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UAE Corporate Tax Services in Sharjah
UAE Corporate Tax now applies to almost every business in the country, and the rules keep changing. Under Federal Decree-Law No. 47 of 2022, Corporate Tax applies to financial years starting on or after 1 June 2023, at 9% on taxable income above AED 375,000 and 0% below it. Free zone companies may pay 0% on qualifying income as a Qualifying Free Zone Person (QFZP).
At Hussain Al Shemsi Chartered Accountants, our tax team in Sharjah guides mainland and free zone businesses through registration, bookkeeping alignment, return filing and related-party rules, so you stay compliant and pay no more than you should.
UAE Corporate Tax at a glance
- Rates: 0% on taxable income up to AED 375,000 and 9% above it.
- Free zones: 0% on qualifying income for Qualifying Free Zone Persons; other income at 9%.
- Small Business Relief: revenue of AED 3 million or less, now extended to 31 December 2029.
- Return and payment: within 9 months of the end of each tax period, filed on EmaraTax.
- Records: keep accounts and supporting documents for 7 years.
- Audited accounts: needed for revenue above AED 50 million, QFZPs and all tax groups.
Our Corporate Tax Services
Registration and deregistration
Timely Corporate Tax registration on EmaraTax for single entities or tax groups, and deregistration when it applies.
Impact assessment and structuring
A review of your structure, transactions and revenue streams to confirm your liability and plan tax-efficient arrangements.
Taxable income calculation
Accurate computations covering deductible expenses, exempt income, depreciation and the IFRS-to-tax reconciliation.
Annual Corporate Tax return
Preparation, review and filing of your return with all supporting schedules, on time.
Tax group formation
Setting up Corporate Tax groups for parent and subsidiary companies, so losses can offset and compliance is simpler.
FTA submissions and objections
Responses, reconsideration requests and objections against FTA notices, assessments and penalties.
Corporate Tax Updates for 2025 and 2026
- Small Business Relief extended: Ministerial Decision No. 131 of 2026 extends the relief to tax periods ending by 31 December 2029. Read our update.
- Audited financial statements: under Ministerial Decision No. 84 of 2025, all tax groups now need audited (special purpose) financial statements. See our statutory audit services.
- 15% minimum tax for large groups: the Domestic Minimum Top-up Tax applies from financial years starting on or after 1 January 2025 to multinational groups with revenue of EUR 750 million or more.
- New late-payment penalty: from 14 April 2026, late tax payments are charged at 14% a year under Cabinet Decision No. 129 of 2025.
Corporate Tax Penalties to Avoid
- Late registration: AED 10,000.
- Late return: AED 500 a month for the first 12 months, then AED 1,000 a month.
- Late payment: 14% a year on the unpaid tax.
Our guide to the Corporate Tax filing deadline explains registration and filing step by step.
How We Handle Your Corporate Tax Return
- Review: we confirm your tax period, reliefs and whether Small Business Relief or QFZP status applies.
- Adjust: we start from your accounts and make the tax adjustments for non-deductible costs, exempt income and related parties.
- Calculate: we compute taxable income and the tax due, and check transfer pricing disclosures.
- Approve and file: you review the return, then we file it on EmaraTax before the 9-month deadline.
- Pay and keep records: we confirm the payment and keep the working papers for 7 years.
Why Choose Hussain Al Shemsi
- Chartered Accountants covering tax, audit and accounting together. Meet our team.
- Free zone experience with QFZP assessments for SAIF Zone, SHAMS, SRTIP and other free zones. See our free zone audit services.
- Joined-up advice on tax groups, transfer pricing and VAT.
- Based in Sharjah, serving businesses across all seven emirates.
Frequently Asked Questions
When did UAE Corporate Tax come into effect?
For financial years starting on or after 1 June 2023. For calendar-year businesses the first tax period was 2024, with the first return due by 30 September 2025.
When is the Corporate Tax return due?
Within 9 months of the end of the tax period, and the tax must be paid by the same date. For a 31 December year end, that is 30 September.
Do free zone companies pay Corporate Tax?
Qualifying Free Zone Persons pay 0% on qualifying income if they meet the conditions, including adequate substance and audited accounts. Other income is taxed at 9%.
What is Small Business Relief, and how long does it last?
Resident businesses with revenue of AED 3 million or less can elect to be treated as having no taxable income. It now runs to tax periods ending by 31 December 2029 under Ministerial Decision No. 131 of 2026. It is not available to Qualifying Free Zone Persons or members of large multinational groups.
What is the penalty for late Corporate Tax registration?
AED 10,000. The FTA has offered penalty waivers in the past, so we can check whether one applies to you.
How long must I keep records for Corporate Tax?
For 7 years after the end of the tax period, including financial statements, invoices, contracts and related-party agreements.
Can you help businesses in Sharjah free zones?
Yes. We support businesses in SAIF Zone, SHAMS, SRTIP, Hamriyah and other free zones, as well as mainland businesses across the UAE.
Stay Corporate Tax Compliant
From registration to your annual return, our tax team takes care of UAE Corporate Tax so you can focus on your business.
Official guidance: Federal Tax Authority.
How can we help you?
Get in touch with Hussain Al Shemsi Chartered Accountants for expert auditing, accounting, tax, and advisory services in the UAE.
