What are the key registration deadlines for different types of entities under the recent UAE corporate tax update?

The Federal Tax Authority (FTA) of the United Arab Emirates has issued a new directive outlining specific registration timelines for entities liable for Corporate Tax. Starting from March 1, 2024, this measure aims to enforce compliance with Federal Decree-Law No. 47 of 2022, which governs corporate and business taxation along with subsequent amendments. The directive applies to both juridical and natural persons, encompassing both Residents and Non-Residents.

For juridical persons (resident) incorporated, established, or otherwise recognized before March 1, 2024:

Juridical persons (residents) incorporated on or after March 1, 2024: These entities are required to register within three months from their date of incorporation, establishment, or recognition.

Juridical persons (non-residents) with a permanent establishment before March 1, 2024: These entities must complete registration within nine months from the commencement of their Permanent Establishment.

Juridical persons (non-residents) on or after March 1, 2024: They must register within six months of establishing a Permanent Establishment or within three months of establishing a nexus in the UAE.

Natural persons (residents and non-residents): They are mandated to register by March 31 of the subsequent year when their turnover exceeds the threshold.

5 Key Points about UAE Corporate Tax How to Register for Corporate Tax in the UAE

It’s essential to adhere to these registration deadlines to avoid potential administrative penalties, as stipulated by Cabinet Decision No. 75 of 2023.

The FTA underscores the ease of Corporate Tax registration via its EmaraTax digital tax services platform, accessible 24/7. This platform ensures a streamlined registration process that typically takes around 30 minutes to complete.

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