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.
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.