Federal Tax Authority calls for registration in corporate tax before the end of November

The Federal Tax Authority has renewed its call for resident legal persons with licenses issued in the months of October and November (regardless of the year of issuance of the license) to expedite the submission of registration applications for corporate tax no later than November 30, 2024, in order to avoid administrative fines.
In a press release yesterday, the Authority stressed the need to adhere to the periods specified in Federal Tax Authority Resolution No. (3) of 2024 regarding the period specified for registering persons subject to corporate and business tax for the purposes of Federal Decree Law No. (47) of 2022 regarding corporate and business tax and its amendments. Which entered into force on March 1, 2024, and specified the time periods within which each category of those subject to corporate tax must submit registration applications.
The Authority alerted that, pursuant to Cabinet Resolution No. (75) of 2023 regarding administrative fines for violations related to the implementation of Federal Decree Law No. (47) of 2022 regarding corporate and business tax, and its amendments; An administrative fine will be applied to taxable persons who do not comply with submitting registration applications for corporate tax within the time periods specified in the Authority’s decision in this regard.
It indicated that the authority’s decision applies to the specified periods for submitting registration applications for those subject to corporate tax, including legal persons and natural persons (residents and non-residents), noting that a resident legal person if it is established, created, or otherwise recognized before March 1, 2024; He must submit a corporate tax registration application to the Authority based on the month of issuance of the license, regardless of the year of issuance.
She added that if the taxable person had more than one license on March 1, 2024, he must approve the date of issuance of the earlier license. However, if the taxable person had a license that expired on March 1, 2024; The maximum registration limit will depend on the month in which the license was issued.
The Federal Tax Authority explained that registration for corporate tax is available through the Emirates Tax platform for digital tax services around the clock, through four main steps that take about 30 minutes.