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The UAE has announced an extension for certain taxpayers to file their Corporate Tax Returns and settle Corporate Tax Payable under the Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses, along with its amendments.
On September 25, 2024, the UAE issued Federal Tax Authority Decision No. 7 of 2024, which provides the following updates.
The deadline to file the Tax Return and settle the Corporate Tax Payable has been extended to no later than 31 December 2024 for:
- Taxable Persons that were incorporated, established, or recognized under the applicable legislation of the State on or after 1 June 2023,
and
- whose Tax Period ended on or before 29 February 2024.
Taxpayers are advised to refer to official UAE authorities’ communications for the most accurate and up-to-date information on tax-related matters.