Ras Al Khaimah: UAE Corporate Tax Registration

Businesses in Ras Al Khaimah, including local companies, foreign entities, and branches, must register for Corporate Tax if they meet the required criteria. 
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Legal Person​​ (Juridical Person): ​

A legal person refers to an entity incorporated or otherwise established or recognized under the laws and regulations of the UAE, or under the laws of a foreign jurisdiction, that has a legal personality separate from its founders, owners and directors. Separate legal personality means that the entity has its own rights, obligations and liabilities distinct from its founders or owners.

Resident ​Legal Person​​ (Juridical Person):

​A legal person is a Resident Person for the purposes of Corporate Tax in UAE if it is ​incorporated or otherwise established or recognized in the UAE (this includes juridical persons incorporated, established or otherwise registered in Free Zones) or ​incorporated or otherwise established or recognized outside the UAE but is effectively managed and controlled in the UAE.

Non Resident ​Legal Person​​ (Juridical Person):

A foreign legal person that operates in the UAE through a Permanent Establishment or that has a taxable nexus in the UAE would also be subject to Corporate Tax​

Corporate Tax Registration 

Who should register under the UAE Corporate Tax ?

A Taxable Person shall register for Corporate Tax with the Authority in the form and manner and within the timeline prescribed by the Authority and obtain a Tax Registration Number unless other wise it is exempted from the obligation of the UAE CT Registration.

Also the Taxable Persons are required to file a Corporate Tax Return, irrespective of whether they have made a profit or not. Taxable Persons with Tax Losses should ensure they file a Corporate Tax Return in order to ensure that these losses can be used to reduce Taxable Income of future Tax Periods. 

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Who is a Taxable Person ? ​

​ A Person subject to Corporate Tax in the UAE under the Corporate Tax Law. 

Legal Person​​ (Juridical Person) subject to the Corporate Tax : 

01.   Legal (juridical persons) incorporated in the United Arab Emirates

02.  Foreign Legal (juridical persons) that are effectively managed and controlled in the United Arab Emirates

03.  A Foreign Legal (juridical persons) that operates in the United Arab Emirates through a Permanent Establishment 

04.  A Foreign Legal (juridical persons) that has a taxable nexus in the United Arab Emirates

Tax Registration : ​

Tax Registration under UAE CT is a procedure under which a Person registers for Corporate Tax purposes with the Authority. The registration for the same is to be made on the ​Emara Tax Portal of the Federal Tax Authority

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Tax Registration Number (CT TRN) : ​

​Tax Registration Number under UAE CT is a unique number issued by the Federal Tax Authority to each Person who is registered for Corporate Tax purposes in the UAE. 

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Where to Register for the CT TRN ? ​

Persons that are required to register for Corporate Tax will need to set up an online account on the Emara Tax Portal of the Federal Tax Authority.

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Examples of the Legal Person (Juridical Persons)

Legal Persons (Juridical Persons) that are incorporated or otherwise established or recognized in the UAE that have been established under the UAE mainland legislation, and other entity forms that have a separate legal personality under the applicable UAE mainland legislation or Free Zone regulations are and include as follows; 

• Joint Liability Companies
• Limited Partnership Companies
• Limited Liability Companies (LLCs)
• Public Joint Stock Companies (PJSCs)
• Private Joint Stock Companies (PJSCs)
• Foundations
• Trusts

Note : ​UAE branches of a domestic or foreign juridical person are regarded as an extension of their head office and, therefore, are not considered separate juridical persons

Illustrative list of the the competent authorities concerned with licensing or authorizing a Business or Business Activity in Ras Al Khaimah;

RAK Maritime City 
Ras Al Khaimah Department of Economic Development
Ras Al Khaimah Economic Zones (RAKFTZ & RAKIA) 
Ras Al Khaimah Media Free Zone​

Gupta Accountants expert team of UAE Corporate Tax Consultants in United Arab Emirates, provides support at all the stages of compliance with UAE Corporate Tax  

Why Gupta Accountants ? 

• Professionally qualified Chartered Accountants with in-depth knowledge about the UAE Corporate Tax 
• Cost Effective Corporate Tax compliance services 
• Compliance to local, International standards & applicable rules and regulations. ​