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UAE Corporate Tax

UAE Corporate Tax: Registration and Compliance Deadlines

The UAE’s corporate tax regime is now in effect, and businesses must ensure compliance to avoid penalties. Have you registered for Corporate Tax? If not, now is the time to act and avoid a penalty of AED 10,000.

 

Key Questions for Businesses:

  • Have you registered for Corporate Tax?
  • Are you ready to file your first corporate tax return?
  • Do you know how corporate tax will impact your business?

 

Corporate Tax Filing Timeline

Corporate tax returns must be filed within 9 months from the end of the tax period. Understanding the legal requirements and deadlines is crucial to avoid fines and ensure compliance.

 

Corporate Tax Registration Deadlines

As per Article 51 of Federal Decree-Law No. 47 of 2022, every taxable entity must register with the Federal Tax Authority (FTA) and obtain a Tax Registration Number (TRN) within the prescribed deadlines.

 

FTA Decision No. 3 of 2024: Registration Deadlines

The FTA has set deadlines based on the date of business license issuance.

Date of License issuance irrespective of year of issuance

Deadline for submitting a Tax Registration application

1 January – 31 January

31 May 2024

1 February – 28/29 February

31 May 2024

1 March – 31 March

30 June 2024

1 April – 30 April

30 June 2024

1 May – 31 May

31 July 2024

1 June – 30 June

31 August 2024

1 July – 31 July

30 September 2024

1 August – 31 August

31 October 2024

1 September – 30 September

31 October 2024

1 October – 31 October

30 November 2024

1 November – 30 November

30 November 2024

1December – 31 December

31 December 2024

Where a person does not have a Licence at the effective date of this Decision (3) three months from the effective date of this Decision( 1st March 2024)

 

Juridical person incorporated or otherwise established after 1st March 2024.

Category of juridical persons

Deadline for submitting a Tax Registration application

A person that is incorporated or otherwise established or recognized under the applicable legislation in the State, including a Free Zone Person

(3) three months from date of incorporation

A person that is incorporated or otherwise established or recognized under the applicable legislation of a foreign jurisdiction that is effectively managed and controlled in the State

(3) three months from end of financial year of the person

 

Timeline for the Tax Registration of Non-Resident Juridical Persons before 1st March 2024.

Category of juridical persons

Deadline for submitting a Tax Registration application

A person that has a Permanent Establishment in the State

(9) nine months from the date of existence of the Permanent Establishment

 

A person that has a nexus in the State

(3) three months from the effective date of this Decision

 

Timeline for the Tax Registration of Non-Resident Juridical Persons after 1st March 2024.

Category of juridical persons

Deadline for submitting a Tax Registration application

A person that has a Permanent Establishment in the State

(6) Six months from the date of existence of the Permanent Establishment

 

A person that has a nexus in the State

(3) three months from the effective date of this Decision

 

Timeline for Tax Registration of Natural Persons

Category of natural persons

Deadline for submitting a Tax Registration application

A Resident Person who is conducting a Business or Business Activity during the 2024 Gregorian calendar year or subsequent years whose total Turnover derived in a Gregorian calendar year exceeds the threshold specified in the relevant tax legislation

31 March of the subsequent Gregorian calendar year

A Non-Resident Person who is conducting a Business or Business Activity during the 2024 Gregorian calendar year or subsequent years whose total Turnover derived in a Gregorian calendar year exceeds the threshold specified in the relevant tax legislation

(3) three months from the effective date of this Decision

 

spectrum

How Spectrum Can Help You

Navigating corporate tax regulations can be complex, but Spectrum Auditing simplifies the process with a structured approach in three key steps:

Step 1: Corporate Tax Impact Assessment and Planning

  • Evaluating how corporate tax affects your business operations
  • Identifying tax-saving opportunities and compliance measures

Step 2: Corporate Tax Implementation Support

  • Assisting with corporate tax registration and procedural compliance
  • Ensuring your business structure aligns with tax regulations

Step 3: Year-End Compliance

  • Preparing and filing corporate tax returns
  • Ensuring accurate financial records and audit readiness

 

Partner with Spectrum Auditing today. Let’s focus on your success, while you focus on what you do best – running your business.

 

Contact our Team today for a consultation at +971 4 2699329  or email [email protected] to get all our queries addressed.



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Balaram Vuchidi

Managing Director
+971 50 9866 466
[email protected]
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