ABU DHABI (WAM)

The Federal Tax Authority (FTA) has called on taxable persons to file their tax returns and pay the corporate tax due within nine months from the end of each person’s tax period.

According to the authority, all taxable persons, including those eligible for small business relief,  with a financial year ending on 31 December 2025 must file their tax returns and pay the corporate tax due no later than 30 September 2026.

The authority said that exempt persons are required to register to file their annual declarations to the FTA within nine months from the end of their financial year, urging all concerned to prepare early and ensure the necessary documents are ready to meet their obligations efficiently and within the statutory deadlines.

The authority confirmed that services to enable registration, tax return filing, and payment of the corporate tax due are available around the clock through the EmaraTax digital tax services platform. Individuals can file their tax returns directly through the platform, or seek assistance from approved tax agents listed on the FTA's website.

Taxable persons eligible for Small Business Relief must fulfill their compliance obligations under the Corporate Tax Law in each tax period. These obligations include registering for corporate tax, filing simplified tax returns, and maintaining all relevant documents supporting the accuracy of the information provided in their tax returns or any other documents required to be submitted.

The FTA said records and documents that must be maintained include a record of the transactions during the tax period, an asset register including details of any purchases or dispositions of assets, a record of liabilities, and a record of shares or ownership interests held at the end of the tax period.

Failure to maintain the required records and any other information specified under the Tax Procedures Law and the Corporate Tax Law will result in administrative penalties, the authority said.