Every taxable person which includes a Free Zone Person, requires to register for Corporate Tax.
Taxable persons having taxable income above AED3,75,000 has to pay tax @ 9% & taxable
income up to AED375,000 is charged 0%.
Due date to obtain Corporate Tax registration
> If Trade license obtained in January or February month, register before 31.05.2024.
> If Trade license obtained in March or April month, register before 30.06.2024.
Penalty
> Penalty for not obtaining Corporate Tax registration amounts to AED 10,000.
