What are the New Deadlines for Corporate Tax Registration in the UAE?

As of 8 March 2024 by AccountAbility Team

The Federal Tax Authority (FTA) has recently introduced new deadlines for businesses and individuals to register for Corporate Tax in the UAE. These deadlines, detailed in the latest FTA Decree-Law No.47 of 2022, are applicable to entities and individuals subject to Corporate Tax regulations.

Key Points:

1. Deadline Criteria:

Company type: Juridical person (company) or natural person (individual)
Residency status: Resident or non-resident
For companies incorporated before March 1, 2024: The deadline depends on the month your license was issued.

2. New Timeline for Corporate Tax Registration:

3. Eligibility:

Juridical person with more than one License – the license with the earliest issuance date shall be used.

A juridical person that is a Resident Person incorporated or otherwise established or recognized on or after the effective date of this Decision, shall submit a Tax Registration application, in accordance with the following table:

4. Avoiding Penalties:

Know the Rules: Understand the tax laws for your business in the UAE.
Register on Time: Sign up for corporate to avoid any delays.
Keep Good Records: Keep your financial records accurate and up-to-date.
File and Pay on Time: Submit your tax forms and pay what you owe when you’re supposed to.
Stay Updated: Keep an eye out for any changes to the tax laws.
Get Help if Needed: Consider hiring experts to help you comply with the rules.

How Can AccountAbility Help You?

At Accountability, we help businesses with the new UAE tax registration deadlines. We guide you on when to apply based on your company type and when your license was issued. We assist with paperwork, submit applications to the tax authority, and check for compliance. With us, you can avoid fines and get ongoing help with taxes. Please reach out to us at +971 50 623 5061 or info@accountability.ae. Let us make tax registration easier for you.

Contact us today for a FREE CONSULTATION and explore how our services can benefit your business.