Deadlines for UAE Corporate Tax registrations
Wednesday, 28 February 2024 / Published in Corporate Tax

Understanding the Deadlines for Corporate Tax Registrations in the UAE: Imposition of a Dh10,000 Fine

The Ministry of Finance specifies that a penalty of Dh10,000 is applicable for registrations submitted after the stipulated deadline. Comprehensive information on the subject is provided below.

Deadlines for UAE Corporate Tax registrations

Authorities in the UAE have established specific deadlines for businesses to submit their applications for Corporate Tax registration. Commencing March 1, 2024, the Federal Tax Authority (FTA) decision has outlined the timeframes within which each category of taxable entities or individuals must register to avoid breaching tax laws.

As per the Ministry of Finance, a Dh10,000 administrative penalty is enforced for registrations submitted after the designated deadline. Presented here is all the essential information you need to be aware of.

What are the updated timelines for registering Corporate Tax?

Entities that are juridical persons (organizations) established, incorporated, or officially recognized before March 1, 2024. According to our research, the registration deadlines are organized according to the initial month of incorporation for businesses, regardless of the year.

Looking for Corporate Tax Consultant In UAE ?

Contact us to schedule an initial free consultation and learn how we can help you get valuable insights into your company’s performance!

“This standardized application implies that the deadlines remain consistent for businesses established in the same months, irrespective of their year of incorporation.”

Month of licence issuanceDeadline
January or FebruaryMay 31
March or AprilJune 30
MayJuly 31
JuneAugust 31
JulySeptember 30
August or SeptemberOctober 31
October or NovemberNovember 30
DecemberDecember 31

Corporate Tax Registration Timeline in the UAE

As per the FTA decision, if a juridical person lacks a license by March 1, 2024, they are required to apply for registration within three months, i.e. by May 31, 2024. The FTA specifies that if an entity holds multiple licenses, the one issued earliest will be considered.

For resident juridical persons (organizations) established or recognized after March 1, 2024: New resident businesses incorporated after March 1 generally have a registration deadline of three months from their incorporation date.

Here are the deadlines as specified by the FTA:

Persons incorporated or recognized under UAE legislation, including free zone entities: Three months from the date of incorporation, establishment, or recognition.

Persons incorporated or recognized under the laws of another country or foreign jurisdiction: Three months from the end of the financial year of the person.

Non-resident juridical person before March 1:

– Persons with a permanent establishment in the UAE: Nine months from the date of existence.
– Persons with a nexus in the UAE: May 31.

Non-resident juridical person after March 1:

– Persons with a permanent establishment in the state: Six months from the date of existence.
– Persons with a nexus in the state: May 31.

Natural persons (individuals operating in their personal capacity):

– For resident natural persons with a turnover exceeding Dh1 million: Deadline is March 31 of the subsequent year.
– Non-resident natural persons must register within three months of meeting the requirements of being subject to tax.

The deadline for resident natural persons with a turnover surpassing Dh1 million is March 31 of the following year. On the other hand, non-resident natural persons are required to register within three months from the point at which they meet the criteria for being subject to tax.

When and how does the fine apply?

Administrative penalties will be applied to taxable persons failing to submit their Corporate Tax registration applications within the specified timeframes outlined in the FTA’s Decision for each segment.

Businesses give careful consideration to this update. Being prepared to meet the relevant deadlines is crucial to avoid incurring late registration penalties amounting to Dh10,000.

The information provided herein is for the general information of the user and is provided in good faith. We make no representation or provide warranty of any kind, express or implied, regarding the adequacy, suitability, validity, or completeness of the information. Our advice in regard to UAE corporate tax and value added tax is based on our understanding of the relevant laws and the regulations issued. We cannot be held responsible for new regulations and/or interpretation of existing regulations by the FTA that is not consistent with our advice. Under no circumstance shall we have any liability to any user of this information or to third parties for any loss or damage of any kind incurred as a result of the use or reliance of this information.

corporate tax registration last date
Friday, 05 January 2024 / Published in Tax

Deadline Alert: Corporate Tax Registration Last Date – [Explained]

For a company initiating its initial tax period on January 1, 2024, and concluding on December 31, 2024, the submission and settlement are required within the timeframe spanning from January 1 to September 30, 2025.

corporate tax registration last date

If you are an entrepreneur, don’t you want to increase the success of your company?  Well, we have something interesting for you!  If you own a company in the UAE, remember that the corporate tax registration deadline is fast approaching, and this is an opportunity that no one will want to miss.

 In this article, we will give you information about the corporate tax registration last date and also discuss how registering your business for corporate tax can help your company grow and profit.  There may be a significant increase. So, get ready and get ready to know the benefits of corporate tax registration which is very important for business success in UAE.  Take advantage of this wonderful opportunity.

Upcoming UAE Corporate Tax Registration Deadline / Last Date: How to & When to Register ?

In the United Arab Emirates, corporations must apply for a corporate tax registration number or ID with the Federal Tax Authority. All firms, regardless of whether they pay 0% or 9% corporation tax, must register for the UAE corporate tax. You can select from a list of corporate tax consultants in the United Arab Emirates who assist you with all forms of tax registration, based on your company’s needs.

Looking for Corporate Tax Consultant In UAE ?

Contact us to schedule an initial free consultation and learn how we can help you get valuable insights into your company’s performance!

The return and payment must be filed between January 1 and September 30, 2025, for a firm whose first tax period starts on January 1, 2024, and ends on December 31, 2024.

Corporate Tax Registration Timeline in the UAE

Information about Corporate Tax Registration last date on FTA website is that, Taxable individuals can register on the FTA website up until the date of their initial tax filing. For instance, a taxable individual has 26 months to register, or until February 28th, 2025, if their year ends on May 31st.

Similarly, there is a 33-month registration time available until September 30, 2025, for those taxable persons whose financial year ends on December 31st. A user manual with recommendations and instructions for use the EmaraTax portal has been released by the FTA.

UAE Corporate Tax Deadlines

Under the new corporate tax structure in the United Arab Emirates, taxpayers have up to 21 months from the beginning of their Financial year to get ready to file and pay their taxes.

For instance, Businesses who have a financial year that begins on June 1, 2023, and ends on May 31, 2024, have until February 28, 2025, to file their corporation tax returns and pay their bills.

The return and payment must be filed between January 1 and September 30, 2025, for a firm whose first tax period starts on January 1, 2024, and ends on December 31, 2024.

How Beaufort Associates Can Help for UAE Corporate Tax Registration !!

Your company can benefit from UAE Corporate Tax Registration in several ways.

First and foremost, filing before the last date of Corporate Tax Registration that your company complies with all applicable tax laws and regulations in the United Arab Emirates. This enhances your reputation for sound corporate governance by assisting you in avoiding fines and legal problems.

Our highly specialized Corporate Tax Consultants in the UAE, meticulously crafted to navigate the complex realm of corporate taxation with precision and expertise.

From thorough tax planning to detailed compliance, we provide an all-encompassing array of services customized to suit the unique requirements of your business.

Secondly, corporations must register for corporate tax to be eligible for some government contracts in the UAE. Your business opportunities are increased by completing the registration, which opens doors to possible lucrative government contracts.

Thirdly, having a corporate tax registration increases the legitimacy of your company. It exhibits your dedication to responsibility, openness, and compliance, all of which can improve your standing with partners, investors, and clients.

The information provided herein is for the general information of the user and is provided in good faith. We make no representation or provide warranty of any kind, express or implied, regarding the adequacy, suitability, validity, or completeness of the information. Our advice in regard to UAE corporate tax and value added tax is based on our understanding of the relevant laws and the regulations issued. We cannot be held responsible for new regulations and/or interpretation of existing regulations by the FTA that is not consistent with our advice. Under no circumstance shall we have any liability to any user of this information or to third parties for any loss or damage of any kind incurred as a result of the use or reliance of this information.