Arabic
Russian
Navigating corporate tax in UAE 2024 can be complex, but it’s crucial for business compliance and avoiding penalties. This guide will cover everything you need to know about the corporate tax registration requirements, who need to register and deadlines for 2024.
Who Needs to Register for Corporate Tax in UAE?
Legal Persons
All legal entities, regardless of turnover, are required to register for corporate tax in UAE 2024.
Natural Persons
If you are a sole proprietor or a natural person engaged in business activities with an annual turnover exceeding AED 1,000,000, you must register.
Qualifying Public Benefit Entities
Entities listed in Cabinet Decision No. 37 of 2023 must register with the Federal Tax Authority (FTA) and obtain a Corporate Tax Registration Number.
Key Deadlines and Penalties for corporate Tax in UAE 2024
First Deadline
- 31 May 2024
Late Submission Penalty
- AED 10,000
Deadline Based on License Issuance Date for corporate Tax in UAE
Ensure timely registration based on your specific license issuance date to avoid penalties. Here are the key deadlines for corporate tax registration in UAE 2024:
Date of License Issuance(irrespective of year of issuance) |
Deadline for Submission |
| 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 |
| 1 December – 31 December | 31 December 2024 |
The FTA has issued “Decision No. 3 of 2024”, effective from 1 March 2024, detailing these deadlines.
Registration Requirements for corporate tax in UAE 2024
To register with corporate tax in UAE 2024, ensure you have:
- EmaraTax Profile
- Valid Trade License
- Memorandum of Association/Share Certificate/Power of Attorney, etc.
- Passports/Emirates ID copies of owners, managers, and authorized signatories
- Financial Year Period
Why Choose Parker Russell UAE?
Expert Guidance
Our team of experienced accountants specializes in UAE corporate tax registration, ensuring you receive expert guidance throughout the process.
Timely Service
We prioritize timely service to complete your registration promptly, helping you avoid any penalties.
Personalized Support
We offer tailored solutions to meet your unique business needs, ensuring personalized support.
Comprehensive Compliance
Stay updated with the latest regulations and deadlines through our comprehensive compliance services.