UAE Federal Tax Authority Opens Pre-Registration for corporate tax through the EmaraTax platform starting in January 2023

The United Arab Emirates (UAE) Ministry of Finance has published Federal Decree-Law No. 47 of 2022 providing the legislative framework for corporate tax on business profits in the UAE.

The Federal Tax Authority (FTA) has launched early registration for corporate tax through the EmaraTax platform for digital tax services, in accordance with the Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses (the “Corporate Tax Law”). This law stipulates that Taxable Persons will become subject to Corporate Tax from the beginning of their first financial year that starts on or after 1 June 2023.

The FTA has opened early registration for certain categories of companies operating in the UAE from January 2023 to May 2023. Selected companies will receive invitations from the FTA by email and SMS, allowing them to register via the EmaraTax platform.

After this phase, the FTA will announce the date when registration will be open for other companies and businesses. Ample time will be given for companies and businesses to apply for registration and meet their legal obligations. Priority will be given to companies and businesses that have a financial year starting on 1 June 2023.

During this phase, the Authority welcomes feedback and suggestions to ensure continuous improvements of registration procedures and processes.

FTA Director General His Excellency Khalid Ali Al Bustani said, “The Authority prioritizes supporting all business sectors to comply with tax regulations and procedures through flexible mechanisms that align with international best practices. We are committed to positioning ourselves as a partner and ally to business sectors, making dedicated efforts to safeguard their interests and support the national economy at the same time through balanced and transparent procedures that strengthen the UAE’s competitive environment.”

The FTA will be providing more information about registration for corporate tax in due course, and more details about corporate tax is available here.

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