The reputable UAE Federal Tax Authority (FTA) has announced a crucial deadline for Resident Juridical Persons with June-issued licenses. These businesses must submit their Corporate Tax registration applications by August 31, 2024.
This deadline aligns with the authoritative FTA Decision No. 3 of 2024, which came into effect on March 1, 2024. This decision outlines the registration timeline for taxable persons under the comprehensive Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses. Adhering to these deadlines is essential to avoid any relevant Administrative Penalties.
FTA Issues Vital Reminder on Registration Deadlines
The registration requirements apply to both juridical and natural persons, including Resident Persons and Non-Resident Persons. The respected FTA has published specific deadlines, decisions, and public clarifications on its official website.
According to the FTA’s Informative Public Clarification, Resident Juridical Persons incorporated or established before March 1, 2024, must submit their tax registration applications based on their license issuance month. For entities with expired licenses on March 1, 2024, the original license issuance month determines the submission date.
Required documents for registration include the commercial license, Emirates ID card, passport of the authorized signatory, and proof of authorization.
If you need expert guidance to navigate these UAE corporate tax requirements, our expert team here at Corporate Business Services (CBS) can assist you. Book your free consultation now