UAE Corporate Tax Return Deadline Extended to 31st December 2024 . On 26 September 2024, the Federal Tax Authority (FTA) released decision no.7 of 2024 stating the Postponement of the Deadline to File a Corporate Tax Return and Settle the Corporate Tax Payable for Certain Tax Periods for the Purposes of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses and its amendments.
This decision states that the deadline to file the Corporate Tax Return and settle the Corporate Tax liability has been extended to 31 December 2024 subject to the fulfillment of all the following conditions :
- Entities that are incorporated, established or recognised on or after June 2023 and
- Entities have a tax period ending on or before 29 February 2024.
Don’t miss this critical deadline. Ensure compliance and avoid penalties by filing and settling your Taxes on time. Act now to avoid last-minute stress!
Check these schedules:
- If the date of incorporation of a company was May 1, 2023, and financial year January 1, 2024 to December 31, 2024, its first tax period is the same. So, filing will be September 2025.
- If date of incorporation was June 1, 2023, and financial year is same as calendar year, than first tax period will be June 01, 2023 to December 31, 2023. Their last date for filing corporate tax return was September 30, 2024 and now December 31, 2024.
- If date of incorporation was July 01, 2023, and financial year is same as calendar year, the first tax period will be July 01, 2023 to December 31, 2024. Last date for filing first tax return return will be September 30, 2025.