UAE

UAE Tax Registration Starts on Monday, May 15

UAE tax registration will open on Monday, May 15, according to authorities. The Federal Tax Authority (FTA) has launched registration for Corporate Tax through the EmaraTax digital tax services platform for Public Joint Stock Companies and Private Companies starting from Monday, May 15.

In line with Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses (“Corporate Tax Law”), which stipulates that Taxable Persons will become subject to Corporate Tax from the beginning of their first financial year that starts on or after 1st June 2023.

Therefore, Taxable Persons must register and obtain a Tax Registration Number for Corporate Tax purposes.

The FTA invited all Taxable Persons that are Public Joint Stock Companies and Private Companies resident in the UAE for Corporate Tax purposes to register with the FTA, noting that this will not cover Free Zone Persons for whom Corporate Tax Registration will be made available at a later stage.

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Arabian Business

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