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UAE Country-by-Country Reporting (CbCR) Checklist

Ensure your business complies with UAE Country-by-Country Reporting regulations using this comprehensive checklist.

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Welcome to our comprehensive UAE Country-by-Country Reporting (CbCR) Checklist, an essential tool for multinational enterprise (MNE) groups operating in the United Arab Emirates. The CbCR regulations, introduced as part of the OECD's Base Erosion and Profit Shifting (BEPS) Action Plan, require large MNEs to provide detailed information about their global operations, revenues, profits, and taxes. This checklist is designed to help companies navigate the complexities of CbCR compliance, ensuring they meet all regulatory requirements and avoid potential penalties.


Whether you're a financial controller of a large multinational corporation, a tax professional, or a business owner expanding globally, this checklist will guide you through the key aspects of CbCR compliance. From assessing applicability to data collection, from reporting to ongoing monitoring, we've got you covered.

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Why use this checklist?
CbCR compliance is not just about following rules—it's about promoting global tax transparency, maintaining integrity, and contributing to fair taxation practices. Regular use of this checklist can help you:

  • Determine if your group is subject to CbCR requirements
  • Understand and meet CbCR data collection and reporting requirements
  • Prepare effectively for regulatory filings and potential audits
  • Avoid costly penalties and regulatory issues
  • Align your business practices with international tax transparency standards

Let's embark on your journey to full CbCR compliance and transparency!



Note: We recommend bookmarking this page for easy access. As the UAE CbCR landscape evolves, we regularly update this checklist to reflect the latest requirements and best practices.

Compliance Score: 0%

Assessing CbCR Applicability

Assess if your MNE group's annual consolidated revenue exceeds AED 3.15 billion (or EUR 750 million).

Determine which entity in your group qualifies as the Ultimate Parent Entity.

Determine if your UAE entity is part of an MNE group subject to CbCR.

Data Collection and Preparation

Collect comprehensive financial information for each entity in the MNE group.

Gather data on the number of employees and nature of activities for each entity.

Compile information on transactions between group entities.

Verify that CbCR data aligns with the group's consolidated financial statements.

CbCR Notification

Determine which entity will file the CbC Report for the group.

File the CbCR Notification form with the UAE Ministry of Finance by the specified deadline.

Promptly inform the Ministry of Finance of any changes to the submitted information.

CbC Report Preparation and Submission

Compile the CbC Report using the OECD's standardized template.

Verify that the report contains all necessary data for each tax jurisdiction.

File the CbC Report through the designated online portal by the due date.

Maintain copies of all submitted CbC Reports for future reference.

Ongoing Compliance and Monitoring

Periodically review and update your CbCR data collection and reporting processes.

Regularly monitor for updates or changes in CbCR laws and regulations.

Be ready to respond to any follow-up questions or audits based on your CbC Report.

Frequently Asked Questions

What is Country-by-Country Reporting (CbCR)?
CbCR is a reporting requirement for large multinational enterprise (MNE) groups. It requires them to provide a breakdown of key elements of their financial statements by jurisdiction, including revenue, profit, tax paid, and economic activity.
Which entities need to comply with UAE CbCR regulations?
UAE-based entities that are part of an MNE group with annual consolidated group revenue exceeding AED 3.15 billion (or EUR 750 million) in the preceding fiscal year must comply with CbCR regulations.
What information needs to be included in a CbC Report?
A CbC Report typically includes information on revenue, profit before income tax, income tax paid and accrued, stated capital, accumulated earnings, number of employees, and tangible assets for each tax jurisdiction in which the MNE group operates.
When is the CbCR Notification due in the UAE?
The CbCR Notification must be submitted no later than the last day of the reporting fiscal year of the MNE group.
What is the deadline for submitting the CbC Report in the UAE?
The CbC Report must be filed within 12 months from the last day of the reporting fiscal year of the MNE group.
Are there penalties for non-compliance with CbCR regulations in the UAE?
Yes, penalties for non-compliance can be significant. They may include fines for failure to notify, late submission of the CbC Report, or providing inaccurate information. Exact penalties can vary, so it's crucial to ensure timely and accurate compliance.
Can a UAE entity be required to file a CbC Report if it's not the Ultimate Parent Entity?
Yes, in certain circumstances. If the Ultimate Parent Entity is not obligated to file a CbC Report in its jurisdiction, or if there is no effective exchange agreement between that jurisdiction and the UAE, a UAE entity might be required to file as a Surrogate Parent Entity or local filing entity.
How does CbCR relate to other international tax reporting requirements?
CbCR is part of a broader set of international tax transparency measures, including the OECD's Base Erosion and Profit Shifting (BEPS) Action Plan. It complements other reporting requirements like the Master File and Local File in transfer pricing documentation.
Is the information in CbC Reports confidential?
Yes, CbC Reports are intended to be confidential. They are exchanged between tax authorities under international agreements and are subject to strict confidentiality rules. However, businesses should be aware that the information could be used for high-level transfer pricing risk assessment.
How should MNE groups prepare for CbCR compliance?
MNE groups should establish robust data collection systems, ensure consistency in reporting across all entities, regularly review their CbCR obligations, and consider the potential tax risk implications of the information being reported. It's often beneficial to seek professional advice to ensure full compliance.

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