Corporate Tax
The corporate tax dashboard, returns, Small Business Relief, free zone status, losses and payments on account.
- Corporate tax in VerasolVerasol works out your UAE corporate tax from the books you have posted. See the year's figure, filed returns, reliefs, losses and payments on one screen.
- Corporate tax returnsPrepare a year's corporate tax return from your books, add adjustments, review it, then record the filing you made on EmaraTax and the payment. Verasol books the tax.
- Small Business ReliefSee whether the year can use Small Business Relief, elect it or revoke it, and how it changes the year's corporate tax return. Verasol checks the revenue from your books.
- Qualifying Free Zone Person (QFZP)Fill in a year's free zone assessment, with the de minimis test and the conditions. When it qualifies, the year's return taxes qualifying income at 0% and the rest at 9%.
- Tax losses carried forwardHow Verasol records a year's tax loss when its return is filed, how to enter a loss from before your books start, and how later returns use it, up to 75% of their taxable income.
- Voluntary payments on accountPlan and record optional payments toward a year's corporate tax before its return is filed. Verasol deducts them from the tax when you file the return.