UAE, 29 May, 2025 : The Federal Tax Authority (FTA) held an awareness workshop in Dubai focused on the “Rules for Determining Income Subject to Corporate Tax,” as part of its ongoing national campaign to promote voluntary compliance with the Corporate Tax Law.
The session drew over 900 participants, including representatives from businesses, government entities, and key stakeholders. FTA officials provided detailed insights into corporate tax obligations, registration procedures, and the importance of timely filing.
A key highlight was the FTA’s reminder of the UAE Cabinet Decision to waive administrative penalties for late tax registration, provided taxpayers submit their applications within the legally specified timeframe. The waiver also applies if the first tax return or declaration is submitted within seven months of the end of the initial tax period.
The agenda covered core topics such as:
-
Determining taxable income
-
Accounting standards and accrual basis of accounting
-
Tax return filing and EmaraTax registration
-
Understanding financial assets, liabilities, and equity under IFRS
The FTA also confirmed that six more workshops will be held across the UAE before the end of 2025, both in-person and virtually, to ensure broad awareness and support for businesses navigating the new tax regime.
Taxpayers are encouraged to stay updated via the FTA website and take advantage of available guidance and resources.
Source : tax.gov.ae