Deadline Extended: First Corporate Tax Returns for Newly Incorporated UAE Entities

September 30, 2024by Admin0

Businesses incorporated in the UAE after June 1, 2023, with a six-month initial financial year ending before February 29, 2024, now have until December 31, 2024, to file their first Corporate Tax returns.

Table of Contents

Summary

The Federal Tax Authority (FTA) has extended the deadline for filing the first Corporate Tax returns for entities incorporated on or after June 1, 2023, with a six-month initial financial year ending on or before February 29, 2024.

This extension aims to provide relief to companies that were incorporated after the introduction of the UAE Corporate Tax Law and opted for a shorter initial financial year.

Original Deadline: September 30, 2024

Extended Deadline: December 31, 2024

Next Steps

Businesses falling under the criteria should ensure they file their Corporate Tax returns by the extended deadline

This blog is a part of our Tax Advisory Services.

Disclaimer

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About ATB Legal

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