FTA asking for business activity (UAE)

[snowman]

hello, even though business activity should be already known since it was needed for company formation, when logging in to fta (emaratax), i get asked for adding the business activity.



should one add the same as he added with company formation, or another one , which might be strategically useful for applying small business relief?



@Fred a idea or suggestion?



it looks like they are asking for confirmation and doing actions and decisions based on the business activity maybe?

 

[Fred]

Hi @snowman ,



you can choose the Business Activity from your Trade License as Small Business Relief depends on the Turnover not the Business Activity - maybe you are mixing up Small Business Relief and Qualifying Business Activities for 0% Corporate Tax Rate.