The
UAE Federal Tax Authority (FTA) has now stipulated the deadline for
taxable persons and certain exempt persons to register for corporate tax, in a
recent decision issued by the FTA (i.e., Decision No. 3 of 2024) (FTA
Decision). The FTA Decision comes into effect from 1 March 2024.
The
deadlines for corporate tax registration depend on the residence, category of
persons and date of incorporation or commencement of business of the person.
Resident
Juridical Persons
Date of licence issuance: 1 January - 28/29 February
Deadline: 31 May 2024
Date of licence issuance: 1 March – 30 April
Deadline: 30 June 2024
Date of licence issuance: 1 May – 31 May
Deadline: 31 July 2024
Date of licence issuance: 1 June – 30 June
Deadline: 31 August 2024
Date of licence issuance: 1 July – 31 July
Deadline: 30 September 2024
Date of licence issuance: 1 August – 30 September
Deadline: 31 October 2024
Date of licence issuance: 1 October – 30 November 2024
Deadline: 30 November 2024
Date of licence issuance: 1 December – 31 December
Deadline: 31 December 2024
Date of licence issuance: Where a person does not have a license
at 1 March 2024
Deadline: (3) three months from 1 March 2024
| UAE resident entities incorporated / established on or after 1 March 2024 |
Person that is incorporated, established or recognized under UAE laws, including free zone person:
Non-Resident
Judicial Persons
Non-resident
juridical persons with a permanent establishment (PE) in the UAE or a
nexus in the UAE fall within the scope of taxable persons for UAE Corporate Tax
Law purposes and are required to register for corporate tax in the UAE. The
deadlines for the submission of application by non-resident juridical persons
to register for corporate tax are as follows:
|
Category of juridical persons |
Prior to 1 March 2024 |
On or after 1 March 2024 |
|
A person that has a Permanent Establishment (PE) in the UAE |
9 months from the date of existence of the PE |
6 months from the date of existence of the PE |
|
A person that has a nexus in the UAE |
3 months from the effective date of the FTA Decision (i.e., 31 May
2024) |
3 months from the date of establishment of the nexus |
Natural
Person
A
natural person conducting a business or business activity in the UAE is
required to submit its corporate tax registration application in accordance
with the following timelines:
|
Category of natural persons |
Deadline for submitting a Tax
Registration application |
|
A resident person 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 prescribed threshold |
31 March of the subsequent Gregorian
calendar year |
|
A non-resident person 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 prescribed threshold |
3 months from the date of meeting the
requirements of being subject to tax |
Consequences
of Non-compliance
If
a person fails to submit the application to register for corporate tax within
the prescribed timelines above, the person would be subject to an
administrative penalty of AED 10,000 under Cabinet Decision No.75 of 2023.
