Taxation Focus: FTA's Urgent Call for Corporate Tax Registration

Tuesday, 3 September 2024, 04:39

Taxation measures are critical, and the FTA has urged Resident Juridical Persons to register for Corporate Tax by the end of September 2024. This registration applies to all licenses issued in July. Failure to comply could lead to unforeseen penalties. Stay informed to avoid potential issues with tax regulations.
Zawya
Taxation Focus: FTA's Urgent Call for Corporate Tax Registration

Taxation Notice from FTA

In an important announcement, the Federal Tax Authority (FTA) of Abu Dhabi, UAE, has stressed the need for Resident Juridical Persons holding licenses issued in July to complete their Corporate Tax registration by the end of September 2024. This requirement encompasses all years of license issuance, signifying a significant step in tax compliance.

Key Details on Corporate Tax Registration

  • All Resident Juridical Persons must act promptly.
  • Compliance is essential to avoid penalties.
  • Registration deadlines are critical for financial planning.

This taxation issue is gaining attention in the financial sector, urging businesses to remain vigilant and proactive in their tax liabilities.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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