UAE Corporate Tax: Registration Deadline for Individuals Earning Over Dh1 Million
Dubai: Individuals operating sole proprietorships must complete their corporate tax registration by March 31, 2025, as per the reminder from the Federal Tax Authority (FTA).
This requirement also extends to those who are partners in unincorporated partnerships.
The initial tax period for these individuals is determined by the calendar year. Those who generate over Dh1 million in revenue during 2024 qualify as a ‘taxable person’.
If the revenue exceeds the Dh1 million threshold in later years, these individuals are obligated to adhere to all corporate tax regulations.
According to the FTA, a ‘natural person’ is defined as someone who is either a UAE resident or is engaged in a business activity within the country.
For example, if an individual earns more than Dh1 million by July 31, 2024, they must submit their corporate tax registration application by the March 31, 2025 deadline and file their corporate tax return by September 30, 2025.
Be Aware of Penalties
Failure to register by the specified deadline will result in an administrative penalty of Dh10,000.
The FTA encourages all relevant parties to familiarize themselves with the Corporate Tax legislation, as well as the implementing decisions, guides, public clarifications, and awareness materials that are available on the FTA’s official website.
Registration can be performed through the EmaraTax platform. Additionally, the FTA has released the ‘Corporate Tax Registration – Taxpayer User Manual’, which provides comprehensive instructions for registering via EmaraTax.
New users can access the EmaraTax platform at eservices.tax.gov.ae, where they can create an account using their email address and phone number. After setting up their profile, individuals can select the corporate tax registration option to complete their application.
Alternatively, applications can also be submitted at Tas’heel centers.