The Federal Tax Authority (FTA) has issued a reminder to UAE residents that corporate tax registration applications are due by June 30 for all entities with licenses issued in March and April, regardless of the year they were issued. This is to ensure timely compliance and avoid penalties.
For juridical persons—entities with a distinct legal personality from their founders, owners, and directors—who did not have a license by March 1, today (May 31) is the deadline for corporate tax registration.
According to a Khaleej Times report, corporate tax applies to juridical persons incorporated in the UAE and to foreign entities effectively managed and controlled within the country. This includes free zone businesses and entities established abroad but managed from within the UAE.
According to the Ministry of Finance, individuals conducting business in the UAE will be subject to corporate tax only if their combined annual turnover exceeds Dh1 million.
Companies that fail to meet the registration deadline will face a Dh10,000 fine, as stipulated in a Cabinet decision issued in February this year.
Khalid Ali Al Bustani, FTA director-general, emphasized the importance of meeting these deadlines. “Business sectors have been informed of the specified deadlines for different taxpayer categories as part of continuous efforts to strengthen strategic partnerships with taxable persons and provide them with the means to facilitate smooth and accurate tax compliance,” he said.
Al Bustani also noted the FTA’s ongoing educational campaign aimed at business stakeholders about corporate tax compliance. “This is done through in-person and virtual awareness workshops, as well as engagements across economic councils and business assemblies in commercial and industrial areas. The aim is to disseminate tax awareness broadly and interact with all categories of taxpayers,” he added.
