Corporate Tax Timeline for Businesses as Per UAE Corporate Tax Law

The latest UAE corporate tax statute has been conferred the code, “Federal Decree Law no. 47/2022 on Businesses and Corporation Taxation”. Subsequent totheissuanceoftheUAECorporateTax Law, businesses ought to register, file, and pay corporation tax returns to avert any risk of incurring penalties for noncompliance. Thus, it is highly essential to avail the services of trusted  tax agents in UAE to stay compliant with the FederalTaxAuthority’s  regulationsandstandards.

How and When to Register for Corporate Tax in UAE?

In accordance with the Federal Decree Law no. 47/2022, all businesses that are subject to corporate tax in UAE must register themselves with the Federal Tax Authority and get a corporation tax registration ID or number from the respective authority. This applies to all businesses whether they are subject to 0 percent or 9 percent corporation tax. Corporations can avail of the services of reputable  corporate tax advisors in UAE to seamlessly carry out tax registration.

When to File and Pay Corporate Tax in UAE?

Corporate Timeline for the Business Financial Year January 1 – December 31

The first tax period will range from January 1 (2024) to December 31 (2024) after which the business will assess whether or not it will need to pay corporate tax after registering

The second tax period will range from January 1 (2025) to December 31 (2025) during which the taxpayer will need to file and pay corporate tax for

The deadline to file and pay corporation tax will be September 30 (2025). The tax can be paid any time

The total time period that is available for such a fiscal year becomes 33 months in this case. The taxable business should better get itself registered during this period.

Choose the Best UAE Tax Advisory Services!

It is highly essential to avail the services of trusted  tax agents in UAE to stay compliant with the Federal Tax Authority’s regulations and standards. Corporations can seek the services of reputable corporate tax advisors in UAE to seamlessly carry out tax registration and filing. So, call us at Corporate Tax UAE and we shall be happy to assist you!