UAE Provides Timelines For Making An Application For Corporate Tax Registration

• Published date: 08 March 2024
• Subject Matter: Tax, Corporate Tax, Tax Authorities
• Law Firm: Nexdigm Private Limited
• Author: Nexdigm Private Limited

The UAE Corporate Tax (CT) law has been made applicable with effect from the financial year beginning on or after 1 June 2023. One of the important requirements of UAE CT Law was obtaining a CT Registration number. Based on an earlier FAQ issued by the Ministry of Finance, it was provided that companies can register before they file their first tax return.

However, Federal Tax Authorities have issued Federal Tax Authority Decision No 3. of 2024, specifying timelines for making an application for CT Registration, which will be effective from 1 March 2024.

Timeline for the Tax Registration Property

Resident Juridical Persons (Companies, LLC, Foundations, etc.)

Resident juridical entities established or recognized prior to March 2024, would be required to submit the registration application on or before the following dates:

In the case of multiple licenses, the date of issuance of the earliest license needs to be considered for ascertaining the due dates for making an application for registration.

A resident juridical person incorporated or recognized on or after the effective date of this Decision would be required to obtain Tax Registration within three months from the date of incorporation, establishment or recognition.

Foreign Companies with a Place of Effective Management (POEM) in the UAE would be required to obtain registration in the UAE within three months from the end of the financial year.

Non-Resident Juridical Persons (Branch office, Permanent Establishment (PE) of Non-Resident, Non-Resident holding immovable property, etc.)

Non-Resident juridical entities...