"Federal Taxes" Know the rules for setting income subject to corporate tax

2025/05/29 7:57:01 PM

2 minutes read

Dubai, May 29/ WAM/ The Federal Tax Authority held a workshop in Dubai on “the rules for setting income subject to corporate tax” as part of its comprehensive campaign to spread awareness of this tax among the business sectors and those involved in its application. The commission stated in a statement today that the new workshop came as part of the authority’s efforts to provide continuous cognitive support for those subject to tax and support them and encourage them to voluntarily comply with the corporate tax law that entered into force about two years ago.

The authority aims to organize 6 new attendance workshops during the remaining period of 2025. The comprehensive campaign includes a large number of events and workshops with a distance visual communication technology, and a attendance in all emirates of the state.

The authority pointed out that the campaign deals with various tax issues specialized in spreading knowledge of legislation, requirements and procedures for compliance with corporate tax, through designer and directed programs to suit each of the basic categories concerned, to ensure the ease of access to those subject to tax and support and encourage the business community to implement the corporate tax law efficiently and accurately.

The workshop – which was held in Dubai – witnessed a great demand and interaction from the participants, who numbered about 940 representatives of the business sectors, many government agencies and stakeholders.

During which representatives of the authority gave a detailed explanation about the general principles of corporate tax and the importance of voluntary compliance with tax legislation.

The Authority, who are subject to non -registered companies, called for the expedited submission of registration requests for corporate tax and to benefit from the cabinet decision regarding the initiative to exempt those who are subject to corporate tax and some categories of exempted persons demanding registration with the authority from administrative fines resulting from delay in submitting registration requests during the specified legal period.

The commission, who is subject to corporate tax (or the exempted persons demanding registration) who registered for the tax to benefit from the initiative to submit their tax decisions (or their annual statements) within a period not exceeding seven months from the date of the end of the registrar’s first tax period until the condition of exemption from the fine according to the decision.

The authority indicated that the exceptional condition to benefit from the exemption by submitting the tax declaration (or annual permit) within a period not exceeding 7 months from the date of the end of the tax period; It is only applied to the first tax period of the tax subject (or the recovered demanding), whether the date of the first tax declaration (or the first annual declaration) previously to start implementing the new decision or after the start of the decision to apply.

During the workshop, a comprehensive explanation was provided about the corporate tax law and the decisions related to it, the requirements for compliance with the law, registration procedures via the “TAX” platform for digital tax services, the criteria for identifying tax subjects, clarifying the proportions applied and tax periods, and the mechanism of applying the provisions contained in the corporate tax law.