Thre Federal Tax Authority (FTA) has called on Resident Juridical Persons with licences issued in July, regardless of the year, to submit their Corporate Tax registration applications by September 30, 2024 to avoid penalties.
According to FTA Decision No. 3 of 2024, all taxable persons must adhere to specific registration timelines under Federal Decree-Law No. 47 of 2022 on Corporate Tax. Administrative penalties will apply to those who miss the deadlines outlined in Cabinet Decision No. 75 of 2023.
The FTA clarified that the registration deadlines are based on the month of licence issuance. Entities holding multiple licences must register based on the earliest issued licence. Expired licences as of March 1, 2024 are still subject to the original issuance month for registration purposes.
Corporate Tax registration is available through the EmaraTax digital platform, with the process streamlined into four steps, taking approximately 30 minutes. Existing VAT or Excise Tax registrants can directly access their accounts for Corporate Tax registration.
Taxable persons can register via EmaraTax, through authorised tax agents, or at government service centres. Upon verification, a Tax Registration Number will be issued directly to the applicant’s email.
The FTA urged all taxable persons to review the Corporate Tax Law and related guidelines available on the FTA website.
