FTA Urges June License Holders to Complete Corporate Tax Registration by August 31

The FTA emphasized the need to adhere to the timelines in FTA Decision No. 3 of 2024, which sets registration deadlines under Federal Decree-Law No. 47 of 2022 on Corporate Tax. The law took effect on March 1, 2024, and applies to both Juridical and Natural Persons, Resident or Non-Resident.

Taxable Persons with multiple licenses must register based on the earliest issuance date. Even expired licenses as of March 1, 2024, are subject to the registration deadline based on the original issuance month.

The FTA highlighted the availability of Corporate Tax registration through the EmaraTax platform, offering a streamlined process that takes around 30 minutes. Existing VAT or Excise Tax registrants can access their accounts and complete registration for Corporate Tax. Once approved, a Tax Registration Number is issued.

The FTA also encouraged those who have yet to register to create an account on the EmaraTax platform using their email and mobile number. Registration can also be done via authorized Tax Agents or at government service centers nationwide.

Source : www.tax.gov.ae