The Federal Tax Authority (FTA) in the UAE issued Decision No. 3 of 2024, effective from March 1, 2024, detailing timelines for corporate tax registration. The decision outlines deadlines based on factors like license issuance dates and incorporation dates. It also refers to Cabinet Decision No. 10 of 2024, which imposes a penalty of AED 10,000 for late submission of corporate tax registration applications.
Taxable persons are now required to submit their corporate tax registration application to the FTA within the specific timeframe as mentioned below:
1.For resident juridical persons incorporated or otherwise established or recognised prior to 1 March 2024, timeline is determined based on the date of issuance of license:
| Date of issuance of license | Prescribed Deadline |
| 1 January to 28/29 February | 31 May 2024 |
| 1 March to 30 April | 30 June 2024 |
| 1 May – 31 May | 31 July 2024 |
| 1 June – 30 June | 31 August 2024 |
| 1 July – 31 July | 30 September 2024 |
| 1 August – 30 September | 31 October 2024 |
| 1 October – 30 November | 30 November 2024 |
| 1 December – 31 December | 31 December 2024 |
| Person not having a license as on 1 March 2024 | 31 May 2024 |
Please note that for resident juridical person which has more than one license in the UAE, it further prescribes that for the purposes of determining the registration deadline the license with the earliest issuance date shall be used.
2.For resident juridical person incorporated or otherwise established or recognised on or after 1 March 2024, timeline is as under:
| Juridical person incorporated or otherwise established or recognized under applicable legislation: | Prescribed deadline |
| Within the UAE, including a free zone person | 3 months from the date of incorporation, establishment, or recognition |
| Outside the UAE i.e., in a foreign jurisdiction, and such person is effectively managed and controlled in the UAE | 3 months from the end of Financial Year of the person |
3.For Non-Resident juridical person, timeline is as under:
| Non-Resident juridical person having a: | Prescribed deadline if considered as a Non-Resident Juridical Person: | |
| Prior to 1 March 2024 | On or after 1 March 2024 | |
| Permanent Establishment (PE) in the UAE | 9 months from the date of existence of PE | 6 months from the date of existence of PE |
| Nexus in the UAE | 31 May 2024 | 3 months from the date of establishment of nexus |
Please note that a Non-Resident juridical person deriving only state sourced income, and neither having a PE in the UAE nor a nexus in the UAE, shall not be required to register for corporate tax purposes.
4. For Natural Persons who conduct business or business activity in UAE during Gregorian calendar year (2024 and onwards) with turnover exceeding AED 1 million, timeline is as under:
| Natural Person who is a: | Prescribed deadline |
| Resident Person | 31 March of the subsequent Gregorian calendar year (i.e., 31 March 2025 for Gregorian calendar year 2024) |
| Non-resident person | 3 months from the date of being subject to corporate tax (i.e., as soon as the turnover exceeds AED 1 million) |
How can Altus Citadel’s team assist you?
The summary above outlines important details regarding corporate tax registration timelines as outlined in the Registration Decision. However, it lacks a detailed analysis tailored to individual circumstances.
Altus Citadel’s expert team is here to help you evaluate your residential status, business activities, and identify the appropriate timeline for submitting your corporate tax registration application. Drawing from our extensive practical experience, we strongly advise all taxable individuals to submit their applications to the FTA at the earliest opportunity, well in advance of the deadline.
Reach out to us today to ensure a smooth and timely submission process! Tel.: +357 22 252 774 or Via Viber, WhatsApp, Telegram +357 99 988 31, E-mail: marketing@altuscitadel.com
