Corporate Tax Deadlines, Penalties and exemptions 

We have created easily readable tables of the Corporate Tax, Deadlines, Penalties and Exemptions.  

Corporate Tax Registration Deadlines: 

Effective from 1 March 2024, the new FTA Decision defines timeframes for applying to register for Corporate Tax that apply to juridical persons and natural persons, that are either Resident Persons or Non-Resident Persons. 

The Decision indicates that a juridical person that is a Resident Person incorporated, established, or otherwise recognized prior to 1 March 2024 must apply to register for Corporate Tax within the following timeframes: 

Corporate Tax Penalties: 

Corporate Tax Exemptions:

Note: A Qualifying Free Zone Person benefits from 0% tax on their qualifying income. We have created a blog going into further detail regarding Qualifying Income. 

BONUS – VAT Penalties:

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Note: if you have any questions after reading this, please reach out to us.