The countdown has begun for UAE businesses to navigate the new Corporate Tax requirements. The September 30, 2025 deadline is the final day for companies with a financial year ending on December 31, 2024, to file their first Corporate Tax return and settle any tax liability.
Missing this deadline can result in significant penalties. All businesses classified as a "Taxable Person" under the Corporate Tax Law are required to file a tax return. This includes companies with a financial year ending on December 31, 2025, even if their taxable income is below the AED 375,000 threshold and no tax is due.
To prepare for the deadline, it is important to follow these key steps:
Review Your Financial Records: Ensure your accounts and financial statements for 2025 are accurate and complete.
Calculate Taxable Income: Accurately determine your net taxable income based on the UAE Corporate Tax Law.
Prepare the Tax Return: Complete all necessary forms and declarations as per FTA requirements.
File Through the FTA Portal: Submit your tax return electronically via the FTA's EmaraTax platform.
Settle Your Tax Liability: Pay any tax due before the deadline to avoid late payment penalties.