Residents with Licences issued in June urged to register for Corporate Tax by August 31

The Federal Tax Authority (FTA) has urged resident legal persons with licences issued in June, regardless of the year of issuance, to submit their Corporate Tax registration applications by August 31.

The FTA emphasised the importance of taxpayers adhering to the registration deadlines specified for each category. The 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 said that compliance with these deadlines is essential to avoid 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.

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 March 1 2024, must submit their tax registration applications for Corporate Tax based on the month of their Licence issuance.

Juridical persons, who have an expired Licence on March 1 2024, must submit their tax registration application based on the month the Licence was originally issued.

If a juridical person holds more than one Licence on March 1 2024, the Licence with the earliest issuance date shall be used.

To facilitate the application, submission, and registration process for taxpayers, Taxable Persons must use the EmaraTax digital tax services platform.