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3 UAE TAX UPDATES
3.1 Postponement of the Deadline to File a Tax Return and Settle the Corporate Tax Payable
for certain Tax Periods (Federal Tax Authority Decision No. 7of 2024)
On September 25, 2024, the FTA has released a Decision (Federal Tax Authority Decision No. 7of 2024) announcing
an extension for filing Corporate Tax Returns, postponing the deadline to December 31, 2024, for certain taxpayers
with short tax periods ending on or before February 29, 2024.
1. For the purposes of Tax Return, the deadline to file return with the Authority shall be no later than 31 December
2024, where all of the following conditions are met:
a. The Taxable Person was incorporated, established or recognised under the applicable legislation of the State on
or after 1 June 2023.
b. The Tax Period of the Taxable Person ended on or prior to 29 February 2024.
2. For the purposes of Corporate Tax Payment, the deadline to settle corporate tax payable shall be no later than 31
December 2024, where all of the following conditions are met:
a. The Taxable Person was incorporated, established or recognised under the applicable legislation of the State on
or after 1 June 2023.
b. The Tax Period of the Taxable Person ended on or prior to 29 February 2024.
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UAE TAX UPDATE NEWSLETTER ISSUE 06 - September 2024 ISSUE 06 - September 2024 UAE TAX UPDATE NEWSLETTER
