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Before you build · The honest answer

What do I actually owe after the licence is issued?

More than the firm that sold it tells you. The licence is the day your company starts to exist, not the day its duties end. From that day it carries standing obligations, each with a deadline.

Corporate tax

Register and file annually, even when you owe nothing.

VAT and books

VAT once turnover crosses AED 375,000; clean books sit under it all.

UBO records

A standing duty to record who really owns the company.

Annual renewal

The licence renews yearly. An expired one does not lapse quietly.

The reframe

Asking this before you sign is the right instinct.

Too few do. The licence is the visible milestone you paid for, so the pitch treats it as the destination. But a company is a legal entity: from the day it exists it answers to several authorities whose duties carry deadlines and penalties. Knowing that shape in advance, rather than meeting it when a notice lands, is how serious owners build.

What continues after the licence

Five duties that start the day the company exists.

None appear on the setup invoice. Each is a standing obligation with its own deadline.

01

Corporate tax, even at zero

Registration with the Federal Tax Authority and an annual return are mandatory whether or not tax is due. A business under the AED 375,000 profit threshold, or electing Small Business Relief up to AED 3 million in revenue, still registers and files.

The deadline decides here, not your profit
02

VAT, where you cross the line

Separate from corporate tax. Once taxable turnover crosses AED 375,000 over a rolling 12 months, VAT registration is mandatory: you charge 5%, file periodic returns, and keep compliant invoices. Its own regime, its own deadlines.

03

Books to standard, underneath it all

Behind both tax duties sits record-keeping. Companies must keep proper books of account to an FTA-acceptable standard and retain them for the required period. Without clean, current books you cannot file correctly, so we treat it as a continuous workflow.

04

UBO, the duty no one flags

Ultimate Beneficial Owner rules require accurate, current records of the people who ultimately own or control the business, broadly those holding 25% or more. A live, recurring duty, easy to miss because nothing prompts you. The older ESR regime is now largely historical.

05

The licence itself renews

The trade licence is not a one-time purchase. It renews every year, with any office or flexi-desk typically alongside it. An expired licence does not lapse quietly: it attracts penalties and complicates banking and visas. The first year is not the whole picture.

Not five errands on five calendars. They interlock. Run as one obligation, the company stays clean; in isolation, the gaps between them are where penalties live.

What it costs to miss

The penalty is for silence, not for tax.

The danger is not difficulty. It is that the obligations are quiet: nothing reminds you a deadline is near until the notice arrives, and the firm that sold the licence rarely flags it. The most common avoidable penalty we see in new companies is the corporate tax one below, owed for being late, not for owing tax.

AED 10,000Late corporate tax registration
AED 375,000VAT registration threshold
AED 3 millionSmall Business Relief ceiling
Every yearLicence and workspace renewal

Figures, not a fee: these are regulatory thresholds and the statutory late-registration penalty. What it costs to keep your company compliant depends on your structure, turnover, and whether you cross the VAT line. We map those numbers to your case privately, so nothing arrives as a surprise.

Where we sit

The people who sell the licence are paid to stop there. We are paid to think about year two.

That is the difference between a licence shop and an advisor. We treat the setup and what follows as one relationship, so every duty above is registered, filed, and renewed on time. Mapped in advance, none of it is alarming. A short conversation is the fastest way to know which of these apply to your company.

The questions founders ask next

What people want to know before they sign.

Reviewed by Manish Kumar Pandey, Founder, DM Consultancy · Last reviewed June 2026

Is the trade licence the end of what I owe?

No. The licence is the moment your company starts to exist, and from that day it carries standing obligations with their own deadlines: corporate tax registration and an annual return, VAT once you cross the threshold, books kept to FTA standard, current UBO records, and an annual renewal. The setup pitch ends at the licence because that is what was sold. The duties do not.

Do I have to register for corporate tax even if I owe nothing?

Yes. Registration with the Federal Tax Authority and an annual return are mandatory whether or not tax is due. A business under the AED 375,000 profit threshold, or electing Small Business Relief up to AED 3 million in revenue, still registers and still files. Missing the registration deadline carries an AED 10,000 administrative penalty, owed for being late, not for any tax. It is the most common avoidable penalty we see in new companies.

Why do so many founders get caught out by what comes after?

Because the obligations are quiet. Nothing reminds you a deadline is approaching until a penalty notice arrives, and the firm that sold the licence rarely flags what continues after it. The risk is not difficulty, it is silence. Mapped in advance, the obligations are routine. Discovered after a notice, they cost money and confidence. Know the full shape before you build, not after.
The part after the licence

See the whole picture before you build.
Not just the first invoice.

Thirty minutes with Manish directly, no pitch. He maps which ongoing obligations apply to your company, corporate tax, VAT, bookkeeping, UBO, renewal, with the deadlines, so nothing arrives as a penalty. If the firm fits your case, we proceed. If not, you leave with sharper direction than you came in with.

info@dm-uae.com · Port Saeed, Deira, Dubai