Hi Sir, May I know what is the Ownership start date? what date should we put , is it the date of registration or date of issue where become sole proprietor?
Sir we brought some goods as export terms and sold it with vat because of our customer request. Now we ask our supplier to issue us tax invoice not export invoice. They says they can issue it only with current period date.
We are a General Trading LLC company registered with Department of Economy and Tourism. While registering our company for Corporate Tax, we are unable to find business activity of "General Trading" in the Business Activity options given on the portal. Can you guide which business activity to select for General Trading LLC company?
Hi Sir, thank you for your video. I have a question. Hopefully, you will help me understand. We need to register a new private company for the same owner. We have to bottom ( Create a new taxable person profile) or follow the 5 steps you mention it in the video?
Hi Sir, thank you for your video. I have a question. HOpefully you will help me understand. We have imported goods from China. Import tax was automatically generated in our FTA portal. How will I know if we are qualified to recover Tax Input?
The same amount you can mentioned there in the expense area as RCM. So it will nullify. Some cases if you paid already at the time of import due to some TRN update issues ,then that particular amount you can mention as input VAT so you can recover from FTA
when i complete step 3 then in step 4 authorized signatory every time message appears for country code even i have entered code checked step 1,2 and 3 but in step 4 i cant move to step 5.Plz Help
Sir I registered Corporate Tax last Sunday (22.10.2023) and got reference number for it. Today (25.10.2023) I received an email from FTA. Please help me what should I do to fix this.
Sir your voice in the video is not very clear. There is some disturbance Kindly if you can upload a new video with clear voice that will be more helpful for us. Thank you
Hi @Taxation_in_Nutshell - Login into your Emara Tax portal and Click ‘Actions’ in the Corporate Tax tile and Select ‘Change Corporate Tax Period and follow further steps provided in "Change Corporate Tax Period - Taxpayer User Manual" released by FTA in order to change the Corporate Tax Period.
@@Emiratescagroup dear sir I wrongly selected corporate tax period Nov to December But I have to change it to January to December How can I do this because in the portal if I am selecting amend registration there is no option of selection of Corporate tax period
hello how can we register the ownership details in step 2 if the owner is not a UAE-based entity? Hence, the trade license is also not issued in UAE. when the options available on the licensing authority on the FTA portal are limited only to UAE.
Manu Sir is really a Tax Maestro. Great and informative video. Keep it up and thumbs up 👌👍
Thankyou very much @fazalrahim8637
Excellent explanation. your explanation is simple and easy to understand. keep it up
Thankyou very much @syedmajeed9661
Dear Manu, really you are giving a very good information for all, thank you
Thankyou for the appreciation @AnupamaChitleru
Hi Sir, May I know what is the Ownership start date? what date should we put , is it the date of registration or date of issue where become sole proprietor?
Thank you for the update, its very helpfull video
Thankyou very much @Mohamed Rafeek
Thank you very helpful
Very informative,,,Thanks for sharing.
Thank you @BilalVlogs
Very well explained.
Thanks for the information sir,
One question I have as if now who needs to register for corporation tax?
Hello Mr. Manu, We have incorporated on 27th May, 2024, by what date do we have to register for the CT? Please guide
It depends on the license type. Please share your details to secretary@emiratesca.com we will be happy to support / advise you.
Sir we brought some goods as export terms and sold it with vat because of our customer request. Now we ask our supplier to issue us tax invoice not export invoice. They says they can issue it only with current period date.
Thank you very much Sir.
Thankyou @Hana Mohd
We are a General Trading LLC company registered with Department of Economy and Tourism. While registering our company for Corporate Tax, we are unable to find business activity of "General Trading" in the Business Activity options given on the portal. Can you guide which business activity to select for General Trading LLC company?
Mr. Manu, our company activity TRADING for computer sales and single ownership MOA, we need to obtain corporate tax register, we have already VAT,
Hello There, yes every business in the UAE has to register for UAE Corporate Tax.
Hi Sir, thank you for your video. I have a question. Hopefully, you will help me understand. We need to register a new private company for the same owner. We have to bottom ( Create a new taxable person profile) or follow the 5 steps you mention it in the video?
We have marble trading LLC what can i choos entity type it is legar or partnership
Hi Sir, thank you for your video. I have a question. HOpefully you will help me understand. We have imported goods from China. Import tax was automatically generated in our FTA portal. How will I know if we are qualified to recover Tax Input?
Hai Hanna, here you have to use the RCM.
The same amount you can mentioned there in the expense area as RCM. So it will nullify. Some cases if you paid already at the time of import due to some TRN update issues ,then that particular amount you can mention as input VAT so you can recover from FTA
when i complete step 3 then in step 4 authorized signatory every time message appears for country code even i have entered code checked step 1,2 and 3 but in step 4 i cant move to step 5.Plz Help
Thanks for the video, is any dead line for the registration?
No deadline for CT Registration as of now.
Sir I registered Corporate Tax last Sunday (22.10.2023) and got reference number for it. Today (25.10.2023) I received an email from FTA. Please help me what should I do to fix this.
Does the corporation tax period have to be the same as financial year?
Hi, Don’t we have to do separate Corporate tax registration , even if the Branch has a separate VAT registration no: ?
Hi Sir, Can you please explain legal name and trade name are same ?
Every company have to register ? even freezones or even companies not meeting minimum threshold ?
Hi Sir,
Company registered in Ajman freezing and trading material from and to outside UAE. Please guide VAT and corporate tax is applicable or not?
Sir your voice in the video is not very clear. There is some disturbance
Kindly if you can upload a new video with clear voice that will be more helpful for us.
Thank you
How to amend corporate tax registration..?? If wrong tax period is selected..???
Hi @Taxation_in_Nutshell - Login into your Emara Tax portal and Click ‘Actions’ in the Corporate Tax tile and Select ‘Change Corporate Tax Period and follow further steps provided in "Change Corporate Tax Period - Taxpayer User Manual" released by FTA in order to change the Corporate Tax Period.
@@Emiratescagroup dear sir
I wrongly selected corporate tax period Nov to December
But I have to change it to January to December
How can I do this because in the portal if I am selecting amend registration there is no option of selection of Corporate tax period
Taxabl Person - Company Name or Owner Name - No one is clarifying his ??
Thanks Sir
Welcome @Lijil k.s
hello how can we register the ownership details in step 2 if the owner is not a UAE-based entity? Hence, the trade license is also not issued in UAE. when the options available on the licensing authority on the FTA portal are limited only to UAE.
Hello, we had the same case. May I know please what you did for your company?
How was the above dealt while registering an entity with a foreign holding company?
Sir, I want to work in audit firm in dubai
Voice has some issue
Thank you for notifying us, we will see to it.
👍
Bro buy a new mic 🎤