Corporate Tax –  UAE Don’t forget to register!

Deadline for Corporate Tax Registration

The deadlines for corporate tax registrations have been established by the UAE Federal Tax Authority, and taxable individuals are strongly encouraged to complete timely registration to prevent any violations of tax laws.

The Federal Tax Authority of the UAE has issued Decision No. 3 of 2024, which outlines the timeline for the registration of taxable persons for corporate tax. This decision is in accordance with the provisions of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses and its subsequent amendments.

Can a business claim VAT for a customer dinner?
No, VAT on dinners for customers or potential clients is non-recoverable.
What about staff lunches during meetings?
If the lunch is part of the normal meeting, VAT is recoverable.
Are staff parties or galas VAT-recoverable?
No, parties, celebrations, or entertainment events for staff are not VAT-recoverable.
Can I recover VAT on employee gifts?
You can't recover VAT on gifts if they are entertainment in nature, like festival gifts or retirement presents.
Who helps businesses with VAT compliance in Dubai?
Mubarak Al Ketbi (MAK) Auditing offers expert help for VAT registration, recovery, and compliance in Dubai.

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