FTA Calls On Corporate Taxpayers To Finalise Tax Records And Submit Returns Promptly

The Federal Tax Authority (FTA) has urged Corporate Tax taxpayers to complete their tax records, file their Tax Returns, and pay the due Corporate Tax for the relevant periods within the specified deadlines. This ensures compliance with tax legislation and helps avoid penalties.

Filing Tax Returns and paying taxes owed are essential legal obligations. The FTA stressed that these must be completed within nine months from the end of each tax period. This applies to both Corporate Tax taxpayers and Exempt Persons required to register.

Timely preparation of necessary documents is crucial for filing Corporate Tax returns. Registrants should gather commercial licences, financial records, and business activity details early. This ensures all required information is available and submitted on time, helping taxpayers meet their obligations efficiently.

The FTA is dedicated to enhancing its services by aligning with international best practices. It aims to provide comprehensive support to businesses, facilitating compliance with the Corporate Tax Law and its procedures with ease, accuracy, and efficiency.

The EmaraTax platform offers features for registration, submitting Tax Returns, and paying Corporate Tax dues. Accessible 24/7, this digital service is designed for clarity, ease, and speed. The FTA encourages registrants to ensure their tax returns are complete and accurate when using this platform.

Taxpayers can file their Corporate Tax Returns directly through EmaraTax or seek help from authorised Tax Agents listed on the FTA’s website. This flexibility supports accurate filing and timely payment of taxes due.

Accessing Comprehensive Information

To stay informed about the Corporate Tax Law, implementing decisions, and related guidelines, stakeholders can access detailed information on the FTA’s official website: https://tax.gov.ae/. This resource ensures all parties are well-informed about their tax responsibilities.

The FTA remains committed to improving its services continuously. By providing clear guidance and efficient digital solutions, it supports businesses in fulfilling their tax obligations accurately and promptly.

With inputs from WAM