By Staff Reporter
The Federal Tax Authority (FTA) has called on businesses subject to Corporate Tax to finalise their tax records, file returns, and settle payments within the specified deadlines to avoid penalties.
The FTA reminded taxpayers that returns and payments must be completed within nine months from the end of the relevant tax period. This requirement also applies to exempt persons who are still obliged to register and submit annual declarations.
Filing accurate tax returns and meeting deadlines is a legal obligation under the Corporate Tax Law. The authority stressed that non-compliance could result in fines and urged companies to begin preparations early by organising commercial licences, financial records, and details of business activities.
The FTA highlighted that its EmaraTax digital platform provides a streamlined 24/7 service for registration, filing, and payment, with support also available through authorised tax agents. More information and detailed guidance can be found on the FTA’s official website.
News Source: Emirates News Agency
