UAE: Corporation Tax Returns Must be Submitted Annually

News developments

UAE: Corporation Tax Returns Must be Submitted Annually

Emaratalyoum, 3 February 2022: The UAE’s Finance Ministry has confirmed businesses who have to pay corporation tax must submit their tax returns annually.

Only one tax return is required for each financial period and businesses will not be required to submit temporary tax returns or pay taxes in advance.

The tax returns must be submitted electronically and companies which don’t comply will be fined.

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