Corporate Tax deadline looms: FTA urges UAE businesses to comply or face fines

Dubai: The Federal Tax Authority (FTA) has issued a final and urgent reminder to all Corporate Tax taxpayers in the UAE to complete their tax records, submit their Tax Returns, and pay any due taxes within the stipulated deadlines.

The announcement, made by the FTA on Tuesday, emphasises that businesses whose financial period ended on December 31, 2024, have until September 30, 2025, to ensure full compliance.

This nine-month timeframe from the end of the tax period is a fundamental legal obligation.

The FTA has clarified that failure to comply will result in administrative fines and penalties, serving as a critical call to action for thousands of businesses across the emirates to avoid last-minute rush and potential non-compliance charges.

The FTA’s message highlights the severity of non-compliance. According to the country’s tax laws, companies face penalties for late filing of returns and delayed tax payments.

These penalties can have a significant impact on a business’s financial standing, particularly for small and medium-sized enterprises (SMEs) and start-ups.

To ensure a smooth process, the FTA is urging businesses to begin preparing their required documents immediately. This includes collating commercial licenses, financial records, and detailed information on business activities.

Early preparation is key to ensuring that all necessary information is available and accurate before beginning the submission process.

In a move to streamline the process and make it as efficient as possible, the FTA reminded taxpayers that all procedures for registration, submitting returns, and making payments are available 24/7 through the EmaraTax digital platform. The platform, designed with clarity and speed in mind, allows businesses to manage their tax obligations from anywhere.

For those who may need additional assistance, the FTA’s statement confirms that taxpayers can also seek support from authorised Tax Agents who are officially listed on the FTA's website.

This provides a professional and reliable channel for businesses to ensure their tax returns are both complete and accurate.

This final reminder from the FTA underscores the authority’s commitment to voluntary tax compliance while also sending a clear message about the consequences of neglecting legal obligations. With the September 30 deadline fast approaching for many, businesses in the UAE are being urged to act now to secure their financial well-being and maintain their standing as law-abiding entities.