FTA Announces August 2024 Deadline For Corporate Tax Registration In UAE

The Federal Tax Authority (FTA) has called on Resident Juridical Persons with Licences issued in June, regardless of the year, to submit their Corporate Tax registration applications by 31st August 2024. This aligns with the timelines specified in Federal Tax Authority Decision No. 3 of 2024 on the Timeline specified for Registration of Taxable Persons for Corporate Tax for the purposes of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses and its amendments, which came into effect on 1st March 2024.

According to the FTA’s Public Clarification regarding the Registration Timelines for Taxable Persons for Corporate Tax, any Resident Juridical Person, incorporated or otherwise established or recognised before 1st March 2024, must submit their tax registration applications for Corporate Tax based on the month of their Licence issuance.

The FTA stressed that taxpayers must adhere to registration deadlines specified for each category. These deadlines were previously announced through various official media platforms, including print, visual, and audio media, as well as the FTA’s official social media channels and by direct outreach through the official database of registered company owners in the UAE. The FTA notes that compliance with these deadlines is essential to avoid relevant Administrative Penalties.

The FTA also specified that the deadlines for submitting registration applications for those subject to Corporate Tax cover both juridical and natural persons, including Resident Persons and Non-Resident Persons. The FTA noted that all categories of Persons can view these specific deadlines, decisions, public clarifications, and other pertinent issuances on the FTA’s official website: https://tax.gov.ae/en/media.centre/news.

To facilitate the application process for taxpayers, Taxable Persons must use the "EmaraTax" digital tax services platform. This platform is available 24/7 and enables unregistered persons to create a new user profile and obtain a tax registration number easily via their email and phone number. Additionally, direct service provision is available through accredited tax agents listed on the FTA’s website and at government service centres across the UAE.

The FTA has also emphasised the importance of providing accurate information and submitting updated supporting documents correctly with the electronic registration application. Registering for Corporate Tax requires uploading various documents such as commercial licence, Emirates ID card, passport of authorised signatory, and proof of authorisation for authorised signatory.

Specific Requirements

Juridical persons who have an expired Licence on 1st March 2024 must submit their tax registration application based on the month their Licence was originally issued. If a juridical person holds more than one Licence on 1st March 2024, they should use the Licence with the earliest issuance date.

The FTA indicated that its website features a video explaining the registration process through "EmaraTax". This platform was designed according to international best practices to facilitate registration journeys, submission of periodic returns, and payment of due taxes in easy ways for all categories of taxpayers.

This comprehensive approach ensures that all taxable entities comply with regulations efficiently while avoiding penalties associated with late registrations or incorrect submissions.

With inputs from WAM