UAE Tax authority sets deadline for unincorporated partnerships and sole businesses in UAE. Those running one-person businesses should register for corporation tax by March 31, 2025, according to a reminder from the Federal Tax Authority.

Suzy Kerton, CEO of Zyla Accountants, has earned a globally recognised corporate tax accreditation in the region. She earned the Corporate Tax Diploma following a 2 month course.

Zyla Accountants, an accredited FTA tax agent in Dubai, is committed to simplifying corporate tax compliance in this evolving financial environment.

A guide produced by the United Arab Emirates’ Federal Tax Authority provides a practical resource for taxpayers but also reveals the large volume of data required for businesses to accurately complete a corporate tax return.

Residents with licences issued in May (regardless of the year of issuance) are urged to register for Corporate Tax by 31 July 2024. Based on the timeline specified in Federal Tax Authority Decision No. 3 of 2024 regarding registration of taxable persons for corporate tax purposes of Federal Decree-Law No. The Taxation of Corporations and Businesses Act of 2022 and its amendments took effect on 1 March 2024.

To avoid penalties, the Federal Tax Authority (FTA) reminds individuals with Corporate Tax licences issued in March and April (regardless of the year of issuance) to submit their registration applications by June 30, 2024.