The Federal Tax Authority (FTA) hosted a high-attendance workshop in Dubai today as part of its national campaign to boost awareness and compliance with the UAE’s Corporate Tax Law.
Nearly 940 representatives from businesses, government entities and key stakeholders participated in the session titled ‘Rules for Determining Income Subject to Corporate Tax’. The workshop focused on the general principles of corporate tax, clarifying how income is determined, reported, and taxed under the law that came into effect two years ago.
The event is part of a broader initiative by the FTA to promote voluntary compliance and ensure that taxpayers are well-informed about their obligations. Six more in-person workshops are scheduled across the country before the end of 2025, alongside a range of virtual and physical sessions covering all seven emirates.
The FTA also reiterated its call for eligible businesses and exempt persons required to register to submit their corporate tax returns within seven months from the end of their first tax period. Doing so would allow them to benefit from the UAE Cabinet Decision that waives administrative penalties for late registrations, provided submissions are made within the specified legal window.
Topics discussed included accounting standards, accrual-based income recognition, and definitions of financial elements in line with IFRS. Attendees also received guidance on registration procedures via the EmaraTax platform and criteria for determining taxable persons, applicable rates, and filing deadlines.
The FTA confirmed that the campaign, launched in phases since 2024, aims to simplify access to tax information, enhance clarity, and support the business community in complying efficiently with the corporate tax framework.
News Source: Emirates News Agency