Corporate Tax Registration Timeline: The Ministry of Finance has announced that companies neglecting to register for UAE Corporate Tax within the specified timelines established by the Federal Tax Authority will incur an administrative penalty of Dh10,000. This penalty applies to businesses that fail to meet the deadline for submitting their Corporate Tax registration applications, according to a statement issued by the Ministry.
Any legal entity classified as a Resident Person, regardless of its incorporation or establishment date before the effective date of this decision, must submit the Tax Registration application as per the provided table:
| Date of Licence issuance irrespective of year of issuance | Deadline for submitting a Tax Registration application |
| 1 January – 31 January | 31 May 2024 |
| 1 February – 28/29 February | 31 May 2024 |
| 1 March – 31 March | 30 June 2024 |
| 1 April – 30 April | 30 June 2024 |
| 1 May – 31 May | 31 July 2024 |
| 1 June – 30 June | 31 August 2024 |
| 1 July – 31 July | 30 September 2024 |
| 1 August – 31 August | 31 October 2024 |
| 1 September – 30 September | 31 October 2024 |
| 1 October – 31 October | 30 November 2024 |
| 1 November – 30 November | 30 November 2024 |
| 1 December – 31 December | 31 December 2024 |
| Where a person does not have a Licence at the effective date of this Decision | (3) three months from the effective date of this Decision |
If a legal entity holds multiple licenses, the one issued earliest will be considered for the purposes mentioned in Clause 1 of this Article.
Any legal entity classified as a Resident Person, established or recognized on or after the effective date of this Decision, must submit a Tax Registration application as per the table below:
| Category of juridical persons | Deadline for submitting a Tax Registration application |
| A person that is incorporated or otherwise established or recognised under the applicable legislation in the State, including a Free Zone Person | (3) three months from the date of incorporation, establishment or recognition |
| A person that is incorporated or otherwise established or recognized under the applicable legislation of a | (3) three months from the end of the Financial Year of the person |
| foreign jurisdiction that is effectively managed and controlled in the State |
Corporate Tax Registration Timeline: Non-Resident Juridical Persons
Any legal entity classified as a Non-Resident Person before the effective date of this Decision must submit a Tax Registration application as outlined in the following table:
| Category of juridical persons | Deadline for submitting a Tax Registration application |
| A person who has a nexus in the State | (9) nine months from the date of existence of the Permanent Establishment |
| A person that has a nexus in the State | (3) three months from the effective date of this Decision |
Any legal entity categorized as a Non-Resident Person on or after the effective date of this Decision must submit a Tax Registration application as per the following table:
| Category of juridical persons | Deadline for submitting a Tax Registration application |
| A person that has a Permanent Establishment in the State | (6) six months from the date of existence of the Permanent Establishment |
| A person that has a nexus in the State | (3) three months from the date of establishment of the nexus |
Timeline for Tax Registration of Natural Persons
Any individual engaged in Business or Business Activities within the State must submit a Tax Registration application as per the following table:
| Category of natural persons | Deadline for submitting a Tax Registration application |
| A Resident Person who is conducting a Business or Business Activity during the 2024 Gregorian calendar year or subsequent years whose total Turnover derived in a Gregorian calendar year exceeds the threshold specified in the relevant tax legislation | 31 March of the subsequent Gregorian calendar year |
| A Non-Resident Person who is conducting a Business or Business Activity during the 2024 Gregorian calendar year or subsequent years whose total Turnover derived in a Gregorian calendar year exceeds the threshold specified in the relevant tax legislation | (3) three months from the date of meeting the requirements of being subject to tax |
Recent Comments