UAE Corporate Tax: Key deadlines, thresholds and filing rules businesses need to know
UAE businesses navigating Corporate Tax need to keep track of several important thresholds and deadlines, from when they must register to how long they have to file a return and pay any tax due. Corporate Tax applies to Tax Periods beginning on or after June 1, 2023, with requirements varying depending on whether the taxpayer is a company, individual conducting business or Free Zone Person. Get…
When registering for Corporate Tax in the UAE, businesses must do so within three months of incorporation, establishment or recognition, starting from March 1, 2024. Companies and juridical persons must register, while individuals conducting business and Free Zone Persons have different rules. Failure to register on time can incur a Dh10,000 administrative fine.
Corporate Tax is levied at 0% on taxable income up to Dh375,000, with the remainder taxed at 9%. Taxable income is calculated differently from a company's total revenue, using accounting income after specific adjustments. Returns must be filed within nine months of the end of the tax period, such as September 30, 2026 for a December 31, 2025 financial year.
Free Zone Persons are still required to file a return, even if their income qualifies for a 0% rate. Small businesses with revenues under Dh3 million may claim Small Business Relief. Regardless of tax liability, businesses must retain supporting documents for Corporate Tax returns for at least seven years following the tax period.
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