Interactive Corporate Tax Return Practice
Practice completing a full UAE Corporate Tax return (CT1) with an interactive, scenario-based form. Apply a real business scenario, calculate taxable income, tax due, and net payable — with field-level guidance and instant feedback.
Practice Scenario
Tax Period: 2024 (1 Jan–31 Dec)Desert Trading LLC
A UAE mainland LLC engaged in general trading. Complete the Corporate Tax return financial statements below using the provided scenario data. Enter current period values, then click Check Return to validate.
| Transaction | Current Period (AED) | Previous Period (AED) |
|---|---|---|
| Operating revenue | 4,500,000 | 3,900,000 |
| Payroll cost (COGS) | 2,100,000 | 1,900,000 |
| Salaries, wages & related charges | 850,000 | 780,000 |
| Depreciation & amortization | 180,000 | 160,000 |
| Provisions & pension | 120,000 | 95,000 |
| Donations (non-qualifying) | 25,000 | 20,000 |
| Losses on disposal of assets | 30,000 | 15,000 |
| Net gains/(losses) on disposal | 10,000 | 5,000 |
| Foreign exchange gains | 45,000 | 30,000 |
| Foreign exchange losses | 35,000 | 28,000 |
| Income not reclassified (OCI) | 50,000 | 40,000 |
| Losses not reclassified (OCI) | 20,000 | 15,000 |
| Income reclassifiable (OCI) | 30,000 | 25,000 |
| Losses reclassifiable (OCI) | 18,000 | 12,000 |
| Other income in OCI | 10,000 | 8,000 |
| Other losses in OCI | 5,000 | 3,000 |
| Total current assets | 1,800,000 | 1,600,000 |
| Property, plant & equipment | 2,400,000 | 2,200,000 |
| Intangible assets | 300,000 | 350,000 |
| Financial assets | 500,000 | 450,000 |
| Other non-current assets | 150,000 | 120,000 |
| Total current liabilities | 900,000 | 850,000 |
| Total non-current liabilities | 1,200,000 | 1,100,000 |
| Share capital | 1,000,000 | 1,000,000 |
| Retained earnings | 2,050,000 | 1,740,000 |
| Other equity | 200,000 | 150,000 |
Enter the current period values into the Corporate Tax return below. Click "Check Return" when done.
Corporate Tax Return
Interactive Practice Form| Item | Current Period (AED) | Previous Period (AED) |
|---|---|---|
Operating Revenue | ||
Payroll cost incurred in deriving operating revenue | ||
Gross Profit / Loss | ||
Salaries, wages and related charges | ||
Depreciation and amortization | ||
Prov. and Pension | ||
Donations | ||
Losses on Disposal of Assets | ||
Net gains / (losses) on disposal of assets | ||
Foreign exchange gains | ||
Foreign exchange losses | ||
Net Gains / (losses) on foreign exchange | ||
Net profit / (loss) |
| Item | Current Period (AED) | Previous Period (AED) |
|---|---|---|
Income that will not be reclassified to the income statement | ||
Losses that will not be reclassified to the income statement | ||
Income that may be reclassified to the income statement | ||
Losses that may be reclassified to the income statement | ||
Other income reported in other comprehensive income for the year | ||
Other losses reported in other comprehensive income for the year | ||
Total comprehensive income for the year |
| Item | Current Period (AED) | Previous Period (AED) |
|---|---|---|
Total current assets | ||
Property, plant and equipment | ||
Intangible assets | ||
Financial assets | ||
Other non-current assets | ||
Total non-current assets | ||
Total assets | ||
Total current liabilities | ||
Total non-current liabilities | ||
Total liabilities | ||
Share capital | ||
Retained earnings | ||
Other equity | ||
Total equity |
Note: The details will be saved and the Interactive Filing checklist will be generated.
This is an interactive practice form for educational purposes only. Figures are not submitted to the FTA. Actual filing must be done through the FTA's official EmaraTax portal. This content is pending qualified UAE tax-professional review and should not be treated as verified tax advice.
Practical UAE example
Desert Trading LLC, a UAE mainland company, has revenue of AED 4.5M, COGS of AED 2.1M, and operating expenses of AED 1.495M. It incurred AED 60K in entertainment expenses and AED 25K in non-qualifying donations. It has AED 80K in exempt dividend income and AED 150K in loss carry-forward. The accounting profit is AED 945K, and after adjustments, taxable income is AED 790K. Tax before credits is AED 37,350 (9% of AED 415K). After AED 12K foreign tax credit and AED 5K advance tax paid, the net tax payable is AED 20,350.
Key takeaways
- UAE Corporate Tax rate is 0% on taxable income up to AED 375,000 and 9% above.
- Non-deductible expenses (fines, entertainment, non-qualifying donations) must be added back to accounting profit.
- Exempt income (qualifying dividends, qualifying free zone income) is excluded from taxable income.
- Tax losses can be carried forward indefinitely and offset against future taxable income.
- Foreign tax credits prevent double taxation on foreign-sourced income.
1. What is the UAE Corporate Tax rate for a mainland LLC?
2. How are entertainment expenses treated in the Corporate Tax computation?
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This lesson is general educational content, not individualized tax or legal advice. Always consult a qualified professional for your specific situation.