research · 30/09/2026 · UAE
Dubai Company’s First 12 Months Checklist: From License to First Tax Declaration
Summarize what needs to be done in the first year: Corporate Tax registration (3 months), visa and Emirates ID, opening a bank account, accounting under IFRS, monitoring VAT thresholds, updating UBO, preparing audits and renewing license.
February 0–1
Receive a license, submit an UBO, make a visa and an Emirates ID (if any), prepare an application to open a bank account.
January 1–3
Register Corporate Tax on EmaraTax (term of 3 months), receive TRN, set up accounting.
every month
Track sales for the VAT threshold of AED 375,000; save documents.
end of financial year.
Book lock, audit (if affiliated or Free Zone required), renew license.
9 months after the financial year.
Submit the business tax declaration.
See the details.
Tax registration for the first time.
Meaning of Vietnamese business.
Establishing a company is just the first step.Compliance schedules will make it easier for to open and keep bank accounts, avoid fines and renewal smoothly.
Source: Summary of M Consulting Vietnam from FTA, UAE Ministry of Finance and Free Zone Regulation. Content summarized and analyzed by M Consulting Vietnam, does not replace legal advice.
