The UAE’s Federal Tax Authority (FTA) has called on corporate taxpayers to finalize their tax records, submit their tax returns, and pay corporate tax dues within the specified deadlines.
The authority also emphasised the importance for UAE corporate taxpayers to file their tax returns and pay the corporate tax due to the FTA within a period not exceeding nine months from the end of the tax period for each registrant.
“Filing tax returns (or annual declarations) and paying taxes owed by taxpayers is a fundamental legal obligation that must be fulfilled to ensure compliance with tax legislation and avoid fines and penalties for non-filing and delays,” said the FTA.
FTA outlines needed documents for filing
In a statement, the FTA highlighted the importance of preparing the documents needed to file corporate tax returns as early as possible, ensuring that all required information is available and submitted within the specified timelines. The documents needed before beginning the filing process include commercial licenses, financial records and business activity details.
“Early preparation helps taxpayers to meet their tax obligations efficiently and on time,” it added.
Furthermore, it stressed its commitment to continuously improving its services in line with international best practices, providing comprehensive support to the business sector, and facilitating compliance with the UAE corporate tax law and its procedures with ease, accuracy and efficiency.
The FTA also emphasized that registration, submitting tax returns, and payment of corporate tax dues are available features on the EmaraTax platform under digital tax services, which is accessible 24/7. These procedures are characterised by clarity, ease and speed.
The FTA also encourages registrants to ensure that their tax returns are complete and accurate. Taxpayers subject to corporate tax can file their returns and pay dues directly through the EmaraTax platform or seek assistance from authorized Tax Agents listed on the FTA’s website.
Read: UAE gross banks’ assets rise 2.7 percent to $1.33 trillion in May 2025, says CBUAE
Waiver Initiative supports over 33,900 beneficiaries
Last month, the UAE’s FTA revealed that the number of beneficiaries from the Penalty Waiver Initiative for Late Corporate Tax Registration has reached more than 33,900.
July 31 was the final deadline to benefit from the initiative for the majority of corporate taxpayers whose first tax period aligns with the calendar year from January 1 to December 31, 2024. The FTA also confirmed that failure to meet the requirements and complete the necessary procedures by July 31 will result in ineligibility for the waiver and the imposition of a late registration penalty of AED10,000 for non-registered persons.