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Corporate Tax

NEWS DESK

Federal Tax Authority Urges Submission of Corporate Tax Returns and Settlement of Corporate Tax Liabilities Within Nine Months from the End of The Tax Period

The Federal Tax Authority (FTA) has today issued a reminder for all Corporate Taxable Persons, including Exempt Persons required to register, to promptly submit their Tax Returns (or Annual Declarations) within a period not exceeding nine months from the end of their respective Tax Periods (or from the end of the Financial Year for exempt […]
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Federal Tax Authority emphasises the need to retain records and documentation to ensure accuracy of Tax Return information for Taxable Persons subject to Corporate Tax

The Federal Tax Authority (FTA) emphasises the obligation for all Taxable Persons subject to UAE Corporate Tax to maintain all records and documents supporting the information provided in their Tax Returns or any other document required to be submitted to the FTA. These records enable the FTA to verify the Taxable Person’s Taxable Income for […]
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More than 33.9 thousand Beneficiaries from Corporate Tax Late Registration Penalty Waiver Initiative

The Federal Tax Authority (FTA) has renewed its call for Corporate Tax registrants who have not yet registered to promptly submit their registration applications, highlighting that by filing their first Tax Returns for the tax period through the “EmaraTax” digital tax services platform, thus they can benefit from the Penalty Waiver Initiative for Late Corporate […]
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Federal Tax Authority emphasizes importance of promptly registering for Corporate Tax to benefit from Late Registration Penalty Waiver initiative

The Federal Tax Authority (FTA) confirmed an increase in the number of beneficiaries from the Corporate Tax Late Registration Penalty Waiver initiative applicable to Taxable Persons and certain categories of Exempt Persons required to register with the FTA who were late in submitting their Corporate Tax registration applications within the specified deadline. The FTA
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The Federal Tax Authority underscores the importance of promptly registering for Corporate Tax to benefit from the exemption from late registration penalties

As part of its comprehensive campaign to raise awareness of Corporate Tax among business sectors, the Federal Tax Authority (FTA) held its third workshop of the year in Ras Al Khaimah (RAK), dedicated to familiarising participants with the rules for determining taxable income under the Corporate Tax framework. In a press statement issued today, the […]
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FTA Corporate Tax Boosts Awareness Events in 2024

The Federal Tax Authority (FTA) has today announced that its awareness initiatives on corporate tax have seen significant growth in terms its activities and attendance, in 2024, with the number of participants benefiting from these awareness events reaching 15,713 participants. This includes those attending in-person events across all emirates and virtual sessions hosted
Business Corporate

Finanshels.com Unveils AI WhatsApp Service

For Corporate Tax Registration In The UAE Finanshels.com, a Dubai-based automated accounting and tax operations startup, has unveiled an AI-powered WhatsApp bot to facilitate corporate tax registration in the UAE. The bot simplifies the UAE corporate tax registration process to a four-document upload, completed in under five minutes—a significant departure from the