UAE Corporate Tax registration deadline released

UAE Corporate Tax registration deadline released

Federal tax authority has issued Decision No. 3 of 2024 specifying the timeline for Registration for the UAE Corporate tax.

The decision is effective from 1 March 2024.

Timeline for resident juridical persons

Note: If a juridical person has more than one license, the license with the earliest issuance date should be used.

Timeline for non-resident juridical persons

A non-resident person that has a Permanent Establishment in the UAE: Before 01 March 2024 – 9 months from the date of existence of the Permanent Establishment;

From 01 March 2024 – 6 months from the date of existence of the Permanent Establishment.

A non-resident person that has a nexus in the UAE – 3 months from the date of establishment of the nexus

Timeline for natural persons

A resident person conducting business activity in 2024 or later with total turnover of more than AED1m – 31 March of the following year;

A non-resident person conducting business activity in 2024 or later with total turnover of more than AED1m – 3 months from the date of reaching the threshold.

Penalty for late registration

Failure to submit a tax registration application on time will lead to a penalty of AED10,000