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Federal Tax Authority Calls On All Persons Subject To Corporate Tax To File Their Tax Returns And Pay The Corporate Tax Due Within The Specified Timeframes To Avoid Late-Payment Penalties
(MENAFN- Mid-East Info)
Emphasising the importance of early preparation, the FTA urged Taxable Persons to prepare the documents required for filing Tax Returns and paying the Corporate Tax due, noting that this is a fundamental legal obligation that must be fulfilled to ensure compliance with the tax legislation. Exempt Persons required to register were also urged to prepare the documents required for filing their annual declarations within the applicable statutory timeframe. The FTA emphasised that all Taxable Persons, including those eligible for Small Business Relief, whose financial year ended on 31 December 2025 must file their Tax Returns and pay the Corporate Tax due no later than 30 September 2026. The FTA confirmed that registration, Tax Return filing, and payment of Corporate Tax due are available around the clock through the EmaraTax digital tax services platform, using clear and simple steps. Taxable Persons can file their Tax Returns directly through the platform or seek assistance from approved Tax Agents listed on the FTA's website. Taxable Persons eligible for Small Business Relief must fulfil their compliance obligations under the Corporate Tax Law in each Tax Period. These obligations include registering for Corporate Tax, filing simplified Tax Returns, and maintaining all relevant documents supporting the accuracy of the information provided in their Tax Returns or any other documents required to be submitted. These records enable the FTA to verify Revenue, Taxable Income, and eligibility for Small Business Relief for Corporate Tax purposes. The FTA explained that the records and documents that must be maintained and submitted with a Tax Return may vary depending on the nature of the Taxable Person's business. However, there are essential documents that must be maintained, including, but not limited to, a record of the Taxable Person's transactions during the Tax Period, an asset register including details of any purchases or disposals of assets, a record of the Taxable Person's liabilities, and a record of shares or ownership interests held at the end of the Tax Period. Failure to maintain the required records and any other information specified under the Tax Procedures Law and the Corporate Tax Law will result in administrative penalties in accordance with the relevant tax legislation. Persons exempt from Corporate Tax are also required to maintain records that enable the FTA to verify their exemption status in accordance with the Corporate Tax Law. The FTA highlighted the importance of relevant Persons reviewing the Corporate Tax Law, its implementing decisions, and the related guides available through the FTA's website at: .aspx. About Federal Tax Authority: The Federal Tax Authority was established by Federal Decree-Law No. 13 of 2016 to help diversify the national economy and increase non-oil revenues in the UAE through the management and collection of federal taxes based on international best practices and standards, as well as to provide all means of support to enable taxpayers to comply with the tax laws and procedures. Since its inception in 2017, the FTA has been committed to cooperate with the competent authorities to establish a comprehensive and balanced system to make the UAE one of the first countries in the world to implement a fully electronic tax system that encourages voluntary compliance, with simple procedures based on the highest standards of transparency and accuracy – beginning from registration, to the submission of tax returns, to the payment of due taxes through the Authority's website: .
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Taxable Persons subject to Corporate Tax whose financial year ended on 31 December 2025 are required to file their Tax Returns and pay the Corporate Tax due before the end of September 2026
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Those eligible for small business relief are required to file simplified Tax Returns within the statutory timeframe
Emphasising the importance of early preparation, the FTA urged Taxable Persons to prepare the documents required for filing Tax Returns and paying the Corporate Tax due, noting that this is a fundamental legal obligation that must be fulfilled to ensure compliance with the tax legislation. Exempt Persons required to register were also urged to prepare the documents required for filing their annual declarations within the applicable statutory timeframe. The FTA emphasised that all Taxable Persons, including those eligible for Small Business Relief, whose financial year ended on 31 December 2025 must file their Tax Returns and pay the Corporate Tax due no later than 30 September 2026. The FTA confirmed that registration, Tax Return filing, and payment of Corporate Tax due are available around the clock through the EmaraTax digital tax services platform, using clear and simple steps. Taxable Persons can file their Tax Returns directly through the platform or seek assistance from approved Tax Agents listed on the FTA's website. Taxable Persons eligible for Small Business Relief must fulfil their compliance obligations under the Corporate Tax Law in each Tax Period. These obligations include registering for Corporate Tax, filing simplified Tax Returns, and maintaining all relevant documents supporting the accuracy of the information provided in their Tax Returns or any other documents required to be submitted. These records enable the FTA to verify Revenue, Taxable Income, and eligibility for Small Business Relief for Corporate Tax purposes. The FTA explained that the records and documents that must be maintained and submitted with a Tax Return may vary depending on the nature of the Taxable Person's business. However, there are essential documents that must be maintained, including, but not limited to, a record of the Taxable Person's transactions during the Tax Period, an asset register including details of any purchases or disposals of assets, a record of the Taxable Person's liabilities, and a record of shares or ownership interests held at the end of the Tax Period. Failure to maintain the required records and any other information specified under the Tax Procedures Law and the Corporate Tax Law will result in administrative penalties in accordance with the relevant tax legislation. Persons exempt from Corporate Tax are also required to maintain records that enable the FTA to verify their exemption status in accordance with the Corporate Tax Law. The FTA highlighted the importance of relevant Persons reviewing the Corporate Tax Law, its implementing decisions, and the related guides available through the FTA's website at: .aspx. About Federal Tax Authority: The Federal Tax Authority was established by Federal Decree-Law No. 13 of 2016 to help diversify the national economy and increase non-oil revenues in the UAE through the management and collection of federal taxes based on international best practices and standards, as well as to provide all means of support to enable taxpayers to comply with the tax laws and procedures. Since its inception in 2017, the FTA has been committed to cooperate with the competent authorities to establish a comprehensive and balanced system to make the UAE one of the first countries in the world to implement a fully electronic tax system that encourages voluntary compliance, with simple procedures based on the highest standards of transparency and accuracy – beginning from registration, to the submission of tax returns, to the payment of due taxes through the Authority's website: .
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