Corporate Tax Registration Timeline: Key Dates and Procedures

profitrackaccounting.com

June 17, 2024

Blog,Corporate Tax,Taxation

The Federal Tax Authority (FTA) of the UAE has outlined the timeline for the registration of taxable persons for corporate tax purposes under Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses. The following is a concise guide on the deadlines and requirements set forth by the FTA, effective from March 1, 2024.

Overview of Key Regulations

The FTA has specified the registration deadlines for different categories of taxable persons, including resident and non-resident juridical persons, as well as natural persons conducting business activities. Non-compliance with these timelines will result in administrative penalties as per Cabinet Decision No. 75 of 2023.

Timeline for Resident Juridical Persons

For juridical persons that are resident in the UAE, the deadlines for submitting tax registration applications depend on the date of their license issuance:

Date of License Issuance	Deadline for Tax Registration Application
January 1 – January 31	May 31, 2024
February 1 – February 29	May 31, 2024
March 1 – March 31	June 30, 2024
April 1 – April 30	June 30, 2024
May 1 – May 31	July 31, 2024
June 1 – June 30	August 31, 2024
July 1 – July 31	September 30, 2024
August 1 – August 31	October 31, 2024
September 1 – September 30	October 31, 2024
October 1 – October 31	November 30, 2024
November 1 – November 30	November 30, 2024
December 1 – December 31	December 31, 2024

For those without a license at the effective date, the registration deadline is three months from the effective date of this decision. New juridical persons must register within three months of incorporation.

Timeline for Non-Resident Juridical Persons

Non-resident juridical persons must adhere to the following deadlines:

Category of Juridical Person	Deadline for Tax Registration Application
Permanent Establishment in the UAE	Nine months from the date of existence of the establishment
Nexus in the UAE	Three months from the effective date of the decision

New non-resident juridical persons must register within six months of establishing a permanent establishment or within three months of establishing a nexus in the UAE.

Timeline for Natural Persons

Natural persons conducting business or business activities must submit tax registration applications as follows:

Category of Natural Person	Deadline for Tax Registration Application
Resident Person	March 31 of the subsequent Gregorian calendar year if turnover exceeds the specified threshold
Non-Resident Person	Three months from meeting the tax threshold requirements

Penalties for Late Registration

Failure to adhere to these registration timelines will result in administrative penalties as outlined in Cabinet Decision No. 75 of 2023.

Implementation

This decision is published in the Official Gazette and is effective as of March 1, 2024.

Profitrack Assistance

Navigating the complexities of corporate tax registration can be challenging. Profitrack offers comprehensive assistance to ensure your business meets all the registration requirements timely and accurately. Our services include:

Consultation and Guidance: Detailed guidance on understanding and meeting the registration requirements specific to your business category.
Documentation Support: Assistance in preparing and submitting all necessary documents required for tax registration.
Deadline Management: Monitoring and reminding you of critical deadlines to ensure timely compliance and avoid penalties.
Compliance Assistance: Helping you comply with ongoing tax obligations and providing support for any queries or issues that may arise.

Profitrack is committed to making your corporate tax registration process seamless and hassle-free. Contact us today to ensure your business is fully compliant with the UAE’s corporate tax regulations.

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Corporate Tax,Registration,Tax Experts

Corporate Tax Registration Timeline: Key Dates and Procedures

Overview of Key Regulations

Timeline for Resident Juridical Persons

For juridical persons that are resident in the UAE, the deadlines for submitting tax registration applications depend on the date of their license issuance:

Date of License Issuance

Deadline for Tax Registration Application

January 1 – January 31

May 31, 2024

February 1 – February 29

May 31, 2024

March 1 – March 31

June 30, 2024

April 1 – April 30

June 30, 2024

May 1 – May 31

July 31, 2024

June 1 – June 30

August 31, 2024

July 1 – July 31

September 30, 2024

August 1 – August 31

October 31, 2024

September 1 – September 30

October 31, 2024

October 1 – October 31

November 30, 2024

November 1 – November 30

November 30, 2024

December 1 – December 31

December 31, 2024

For those without a license at the effective date, the registration deadline is three months from the effective date of this decision. New juridical persons must register within three months of incorporation.

Non-resident juridical persons must adhere to the following deadlines:

Category of Juridical Person

Deadline for Tax Registration Application

Permanent Establishment in the UAE

Nine months from the date of existence of the establishment

Nexus in the UAE

Three months from the effective date of the decision

New non-resident juridical persons must register within six months of establishing a permanent establishment or within three months of establishing a nexus in the UAE.

Timeline for Natural Persons

Natural persons conducting business or business activities must submit tax registration applications as follows:

Category of Natural Person

Deadline for Tax Registration Application

Resident Person

March 31 of the subsequent Gregorian calendar year if turnover exceeds the specified threshold

Non-Resident Person

Three months from meeting the tax threshold requirements

Penalties for Late Registration

Failure to adhere to these registration timelines will result in administrative penalties as outlined in Cabinet Decision No. 75 of 2023.

Implementation

This decision is published in the Official Gazette and is effective as of March 1, 2024.

Profitrack Assistance

Navigating the complexities of corporate tax registration can be challenging. Profitrack offers comprehensive assistance to ensure your business meets all the registration requirements timely and accurately. Our services include:

Consultation and Guidance: Detailed guidance on understanding and meeting the registration requirements specific to your business category.

Documentation Support: Assistance in preparing and submitting all necessary documents required for tax registration.

Deadline Management: Monitoring and reminding you of critical deadlines to ensure timely compliance and avoid penalties.

Compliance Assistance: Helping you comply with ongoing tax obligations and providing support for any queries or issues that may arise.

Profitrack is committed to making your corporate tax registration process seamless and hassle-free. Contact us today to ensure your business is fully compliant with the UAE’s corporate tax regulations.

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