UAE

UAE Corporate Tax Filing Deadline Extended to December 2024

FTAA has released new dates for filing of Corporate Tax Returns and payment for the Corporate Tax Payable. The new deadline laid down to be December 31, 2024 concerns short tax periods up to February 29, 2024.

This extension was allowed by Decision No. 7 of 2024 under the Federal Decree-Law No. 47 of 2022 On the taxation of Corporations and Businesses. The change to the Conduit Development aims to help those business especially those with First Tax Period of less than 12 months to meet their tax obligations.

FTA Director-General Khaled Ali Al Bustani insisted on the readiness of the Authority to help the taxpayers by extending the deadlines for filing and paying the taxes. As a result, this extension is intended to minimize compliance costs and increase timely and accurate tax remittance.

The extension is made to companies that are incorporated after June 1, 2023, having the financial year end before the February 29, 2024, which means they owe their corporate tax obligations by December 31, 2024.

Suhail Hasan

Suhail Hasan is a British businessman and entrepreneur who is the COO of Fame and guest author of Dubai News.

Recent Posts

China Successfully Launches Test Satellite for Internet Technology

A Chinese test satellite operates to develop satellite internet technology. The satellite launch initiative of…

38 minutes ago

TikTok as Your Travel Guide: How Social Media is Changing Trip Planning

People can discover complete travel destinations through their TikTok streaming activities. Dubai entrepreneur Shravasti Menon…

45 minutes ago

Donald Trump Plans UAE Visit in May to Strengthen Ties

Four sources who understand this matter predict that United States President Donald Trump will travel…

51 minutes ago

UAE Petrol Prices Drop Sharply in April 2025

National fuel prices for all petrol categories in the UAE decreased substantially during April 2025…

6 hours ago

How Dubai’s Luxury Real Estate Respects & Embraces Ramadan Traditions

RH Luxury Properties, headed by its founder and CEO, Rebiha Helimi, has deep respects for…

15 hours ago

12 Amazing Eid Lunch Deals in Dubai Under AED 170

You can enjoy a splendid brunch for Eid Al Fitr at any of Dubai’s acclaimed…

1 day ago