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As per Article 51 of the UAE Corporate Tax (CT) Law, any Taxable Person shall register for Corporate Tax with the Federal Tax Authority (FTA) in the form and manner and within the timeline prescribed by the FTA and obtain a Tax Registration Number, except in circumstances prescribed by the Minister of Finance.
The FTA issued Decision No 3 of 2024 (‘the Decision’) on 22 February 2024 wherein the timelines are prescribed to submit an application for tax registration for juridical persons and natural persons. The Decision shall be effective from 1 March 2024.
We have captured the key takeaways of the Decision below:
Resident juridical person
|
Date of license issuance irrespective of year of issuance |
Deadline for submitting tax registration application |
|
1 January – 31 January |
31 May 2024 |
|
1 February – 28/29 February |
31 May 2024 |
|
1 March – 31 March |
30 June 2024 |
|
1 April – 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 – 31 August |
31 October 2024 |
|
1 September – 30 September |
31 October 2024 |
|
1 October – 31 October |
30 November 2024 |
|
1 November – 30 November |
30 November 2024 |
|
1 December – 31 December |
31 December 2024 |
|
Where a person does not have a License at the effective date of this Decision |
3 months from effective date of this Decision |
Where a juridical person has more than one Licence, the Licence with the earliest issuance date shall be used.
|
Category of Juridical Person |
Deadline for submitting tax registration application |
|
Incorporated in State including Free Zone Person |
3 months from date of incorporation |
|
Foreign entity that is effectively managed and controlled in State |
3 months from end of Financial Year of person |
Non-resident juridical person
For a juridical person, that is a Non-Resident Person prior, on or after 1 March 2024, the timelines to submit the Tax Registration application shall be as per the below table:
|
Category of Juridical Person |
Deadline – Non Resident Person prior to effective date of this Decision |
Deadline – Non Resident Person on or after effective date of this Decision |
|
Person that has Permanent Establishment in State |
9 months from date of existence of Permanent Establishment |
6 months from date of existence of Permanent Establishment |
|
Person that has a nexus in State |
3 months from effective date of this Decision |
3 months from date of establishment of nexus |
Natural persons who is conducting a Business or Business Activity during the 2024 Gregorian calendar year or subsequent years
A natural person whose total turnover in a Gregorian calendar year exceeds AED 1 million shall be subject to UAE corporate tax and shall be required to obtain corporate tax registration.
In case an individual is conducting a business or business activity within the UAE, the timelines to submit the Tax Registration application shall be as per the below table:
|
Category of natural persons |
Deadline for submitting tax registration application |
|
Resident Person whose total Turnover derived in a Gregorian calendar year exceeds AED 1 million |
31st March of subsequent Gregorian calendar year |
|
Non-Resident Person whose total Turnover derived in a Gregorian calendar year exceeds AED 1 million |
3 months from date of meeting requirements of being subject to tax |
Late submission of corporate tax registration application1
Taxable Persons that fail to submit the application for UAE Corporate Tax Law within the timelines stipulated by the FTA may face a penalty of AED 10,000.
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