Register for Corporate Tax
In the United Arab Emirates (UAE), it is mandatory for all eligible Taxable Entities, including individuals conducting business within Free zones, to register for Corporate Tax.
Corporate Tax Registration Deadlines in the
UAE have been announced!
Fines of 10,000 AED will be levied for late Registration
As of March 1, 2024, a new law has been introduced outlining clear timelines for Corporate Tax registration in the UAE. Whether you’re a resident or non-resident entity, or a natural person conducting business activities, it’s crucial to stay informed. Here’s what you need to know:
📅 Resident Juridical Persons: Deadlines vary based on license issuance:
Date of License issuance irrespective of the Year of Issuance | Deadline for submitting a Tax Registration Application |
---|---|
January 1st - January 31st | 31st May 2024 |
February 1st - February 28th/29th | 31st May 2024 |
March 1st - March 31st | 30th June 2024 |
April 1st - April 30th | 30th June 2024 |
May 1st - May 31st | 31st July 2024 |
June 1st - June 30th | 31st Aug 2024 |
July 1st - July 31st | 30th Sep 2024 |
Aug 1st - Aug 31st | 31st Oct 2024 |
Sep 1st - Sep 30th | 31st Oct 2024 |
Oct 1st - Oct 31st | 30th Nov 2024 |
Nov 1st - Nov 30th | 30th Nov 2024 |
Dec 1st - Dec 31st | 31st Dec 2024 |
Where a person does not have a license at the effective date of this Decision | (3) months from the effective date of this Decision |
Natural Persons
Penalty Alert:
Failure to register within deadlines results in a penalty of AED 10,000. Ensure compliance to avoid financial implications and adhere to tax regulations in the UAE.
Why is Corporate Tax Registration necessary in the UAE?
Why is Corporate Tax Registration necessary in the UAE?
Timeline For Registration
Exemptions From Corporate Tax Registration
Register For Corporate Tax Services
Whether your company is new to the UAE market or has been a long-standing participant, Registering for Corporate Tax is now mandatory. This requirement stands irrespective of previous VAT registrations with the FTA. Our services ensure your business aligns seamlessly with these new regulations.
Simplified Process for Branches
For companies operating across multiple Emirates, our streamlined approach ensures that your branches are correctly registered under the main license (head office). This efficiency eliminates the need for multiple registrations, ensuring a hassle-free compliance process.
Whether your company is new to the UAE market or has been a long-standing participant, Registering for Corporate Tax is now mandatory. This requirement stands irrespective of previous VAT registrations with the FTA. Our services ensure your business aligns seamlessly with these new regulations.
Eligibility for Tax Group Formation
Businesses in the UAE now have the opportunity to register as part of a Tax Group, offering potential administrative ease and financial benefits. To qualify, your business must meet specific criteria:
- The parent company should hold at least 95% of share capital and voting rights in its subsidiaries.
- Entitlement to a minimum of 95% of profits and net assets of subsidiaries.
- Adherence to uniform financial years and accounting standards across all group entities.