Available from January to May 2023
The Federal Tax Authority opens early registration for corporate tax
Khaled Al-Bustani: “Helping business sectors comply with tax regulations and procedures with flexible mechanisms, in accordance with international best practices.”
The Federal Tax Authority has announced the start of the early registration phase for corporate and business tax, through the “Emirates Tax” platform for digital tax services, in implementation of Federal Decree-Law No. (47) of 2022 regarding corporate and business tax, which imposes corporate and business tax on the persons subject to it, As of its first fiscal year starting on or after June 1, 2023.
The Authority stated that the stage of “early registration for corporate and business tax” is available from January to May 2023 for some categories of companies and businesses in the country. Invitations will be sent to them from the Authority, via e-mails and text messages via mobile phones, to register each of them for corporate and business tax. through the platform.
The authority stated that it will announce after this stage, and at a later time, the date for opening registration for companies and other businesses, and will be keen to give them ample time to register and fulfill their legal obligations, pointing out that when opening registration, priority will be given to companies and businesses whose fiscal year begins on the first of June. 2023
Khaled Ali Al Bustani, Director General of the Federal Tax Authority, said: “Since the announcement of the implementation of the corporate and business tax in the UAE, the authority has intensified its efforts at all levels in cooperation with the competent authorities to develop mechanisms for implementation in accordance with the best standards to ensure the efficiency, accuracy and smoothness of law enforcement procedures, and not to affect Business movement, as the Authority places among its priorities helping business sectors comply with tax regulations and procedures through flexible mechanisms, in accordance with international best practices.
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