FTA Reminds Businesses of Corporate Tax Registration Deadline

The Federal Tax Authority (FTA) is urging Resident Juridical Persons with licenses issued in March and April to register for Corporate Tax by 30 June 2024 to avoid administrative penalties. This reminder is part of the FTA's ongoing efforts to ensure compliance with FTA Decision No. 3 of 2024.

The deadline applies to all Juridical Persons with licenses issued in March and April, irrespective of the year of issuance. Failure to register by the specified date will result in an administrative penalty of AED 10,000.

The FTA emphasized the importance of adhering to the timelines specified in the decision, which took effect on 1 March 2024. The decision outlines the registration deadlines for various categories of taxable persons, including both Resident and Non-Resident Juridical and Natural Persons.

A recent Public Clarification issued by the FTA provides detailed guidance on the registration timelines and requirements. According to the clarification, Resident Juridical Persons established before 1 March 2024 must register based on their license issuance month. For those with multiple licenses, the deadline is determined by the earliest issuance date. New juridical persons established after 1 March 2024 have three months from their date of incorporation to register.

Corporate Tax registration can be completed via the "EmaraTax" digital tax services platform, accessible 24/7. The streamlined process involves four steps and takes approximately 30 minutes. Registrants can also seek assistance from authorized tax agents or government service centers across the UAE.

The FTA encourages all taxable persons to review the Corporate Tax Law, the Public Clarification on registration timelines, and other related guidelines available on the FTA's official website.

Keywords: Federal Tax Authority, Corporate Tax, Juridical Persons, UAE, Registration Deadline, Administrative Penalties, EmaraTax