All About The UAE Corporate Tax Registration Timeline

The UAE has been one of the best places to start a business and prosper. The authorities of the UAE are also providing all the assistance that is required for the businesses. The UAE was once known as a tax-free land, but now, after the implementation of the VAT and the CT, it has changed the whole picture. But don’t worry, the UAE is still one of the jurisdictions that charges the lowest CT rate. Regarding the recently implemented CT regime, the authorities have issued a new notification.

The authorities of the UAE have recently provided a valuable update about the timeline of the CT registration, which the entities of the UAE who are eligible to be registered must know well. The non-registration under the CT regime will attract further consequences, like penalties of AED 10,000, etc. The readers can get valuable insights about the timeline to get registered under the CT and other vital dates that must be kept in mind in order to stay compliant with the CT regime of the UAE.

This new timeline has been effective since March 1, 2024. This decision has laid out different timelines for different entities, which are explained in this blog.

Key Highlights About The Timeline

Now lets check out the key highlights about the UAE Corporate Tax timeline.

Timeline for Resident Juridical Persons

All the resident juridical persons, inclusive of the freezone persons, who were either incorporated, established, or recognised before March 1, 2024, must follow the timelines below for the submission of the tax registration application:

If any entity holds more than one license, then the license with the earliest issuance date shall be applicable for identifying the timeline. 

For any of the resident juridical persons who are either incorporated, established, or recognised after March 1, 2024, the following timelines would be applicable:

• A juridical person who is recognised, incorporated, or registered under the applicable rules and tax legislation of another country or foreign territory and effectively managed and controlled in the UAE will have to get registered within 3 months from the end of the entity’s personal financial year.
• A juridical person who is recognised, incorporated, or registered under the applicable rules and tax legislation of the UAE, inclusive of freezone entities, will have to get registered within 3 months from the date of its incorporation, establishment, or recognition.

Timeline For Non-Resident Resident Juridical Persons

• For a non-resident juridical person who has a PE in the country before the effective date of March 1, 2024, the deadline for the submission of the application for CT registration is 9 months from the date of the existence of such a PE
• For a non-resident juridical person who has a nexus in the country before the effective date of March 1, 2024, the deadline for the submission of the application for CT registration is 3 months from March 1, 2024.
• For a non-resident juridical person who has a PE in the country after the effective date of March 1, 2024, the deadline for the submission of the application for CT registration is 6 months from the date of the existence of such a PE
• For a non-resident juridical person who has a nexus in the country after the effective date of March 1, 2024, the deadline for the submission of the application for CT registration is 3 months from the date of the establishment of such a nexus in the country.

Timeline for the Natural Person in the Country

Any natural person who has any business or conducts any business or business activity in the UAE and has a turnover exceeding the threshold of AED 1 million must submit the CT registration application within the stated timelines:

• For a resident person, March 31st of the subsequent Gregorian calendar year
• For a non-resident person, 3 months from the date of complying with and satisfying the requisites set out for the determination of taxable persons.

The entities are liable to keep this timeline and get themselves registered without delay, or else they will be liable to pay the penalty of AED 10,000. Not only the penalty but also the confidentiality and image of the firm will be at stake. So it's better to get the registration done on time. 

How Can CDA Help You Get Your CT Registration?

CDA has been providing various tax consultancy services for more than a decade, which has made it one of the best tax consultants in UAE. CDA’s professionals can assist you in getting your CT requirements like registration, filing returns, payment of taxes, etc. sorted without further complexities. Our team is well equipped with all the required insights into the tax regulations prevailing in the UAE. We can assist you in complying with all the tax laws while you sit back and focus on your primary business activities. CDA’s team is always with you to provide the best services.

To explore more, approach our team now.