Your annual CT return is due 9 months after your financial year end. Profitrack prepares your taxable income calculation, maximises allowable deductions, and submits on EmaraTax — with absolute precision.
The UAE Corporate Tax return must be filed within 9 months of the end of your financial year. For the majority of UAE businesses with a 31 December financial year-end, this means the return is due by 30 September of the following year. The penalty for late filing starts at AED 500 per month for the first 12 months, rising to AED 1,000 per month thereafter.
Convert your accounting profit to taxable income by applying all required CT adjustments — adding back disallowed expenses, deducting exempt income.
Identify and maximise all allowable deductions — salaries, depreciation, interest, rent, professional fees — to legally minimise your taxable income.
Properly classify qualifying dividends, capital gains, and Free Zone income as exempt — reducing your taxable base within FTA guidelines.
Full preparation and authorised submission of your CT return on the EmaraTax portal, with confirmation receipt provided to you.
If an error is discovered after submission, we prepare and file an amended return through the FTA's voluntary correction process.
If the FTA selects your return for review, we prepare all supporting documentation and manage the process on your behalf.
We start with your audited or management accounts and apply the UAE CT adjustments required by law to arrive at your accounting income figure.
Add back disallowed expenses (excessive interest, entertainment above 50% limit, fines, personal expenses). Deduct exempt dividends and capital gains where applicable.
Apply any tax losses carried forward from prior periods (up to 75% of current taxable income per year). Group tax relief available where applicable.
0% on first AED 375,000 of taxable income, 9% on the balance. Deduct any advance tax payments already made during the period.
Allowable deductions include: employee salaries and benefits (including end-of-service), business rent and utilities, depreciation of business assets, interest on business loans (subject to the general interest deduction limitation), professional fees, marketing expenses, and other genuine business costs. Personal expenses, fines, and penalties are not deductible.
Exempt income includes: dividends and profit distributions from UAE juridical persons, dividends from foreign subsidiaries (subject to conditions), capital gains on qualifying shareholdings, and qualifying Free Zone income for QFZP entities. Proper documentation is required to claim these exemptions.
Yes. Tax losses incurred from financial years starting on or after 1 June 2023 can be carried forward indefinitely. However, you can only use losses to offset up to 75% of your taxable income in any single year. The remaining loss carries forward to the next period.
Businesses with revenue exceeding AED 50 million are required to have audited financial statements. Businesses below this threshold may use management accounts. However, the FTA can request supporting documentation at any time, so maintaining accurate, well-organised books is essential regardless of audit requirements.
Profitrack ensures your CT return is accurate, optimised, and submitted on time — every year.