Corporate Tax Registration Deadline in UAE, Complete Guide & Services
The corporate tax registration deadline in the UAE is an important compliance factor to any businesses that are conducted within the country. As the Federal Decree-Law No. 47 of 2022 has incorporated corporate tax applicable since June 1, 2023, the UAE established firm deadlines that businesses should register with the Federal Tax Authority (FTA). Failure to meet these deadlines may attract a high penalty even when your business does not have any taxable returns or is tax-exempt.
Albab Tax, as a business, is good at assisting businesses and those individuals who wish to register their business to experience their corporate tax registration without a penalty.
Why Corporate Tax Registration Deadlines are Important
Corporate tax registration has been compulsory by the FTA in:
- Mainland companies.
- Free zone companies (both 0% and non 0% tax companies).
- Lawful establishments that may take the shape of a permanent establishment or develop a nexus in the UAE by a foreign entity.
- Natural persons (freelancers or sole proprietors) whose annual UAE business related income goes beyond AED 1 million.
In the event of the failure of registration within the time reflected, a set fine of AED 10,000 is created. This fine follows regardless of whether you make no taxable income or you are under an exemption.
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UAE Corporate Tax Registration Deadlines
The deadlines are different according to the nature of the entity and the date of its incorporation for those who are subject to the FTA Decision No. 3 of 2024:
Firms that had been around prior to 1 March 2024
Registration depends on the month your trade licence came up and that determines the date of registration. For example:
- Licence expiry months (January or February): deadline – 31 May 2024.
- March or April: Closing date 30 June 2024.
- Later deadlines are corresponding to other months.
Firms Incorporated on or after 1 March 2024
The registration of these businesses has to be done within 3 months of its incorporation.
Non-Resident Companies
- Permanent establishment in the UAE: Register with 6 months of the establishment.
- UAE NeXus: Register within 3 months of creation of nexus.
Natural Persons
Freelancers, sole proprietors and other people who receive over AED 1 million a year during UAE business activities have to be registered until 31 March of the second successive year.
How to be Ready When the Time to Pay the Corporate Tax Registration Falls
Such registration is done online with the EmaraTax online portal. The major steps are:
- Sign up or sign in an FTA account on EmaraTax.
- Choose one of the offered services, which is Corporate Tax Registration.
- Offer entity or individual information, such as business activities, trade licence and ownership (structure).
- Provide contact and authorised signatory details.
- Read and send in the application.
- Get the Tax Registration Number (TRN) of the FTA.
Albab Tax Services to Filing Deadlines
Albab Tax provides comprehensive services in order to make sure that the businesses will meet the deadline of their corporate tax registration in UAE because this takes place without stress:
- Deadline Assessment – Establishing your precise deadline of registration according to a FTA.
- Documentation Support – making all the necessary preparations and reviews of the information before it happens.
- Full Registration Handling – Handling all of it on the EmaraTax platform.
- Penalty Avoidance – the submission should be made way ahead of the deadline to develop the AED 10,000 penalty.
- Post-Registration Support – Helping a business with tax and compliance as well as advisory after TRN issuance.
Why Should I Use Albab Tax to Register Corporate Taxes?
- Professional experience of taxation in the UAE corporate laws and FTA guidelines.
- Proven Track Record of on time registrations of various clients.
- Tailor-Made Services of the mainland companies, free zone entities, non-residents and individuals.
- End-to-End Support registration to tax returns filing.
Act Now to Avoid Penalties
Corporate tax registration in UAE cannot be ignored by businesses since there are clear deadlines, failure to which there are heavy penalties to be imposed. Albab Tax makes you comply with all requirements in time so as to avoid being caught out, being focused on your businesses growth.
