"Federal Taxes" It demands that those who are subject to corporate tax to expedite the submission of declarations and pay the dues

Abu Dhabi, September 24 / WAM / The Federal Tax Authority is subject to companies ’tax“ or the exempted persons demanding registration ”to expedite the provision of their tax declarations“ or their annual statements ”and pay the tax of the companies entitled to pay the authority within a period not exceeding nine months from the date of the end of the tax period for each registrar” or from the end of the fiscal year for the exempted person. Registration “to avoid delay fines in submitting the declaration and delay in payment.

She emphasized that all those subject to corporate tax, regardless of the value of income; They must submit tax declarations, as this constitutes a basic legal commitment that must be made to ensure accurate compliance with tax legislation, calling on registered businesses to submit declarations as soon as possible and not wait to the end of the specified deadline so that the probability of delay in submitting decisions and paying the tax for any reasons does not increase.

The commission stressed the importance of paying the tax due before the end of the period specified enough to reach the authority before the last day of the payment, and not to wait for the last moments, which may lead to the amount of the amount to reach the authority after the date, and thus exposure to administrative fines, indicating that the process of payment and electronic transfer of the authority may take some time by banks and banks and does not take place at the same moment of payment, and in the case of collection after the virtue The specified tax is subjected to a delay fine.

The Federal Tax Authority pointed to the necessity of all registrants to make sure of the corporate tax on the dates of their tax periods based on the fiscal year for each registrar, as well as checking the periods specified for submitting declarations and paying the tax dues, by entering the “TAX” platform for digital tax services to learn about this updated information accurately.

She explained that, for example, the works that ended in the end of last December 2024 can submit their declarations immediately via the “Emirates Tax” platform available around the clock, through steps characterized by clarity, ease and speed, pointing to the importance of making sure to enter the information correctly and in full accuracy, and after that the entitlements are paid via the “TAX” platform before the expired period ends To pay at the end of September 2025 with a sufficient time allowing the process of paying the tax payment.

The authority indicated that it is not required to implement my steps to submit the declaration and pay the tax due at the same time, and that those who are subject to the tax if the order is required to use tax agents for the purposes of the tax approved by the authority and included in the official website of the authority to help them to carry out these procedures.

The Federal Tax Authority indicated that, according to the decree of a federal law regarding the tax on companies and businesses and its executive decisions, the one who is subject to corporate tax must submit the tax declaration in accordance with the specified forms and procedures, and among the basic information that must be included in the tax declaration the tax period that relates to the tax declaration, the name and address of the tax subject and the tax registration number, the date of submitting the declaration, The accounting used in the financial statements, the taxable income for the tax period, the amount of tax losses required, the amount of tax losses, the available tax balances required by the law, and the taxpayer tax due for the tax period.

It called on those who are subject to corporate tax to review the corporate tax law, decisions issued by the cabinet and relevant ministerial decisions, in addition to the evidence, instructions and general clarifications issued by the authority to ensure accurate compliance and in the specified dates.

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