The Federal Tax Authority (FTA) has reminded all Resident Juridical Persons with licences issued in December, regardless of the year of issuance, to complete their Corporate Tax registration by December 31, 2024, to avoid Administrative Penalties.
In a statement released today, the FTA emphasized the importance of adhering to the deadlines outlined in FTA Decision No. 3 of 2024. This decision specifies the timelines for Taxable Persons to submit their Corporate Tax registration applications in accordance with Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses, effective from March 1, 2024.
Cabinet Decision No. 75 of 2023 imposes Administrative Penalties on Taxable Persons who fail to register within the specified timelines. The registration requirements apply to both Resident and Non-Resident Juridical and Natural Persons.
For Resident Juridical Persons established or incorporated before March 1, 2024, the registration deadline is determined by the month of licence issuance, regardless of the year. Taxable Persons with multiple licences must register based on the earliest licence issuance date, even if one of the licences had expired as of March 1, 2024.
To facilitate compliance, the FTA has streamlined the Corporate Tax registration process via the EmaraTax digital platform, accessible 24/7. The process involves four main steps and takes approximately 30 minutes to complete. Existing VAT or Excise Tax registrants can use their existing accounts to complete the Corporate Tax registration.
New users can create an account using an email address and mobile number before selecting the “Register for Corporate Tax” option. Taxable Persons can also register through authorised Tax Agents listed on the FTA website or at government service centres across the UAE, which offer electronic services under qualified supervision.
Once the application is processed and verified, the FTA issues a Tax Registration Number for Corporate Tax, which is sent to the applicant’s registered email address.
The FTA has urged all Taxable Persons subject to Corporate Tax to review the Corporate Tax Law, implementing decisions, and guidelines available on the FTA website. These resources provide detailed instructions and support to ensure compliance with the law.
