UAE Corporate Tax 2024: What SMEs Need to Know
ISZ Global Team15 November 2024
A practical overview of UAE corporate tax registration, filing deadlines, and exemptions for small and mid-size businesses.
The UAE introduced federal corporate tax in 2023, and many SMEs are still catching up on registration and compliance obligations.
Who must register? Most UAE mainland entities with taxable income above the threshold must register with the Federal Tax Authority (FTA) and file annual returns.
Key deadlines: Registration should be completed before your first tax period ends. Missing deadlines can trigger penalties — work with a verified tax advisor early.
Small business relief: Qualifying SMEs may benefit from reduced rates or exemptions. Your advisor should model your position before year-end.
ISZ Global connects you with FTA-accredited consultants in Dubai and Abu Dhabi who specialize in corporate tax onboarding and ongoing compliance.