FAQs Article 53: Tax Returns
Source: https://mof.gov.ae/corporate-tax-faq/
- How often will UAE businesses need to file a UAE CT return?
Only one UAE CT return will need to be filed per Tax Period. The CT return will generally be due within 9 months following the end of the Tax Period. No provisional or advance UAE CT filings will be required.
- I do not have any income / or my company is dormant, do I have to complete a UAE CT return?
Taxpayers are required to file a CT return, irrespective of the level of income or the status of the company.
- I did not make a profit for the Tax Period, do I have to complete a UAE CT return?
Taxpayers are required to file a CT return, irrespective of whether they have made a profit or not. Taxpayers with tax losses should ensure they file a CT return in order to ensure that these losses can be used to reduce taxable income of future years.
- Can I file one UAE CT return for all the companies I own?
If the companies meet the requirements to form a Tax Group (see section R ‘Tax Groups’) and their application to form a Tax Group is approved, they can file a single UAE CT return covering all the members of the Tax Group.
Where companies cannot form a Tax Group, they will each be required to file a UAE CT return on a standalone basis.
- Will the CT return need to be filed electronically?
UAE CT returns will need to be filed electronically. Further guidance on this will be provided in due course.
