In accordance with the UAE tax laws natural persons (both resident and non-resident) deriving income from business activities in the UAE may be subject to corporate tax in the UAE. Thus, if you operate a sole establishment, an unincorporated partnership, or are a natural person (resident or non-resident) with total business-related revenue of AED 1 million or more in 2024, you must complete your corporate tax registration by March 31, 2025.
Key Requirements
-Mandatory Registration Deadline: March 31, 2025
-Penalty for Non-Compliance: AED 10,000
-Revenue Criteria: Only business-related revenue is considered. Salaries, income from personal investments, and real estate income are excluded.
To avoid penalties and ensure compliance with UAE tax regulations, complete your registration before the deadline.
Act now! Ensure your business is fully compliant and avoid unnecessary fines.
Contact us urgent before March 31, 2025: info@cmbs-tax.com