According to the FTA, all registered taxpayers – including entities with exempt status – are required to file their Corporate Tax returns (or annual declarations) and pay any applicable tax within nine months from the end of their tax period.
Businesses are advised to prepare supporting documents in advance, such as trade licences, financial statements, and details of business activities, to ensure accurate and timely submissions.
The Authority emphasised the need for accurate and complete returns, encouraging companies to act early to avoid last-minute challenges. It reiterated its commitment to supporting businesses by providing clear guidance and adopting global best practices in tax administration.
