For corporate taxation in UAE, entities identified as Taxable Persons are obligated to complete corporate tax registration. This tax is imposed on a corporation’s net income or generated revenue. The regulatory framework governing corporate tax in the UAE is outlined in Federal Decree-Law No. 47 of 2022, specifying the scope, conditions, and standards for corporate tax. According to this legislation, businesses become subject to UAE Corporate Tax from the commencement of their initial financial year starting on or after June 1, 2023. Prominent Corporate Tax Consultants in UAE play a pivotal role in assisting Taxable Persons to accurately determine their tax periods, adhere to registration deadlines, and ensure compliance with the Corporate Tax Law.
For businesses operating in the UAE during the financial year from June 1, 2023, to May 31, 2024, the following timeline must be observed:
During this period, it is recommended that businesses proactively engage the expertise of leading Tax Consultants in the UAE well in advance. These consultants offer professional guidance to ensure all necessary documents are in order, promoting compliance with statutory regulations. This proactive approach aids in streamlining the filing process, mitigating the risk of missing deadlines and incurring fines.
For the subsequent fiscal year, spanning January 1, 2024, to December 31, 2024, businesses should follow this timeline:
During this phase, businesses can leverage their initial filing experience to establish robust accounting practices, maintaining accurate records throughout the year. This diligence significantly contributes to streamlining the tax filing process.
For the third fiscal year under the new tax regime, spanning April 1, 2024, to March 31, 2025, the following timeline is applicable:
By this point, businesses should have a solid understanding of the tax filing process. However, staying informed about updates or changes in tax regulations is crucial to ensuring continued compliance with UAE tax laws.
| Deadline for License Issuance regardless of year of issuance | Deadline for Corporate Tax Registration |
| 1 January to 31 January | 31 May 2024 |
| 1 February to 28/29 February | 31 May 2024 |
| 1 March to 31 March | 30 June 2024 |
| 1 April to 30 April | 30 June 2024 |
| 1 May to 31 May | 31 July 2024 |
| 1 June to 30 June | 31 August 2024 |
| 1 July to 31 July | 30 September 2024 |
| 1 August to 31 August | 31 October 2024 |
| 1 September to 30 September | 31 October 2024 |
| 1 October to 31 October | 30 November 2024 |
| 1 November to 31 November | 30 November 2024 |
| 1 December to 31 December | 31 December 2024 |
Adhering to the prescribed timelines for corporate tax filing in the UAE is an essential regulatory requirement, integral to maintaining a stable business environment. Failure to meet these deadlines can result in severe consequences:
To effectively determine tax periods and ensure compliance with the Corporate Tax Law, engaging the services of Top Tax Consultants in UAE is advisable. These consultants are dedicated to providing professional corporate tax advisory services. Contact us today, and we will be pleased to assist you.
Read More: A Guide to Corporate Tax Deregistration Under The UAE Corporate Tax Regime
All Taxable Persons must register for UAE Corporate Tax and obtain a Corporate Tax Registration Number. Non-resident persons earning State Sourced Income without a Permanent Establishment in the UAE are exempt.
All Taxable Persons must register before filing their first Corporate Tax Return. The Federal Tax Authority may register a Taxable Person, who is not otherwise registered, at their discretion.
There is no registration threshold for UAE Corporate Tax. All Taxable Persons, regardless of their tax liability, must register.
Taxable Persons can electronically register through the EmaraTax Portal.
Yes, Taxable Persons must register for UAE Corporate Tax, even if already registered for VAT.
Yes, all Taxable Persons, including those with no Corporate Tax liability, must register. Certain entities can apply for exemption after registration.
A business can apply to deregister if it ceases to conduct its business or ceases to exist, provided all Tax Returns and liabilities are settled.