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Corporate Tax Registration in the UAE

Ensure Compliance and Avoid Penalties

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Who Needs to Register for Corporate Tax?

  • Legal Persons: All legal entities, regardless of turnover, must register.
  • Natural Persons: Sole establishments and other natural persons engaged in business activities with an annual turnover exceeding AED 1,000,000.
  • Qualifying Public Benefit Entities: Entities listed in Cabinet Decision No. 37 of 2023 must register with the FTA and obtain a Corporate Tax Registration Number.

Key Deadlines and Penalties

• First Deadline: 31 May 2024

• Late Submission Penalty: AED 10,000

• Deadline Based on License Issuance Date: Ensure timely registration based on your specific license issuance date to avoid penalties.

Corporate Tax Registration Deadlines for Legal Persons According to License Issuance Date

The Federal Tax Authority (FTA) has issued “Decision No. 3 of 2024”, effective from 1 March 2024. Below is the schedule detailing the deadlines for submission based on the date of license issuance for legal persons:

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

 

Registration Requirements

To register for corporate tax, the following documents and information are required:

  • 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.
  • Timely Service: We ensure your registration is completed promptly to avoid any penalties.
  • Personalized Support: Tailored solutions to meet your unique business needs.
  • Comprehensive Compliance: We keep you updated with the latest regulations and deadlines.

Let our FTA Registered Consultant Call you

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