAT Registration in the UAE?

To register for VAT, you typically need:

• Trade License

• Passport & Emirates ID of the Owner

• Company contact details

• Bank account details

• Income Statement (last 12 months)

• Memorandum of Association (MoA)

How long does the VAT refund process take?

The Federal Tax Authority (FTA) usually processes VAT refund claims within 20 business days, but in some cases, it may take longer depending on the complexity of your submission.

What is the corporate tax rate in the UAE?

As per the latest UAE regulations, corporate tax is charged at 9% on the net taxable income exceeding AED 375,000.

• No tax is applied on the net adjustable profit upto AED 375,000

• Only the amount above AED 375,000 is taxed at the 9% rate.

This structure is designed to support small businesses and startups while ensuring larger businesses contribute fairly.

Is Corporate Tax applicable to Free Zone companies?

Yes, but with exceptions. Free Zone entities can benefit from 0% tax if they meet certain conditions outlined by the FTA, including not conducting business with the mainland.

Why AML Trainings & Workshops?

As a social responsibility measure, to educate the UAE/GCC community on the latest developments, especially as the UAE has exited the EU Grey List on AML & CFT.

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