UAE residents subject to corporate tax with licences issued in May (regardless of the year of issuance) must submit their corporate tax registration application by July 31 to avoid corresponding penalties, the Federal Tax Authority (FTA) reminded on Tuesday.
From March 1 this year, an administrative penalty of Dh10,000 for late registration of UAE corporate tax is imposed on businesses that do not submit their corporate tax registration applications within the deadline specified by FTA, according to the Ministry of Finance
The FTA on Tuesday emphasised “the importance of taxpayers adhering to the registration deadlines specified for each category”. These deadlines were previously announced through various official media platforms, including print, visual, and audio media, as well as the FTA’s official social media channels and by direct contact to registered company owners in the UAE.
FTA said taxpayers can use the “EmaraTax”, a digital tax services platform available 24/7. It also enables unregistered persons to create a new user profile and obtain a tax registration number easily and conveniently via their email and phone number.
Taxable persons can also get the services of accredited tax agents listed on the FTA’s website and at government service centres across the UAE.