Avoid AED 10,000 Fine: Get to Know the Latest Update for UAE Corporate Tax Registration
The Federal Tax Authority (FTA) has announced new deadlines for businesses and individuals to register for Corporate Tax in the UAE. These deadlines, outlined in a recent FTA Decision, apply to companies and individuals subject to the Corporate Tax implemented in June 2023.
Key Points:
This user-friendly tool takes the guesswork out of budgeting. By answering a series of questions, you’ll gain valuable insights into:
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.
- Juridical person that has 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, by the following table:
Avoiding Penalties:
Failure to register within the specified timeframe may result in administrative penalties.
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