Federal Tax Authority issues new Decision on specified timeframes for Corporate Tax registration

The Federal Tax Authority (FTA) has set specific deadlines for Taxable Persons to register for Corporate Tax to comply with tax regulations. These deadlines are detailed in a new FTA Decision, which pertains to Federal Decree-Law No. 47 of 2022 concerning the Taxation of Corporations and Businesses and its amendments. This law, which became effective in June last year, applies to tax periods starting on or after June 1, 2023. Starting March 1, 2024, the new FTA Decision will outline the registration deadlines for both Resident and Non-Resident juridical and natural persons subject to Corporate Tax.

The Decision indicates that a juridical person that is a Resident Person incorporated, established, or otherwise recognized prior to 1 March 2024 must apply to register for Corporate Tax within the following timeframes:

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