UAE Corporate Tax Registration Starts on May 15th

UAE Corporate Tax Registration Starts on May 15th

The UAE’s Federal Tax Authority (FTA) has launched tax registration for public joint stock companies and private companies starting from Monday, May 15th.

Read More: UAE Federal Tax Authority Launched Corporate Tax Pre-Registration

Registration will be available through the EmaraTax digital tax services platform. 

The FTA will send invitations to register using EmaraTax to these chosen organizations via email and SMS. 

Taxable people will be subject to corporate tax from the financial year that begins on or after June 1st, 2023. 

The authorities would provide firms and companies enough time to register and comply with legal requirements. Priority will be given to organizations and corporations whose fiscal year begins on June 1st when registration opens, the FTA said.

According to the authority, taxable people must register and obtain a tax registration number for corporate tax purposes.

The FTA noted that this round will not cover free zone people, adding that further announcements will be made when registration opens to them at a later stage.

This article was posted on UAEMoments

Leave a Reply

Your email address will not be published. Required fields are marked *

Would you like to receive notifications on latest updates? No Yes