"Federal Taxes" It confirms the necessity of submitting declarations and paying corporate tax in the specified periods
Abu Dhabi, September 14 / WAM / The Federal Tax Authority stressed the importance of preparing and submitting early for corporate tax declarations and paying the tax due within the time periods specified for each tax period to avoid exposure to delay fines and tax non -compliance penalties.
In a statement in this regard, the commission stressed that all those subject to the tax taxes or those who are required to register, must submit their tax decisions or their annual statements and pay the tax due to pay the authority within a period not exceeding nine months from the date of the expiry of the tax period for each registrar “or from the end of the fiscal year for the exempted person who is required to register.”
She explained that the subsequent subsequent or delay in paying the payment of the payment companies will lead to an administrative fine of 500 dirhams per month or part of the month during the first twelve months, and 1000 dirhams per month or part of the month from the thirteenth month and beyond.
She pointed out that the tax declaration can be submitted by the tax subject, or any other person who is entitled to do so on behalf of the taxable subject such as the tax agent or the legal representative of the tax subject, and if the tax situation that was informed of the taxable is inacc
The Federal Tax Authority explained that registration for corporate tax is available through the “TAACAAAAA” platform, and customers can complete the procedures around the clock through the platform through steps characterized by ease and clarity, whether with regard to registration for tax, submitting decisions, payment of tax dues, or other tax procedures.
She stressed the importance of submitting tax declarations during the time periods specified for each tax period, explaining that all the work registered in the corporate tax demanding that their tax declarations be submitted periodically in accordance with the deadlines specified legally to submit tax decisions and pay corporate tax dues.
The authority affirmed its keenness to encourage the provision of tax decisions in full accuracy and at the time specified by providing an appropriate time frame to help those who are subject to the fulfillment of their obligations.
In this context, the Authority organized many awareness campaigns in all emirates of the state to introduce those who are subject to corporate tax and registration mechanisms, submit declarations, and pay corporate tax dues.
Representatives of the commission are also communicating with those who are subject to tax to identify their opinions and discuss ways to overcome any obstacles that may face them in a manner that guarantees the efficiency of the application of corporate tax law in a manner that does not affect their economic activities.
The Federal Tax Authority, who are subject to corporate tax, called for the corporate tax law and related legislation, including the cabinet decisions, ministerial decisions and the authority’s decisions, as well as tax evidence and general clarifications issued by the Authority and awareness -raising publications related to the companies’ tax available on the authority’s website.
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