DXB sets new global benchmark as record traffic volumes become the norm

Dubai Airports today announced that Dubai International (DXB) welcomed 95.2 million guests in 2025, up 3.1% year on year, marking the busiest year in the airport’s history and the highest annual international passenger traffic ever recorded by any airport.

More significantly, 2025 was defined not by a single peak, but by sustained performance at record levels. DXB achieved its busiest day, month, quarter and year on record, operating at the edge of physical capacity while consistently delivering operational excellence. What would represent extraordinary strain elsewhere has become part of DXB’s normal operating rhythm.

December closed as the busiest month in DXB history, with 8.7 million guests, up 6.1% year on year. The fourth quarter was also the busiest ever, with 25.1 million guests, an increase of 5.9% compared to the same period in 2024.

Total flight movements reached 118,000 in Q4, up 5%, bringing the annual total to 454,800 a rise of 3.3% year on year. Despite continued growth in movements, average passengers per movement remained strong at 214, reflecting sustained deployment of larger aircraft and high load efficiency. The annual load factor stood at 77.6%, a marginal adjustment of 0.5 percentage points.

Consistency at Scale

Rather than a story of isolated surges, 2025 demonstrated DXB’s ability to operate continuously and deliver a superior guest experience at record levels through disciplined planning and close coordination across the oneDXB community comprising airlines, service partners and government stakeholders.

DXB efficiently managed 86.75 million bags in 2025, a 4.95% year-on-year increase, marking the highest ever baggage volume handled during the calendar year. Highlighting the airport’s commitment to operational excellence, 89% of all arriving baggage was delivered to guests terminating at DXB within 45 minutes of the aircraft arriving on stand. DXB continued to deliver world-class mishandled baggage performance at 99.75%, translating to 2.47 mishandled bags per 1,000 guests. Guest processing times also remained stable at scale, with 99.35% of guests experiencing waiting times of less than 10 minutes at departure passport control, while 98.8% waiting under 15 minutes at arrival passport control. Security check waiting times remained below 5 minutes for 98.9% of guests.

Broad and Balanced Global Connectivity

India retained its position as DXB’s largest country market with 11.9 million guests, followed by the Kingdom of Saudi Arabia at 7.5 million, the United Kingdom at 6.3 million, Pakistan at 4.3 million, and the United States at 3.3 million.

Several markets recorded particularly strong growth during the year. Traffic from China increased 16.6% to 2.5 million, Russia grew 6% to 2.8 million, Turkey rose 6.7% to 2.2 million, Egypt expanded 14.3% to 1.8 million, and Italy climbed 12.5% to 1.6 million.

London remained DXB’s busiest city destination with 3.9 million guests, followed by Riyadh at 3 million, Mumbai and Jeddah at 2.4 million each, and New Delhi at 2.2 million.

By the end of 2025, DXB was connected to 291 destinations across 110 countries, served by 108 international airlines, reinforcing its position as one of the most globally connected hubs in the world.
Paul Griffiths, CEO of Dubai Airports, said, “Airports are often defined by moments of intensity, but long-term performance is defined by how well those moments are sustained. In 2025, DXB showed that record traffic is no longer an exception, but part of its operating reality. That consistency at scale reflects the maturity of the system and the strength of collaboration across our oneDXB airport community to deliver excellence under growing demand. We expect traffic to approach 99.5 million in 2026, supported by close coordination across the sector and the oneDXB community.”

Outlook

With demand continuing to build and capacity carefully managed, Dubai’s airports are entering a phase where performance is defined not by how high it can surge, but by how reliably it can sustain growth while consistently delivering a superior guest experience. As traffic patterns evolve, the complementary role of Dubai World Central – Al Maktoum International (DWC) will continue to expand, ensuring the emirate remains prepared for the next era of global aviation.

Source: https://mediaoffice.ae/en/news/2026/february/11-02/dxb-sets-new-global

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Dubai’s tourism industry achieves third successive record-breaking year

– Dubai’s tourism industry achieves third successive record-breaking year with 19.59 million international visitors in 2025, up 5% YoY

Strategic partnerships, global marketing campaigns and major events contributed to Dubai welcoming 19.59 million international overnight visitors in 2025, marking a 5% increase compared to 18.72 million arrivals in 2024, according to data published by the Dubai Department of Economy and Tourism (DET), and a third successive year of record-setting figures. The city ended the year by welcoming more than 2 million visitors in a single calendar month for the first time in December, building strong momentum heading into 2026.

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence of the UAE, and Chairman of The Executive Council of Dubai, said the remarkable annual performance of the city’s tourism industry reflects the strategic vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and the ambitious goals set out in the Dubai Economic Agenda, D33.

“Dubai’s strong tourism growth momentum has been driven by the leadership’s commitment to building a city that connects the world, creates opportunity, and offers distinctive and enriching experiences for global travellers. By further enhancing the city’s exceptional infrastructure and forging strong global partnerships, we continue to consolidate Dubai’s emergence as one of the world’s most sought after destinations. Dubai’s success also reflects the city’s diversity, cultural vibrancy, and its ability to continuously evolve its tourism and hospitality offerings. Through close collaboration between all stakeholders, we are focused on driving greater innovation and raising service excellence across the tourism ecosystem.”

“The tourism sector is one of the key drivers of economic diversification and sustainable growth, in line with the goals of the Dubai Economic Agenda D33. We are focused on further developing Dubai’s integrated tourism ecosystem to reinforce its status as a leading global destination for business and leisure and one of the world’s best cities to visit, live and work in.” His Highness added.

Growth in key regions
DET’s diversified year-round market strategy, delivered in collaboration with domestic stakeholders and more than 3,000 international partners, showcased Dubai to new and returning visitors from both traditional and emerging markets. This led to an increase in arrivals from key regions, while also attracting new permanent residents, investors and businesses. In December, the city welcomed 2.04 million international overnight visitors, marking 6% year-on-year growth. The previous record month for the city was January 2025, with 1.94 million visitors.

According to DET’s full year data, the GCC and MENA proximity markets had a combined 26% share of overall visitors to Dubai in 2025, with 2.99 million (15%) and 2.17 million (11%) arrivals respectively. Western Europe was again the largest source market to Dubai, with 4.1 million visitors (21%), up from 3.74 million in 2024, followed by CIS and Eastern Europe (2.89 million; 15%), South Asia (2.89 million; 15%), North East and South East Asia (1.85 million; 9%), the Americas (1.40 million; 7%), Africa (897,000; 5%) and Australasia (401,000; 2%).

His Excellency Helal Saeed Almarri, Director General of the Dubai Department of Economy and Tourism (DET), said: “Under the visionary leadership of His Highness Sheikh Mohammed bin Rashid Al Maktoum and His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Dubai’s 2025 tourism performance reflects the strength of our economic model, one anchored in effective public-private collaboration and aligned with the Dubai Economic Agenda, D33. Tourism continues to be a key driver of economic diversification, delivering tangible impact through GDP growth, investment inflows, and global talent attraction. Our focus remains on scaling sustainable, accessible growth and accelerating progress toward the D33 ambition to double Dubai’s economy by 2033.”

The continued growth in visitation reflects the strength of Dubai’s diversified destination strategy, delivered in close partnership with the public and private sector. Building on Dubai’s ranking as the world’s leading hub for Greenfield Foreign Direct Investment (FDI) project attraction, tourism and hospitality continues to be a key driver for economic growth, contributing significantly to the emirate’s gross domestic product (GDP) and supporting the wider D33 ambition to double the size of the emirate’s economy by 2033. According to data published in the Financial Times Ltd’s ‘fDi Markets’ tracking database, in the first half of 2025, hotels and tourism (21.3%) was one of the top five sectors for total estimated FDI capital flows into Dubai.

Hotel sector performance
Adding to its appeal for international audiences, new openings and the launch of strategic initiatives saw Dubai’s hotel and hospitality sectors record impressive results in 2025. By the end of December, the city’s hotel inventory reached 154,264 rooms across 827 establishments, which puts it well ahead of global peer cities such as Bangkok, New York, Paris and Singapore, and almost on par with London in terms of total room inventory. In 2025, the city welcomed new property openings across all segments and in various locations, including Ciel Dubai Marina, Vignette Collection by IHG, the world’s tallest hotel; Jumeirah Marsa Al Arab; Mandarin Oriental Downtown, Dubai; Cheval Maison – Expo City; and Vida Dubai Mall.

Average occupancy for hotels in Dubai stood at 80.7% in 2025, up from 78.2% in 2024, according to DET’s hospitality metrics. Occupied room nights increased by 4% to 44.85 million in 2025, compared to 43.03 million in 2024, with guests’ length of stay averaging 3.7 nights. The average daily rate (ADR) rose to AED579, an increase of 8% compared to AED538 in 2024, while revenue per available room (RevPAR) increased by 11% to AED467 compared to AED421 the previous year.

His Excellency Issam Kazim, CEO of the Dubai Corporation for Tourism and Commerce Marketing (DCTCM), part of DET, said: “Guided by visionary leadership, Dubai’s record international visitation is a testament to global confidence in the destination and the effectiveness of policies aligned with the Dubai Economic Agenda, D33, as well as the collective strength of partnerships across sectors and communities that defines our city. We’re attracting the world’s top talent through progressive visa policies and positioning Dubai as the destination of choice for entrepreneurs, remote workers, and families, and elevating Dubai as the world’s leading hub across a wide range of economic sectors. As we look forward, our priorities will be to continue enhancing Dubai’s global competitiveness through digital innovation and providing exceptional guest experiences at every touchpoint, with powerful momentum after surpassing the 2 million figure for a single month in December for the first time. In partnership with stakeholders across the public and sectors, we remain dedicated to sustained investment in capacity, infrastructure development, and initiatives to make Dubai the world’s best city to visit, live and work in.”

In 2025, a number of new initiatives were introduced to drive the growth in Dubai’s hospitality sector. Launched by DET in October, the Hotel Incentive Programme for investors is designed to stimulate development in future high-growth areas, and applies to new hotels, resorts, hotel apartments and other facilities located within Dubai South, Palm Jebel Ali, Dubai Parks, and the Dubai Islands.

Developed by DET, a citywide introduction of a one-time contactless hotel guest check-in solution was also unveiled in December, which will allow guests to bypass in-person check-in procedures once implemented at the city’s hotels and holiday homes to maximise time in the city.

Campaigns and partnerships 
Showcasing Dubai’s ever-evolving and diverse destination offering, the Dubai Corporation for Tourism and Commerce Marketing (DCTCM), part of DET, launched a series of campaigns in 2025, including ‘Find Your Story’, with Millie Bobby Brown and Jake Bongiovi; ‘Dubai. That’s How You Summer’; and ‘Dubai, Ready for a Surprise?’, with Virat Kohli and Anushka Sharma. These dynamic global marketing campaigns continue to be a key driver of visitation by promoting Dubai to new international audiences.

Further supporting the goals of the D33 Agenda, DET signed strategic partnerships in 2025 with global organizations such as Marriott International, Visa, Hyatt, Premier Inn, and Amadeus to enhance the visitor experience and elevate the city’s global appeal. A highlight last year was the unveiling of the Beautiful Destinations Academy, Powered by Dubai, to further develop the creator community.

Launched in April by DET in partnership with Beautiful Destinations, the pioneering professional development initiative sets new global benchmarks for travel content creation.

Global recognition
Reinforcing a commitment to accessible travel, sustainability and safety, Dubai received multiple global accolades in 2025. One of the year’s biggest milestones came in April when Dubai was recognised as the first Certified Autism Destination™ in the Eastern Hemisphere. Other major accolades saw Dubai ranked as one of the world’s top ten safest cities in Numbeo’s Safety Index by City and named the world’s best city for solo female travellers in a study by travel insurance company InsureMyTrip, receiving the highest scores across the 62-city survey for ‘feeling safe’ and for ‘feeling safe walking alone at night’.

The World’s 50 Best Hotels 2025 list was announced in October with Dubai having three properties included: Atlantis The Royal at No.6, Jumeirah Marsa Al Arab a new entry at No.20, and The Lana Dubai at No.35. The first MICHELIN Key hotels in the Middle East were also revealed in October, with 13 Dubai-based hotels awarded keys and 34 selected for a ‘high quality stay’.

On The World’s 50 Best Restaurants 2025 list, announced in June, two Dubai restaurants were included in the top 50. Trèsind Studio was ranked at No.27, and named the best restaurant in the Middle East, while Orfali Bros re-entered the top 50, ranking at No.37. It was also announced in October that cultural food tours in Old Dubai had been named as one of the top global experiences for 2026 in Lonely Planet’s Best In Travel guide, spotlighting Dubai’s diverse and unique culinary scene.

In 2025, Dubai International (DXB) retained its position as the world’s busiest airport for international passengers for the 11th consecutive year, according to Airports Council International (ACI). DXB achieved its highest quarterly traffic in Q3 2025, welcoming 24.2 million guests between July and September – a 1.9% increase year-on-year. Total traffic for the first nine months of 2025 was 70.1 million guests, a 2.1% increase year-on-year.

Major events and festivals
Developed and managed by Dubai Festivals and Retail Establishment (DFRE), part of DET, the city’s retail calendar and marquee events such as the Dubai Shopping Festival (DSF), Dubai Summer Surprises (DSS) and Dubai Fitness Challenge (DFC) continued to attract international visitors throughout the year. In 2025, it was a record edition for DFC with over three million total participants, up from 2.7 million participants in 2024. This year it will celebrate its tenth edition.

Concluding the sporting year in December, the inaugural World Sports Summit organised by Dubai Sports Council welcomed more than 1,500 global sports leaders to the city. Aligned with the objectives of the Dubai Sports Sector Strategic Plan 2033, the summit reinforced Dubai’s position as a global hub for sports tourism and events. Looking ahead to the biggest events in 2026, the prestigious Dubai World Cup will mark a historic milestone with its 30th running since the inaugural race in 1996.
At the 2025 World Travel Awards, Dubai was named the world’s leading exhibition destination. Dubai Business Events (DBE), the city’s official convention bureau and part of DET, secured 504 successful bids in 2025 to host events through to 2029, including major congresses and high-profile incentive programmes. This achievement marked a 15% increase compared to the previous year, and represented a strong success rate from a total of 747 bids submitted, up 11% year-on-year.

Education and training
Dubai College of Tourism (DCT), established by DET, achieved notable progress in 2025, reinforcing its position as a leader in hospitality education and workforce development. In March 2025, DCT announced additional apprenticeship qualifications including the launch of Hospitality Apprenticeship Programme for Emiratis followed by a partnership with Emirates Flight Catering to expand the Culinary Arts Apprenticeship Programme. DCT graduated its first intake of students of determination in December having successfully completed a practical skills course designed to assist them to enter the workforce. A significant milestone was also achieved in 2025, with DCT securing onward articulation pathways for students to UK BA top up programmes in Hospitality, Events and Tourism. The knowledge and resourcefulness of the tourist-facing-workforce is a critical pillar for DCT and the online training platform, Dubai Way, crossed over 200,000 students, with over 70,000 now having completed training in Autism and Sensory Awareness.

Aligned with the D33 Agenda, these initiatives demonstrate DCT’s commitment to developing the city’s tourism workforce, integrating Emiratis into the private sector, and consolidating Dubai’s position as a premier global destination for hospitality excellence.

Sustainability initiatives 
Aligned with the goals of the D33 Agenda, Dubai 2040 Urban Master Plan, and Quality of Life Strategy 2033, Dubai’s flagship sustainability initiatives achieved significant milestones in 2025. DET’s Dubai Sustainable Tourism (DST) drive recognised 153 hotels with the DST Stamp in February 2025, representing a 118% increase from the previous year’s 70 hotels. The recognition system awarded 18 hotels gold tier status, 64 silver, and 71 bronze based on assessments of energy efficiency, water conservation, and waste management practices. Submissions have already been made for the third cycle of the DST Stamp, with awardees to be announced soon.

Dubai Can’s Refill for Life initiative expanded its water refill station network in 2025 with redesigned stations featuring improved user-friendliness and advanced technology. By the end of the year, the initiative had eliminated 42.7 million single-use plastic bottles while dispensing more than 21.3 million litres of water via 65 strategically positioned stations. DUBAI REEF, one of the largest purpose-built reef developments in the world, also progressed with more than 68% of its planned 20,000 reef modules fabricated and more than 47% deployed by the end of 2025, supporting the conservation of local marine species.

Gastronomy
Dubai further cemented its position as one of the world’s fastest-growing and most exciting culinary capitals with a host of new restaurant openings which showcased the city’s diverse gastronomy scene. Home to a variety of gastronomical experiences appealing to all budgets and preferences, Dubai’s food and beverage sector is influenced by the tastes of nearly 200 nationalities who call the emirate home. Standout new openings in 2025 included New York-style Italian restaurant CARBONE at Atlantis The Royal, high-end Chinese restaurant brand China Tang at The Lana Dorchester Collection, and a range of dining experiences at the five-star Jumeirah Marsa Al Arab resort.

Unveiled in May, the fourth edition of the MICHELIN Guide Dubai featured a total of 119 restaurants across 35 cuisines, including FZN by Björn Frantzén and Trèsind Studio being named the city’s first three-starred restaurants. The 2025 MICHELIN Guide also included three two-starred restaurants, 14 one-starred, 22 Bib Gourmands, and three MICHELIN Green Stars. With this latest recognition for FZN, Björn Frantzén became the first chef globally to hold three MICHELIN stars for three different restaurants, while homegrown concept Trèsind Studio became the world’s first Indian MICHELIN three-starred restaurant.

Outlook for 2026 and beyond 
Looking ahead, Dubai will accelerate its D33 vision with bold infrastructure advancements and cultural milestones. As the UAE observes the Year of the Family in 2026, Dubai is reinforcing the values that make it more than just a destination. The Ramadan month and Season of Wulfa period will showcase a shared heritage, bringing people together through authentic cultural experiences and community gatherings that celebrate the nearly 200 nationalities that reside in the city.

New and upcoming developments that will cater to the growing population and tourism numbers include the expansion of Al Maktoum International Airport (DWC) and the construction of the Dubai Metro Blue Line, which will further integrate neighbourhoods, making the city even more welcoming and accessible.

The extensive infrastructure developments and strategic initiatives planned for 2026 and beyond will further strengthen Dubai’s tourism proposition. Through the seamless fusion of cutting-edge technology, preserved cultural authenticity, and sustainable urban planning, Dubai is shaping a future-forward metropolis that sets new benchmarks for destination excellence. These transformative investments ensure the emirate remains at the forefront of global tourism while establishing a resilient, sustainable foundation for future generations.

Source: https://mediaoffice.ae/en/news/2026/february/09-02/dubais-tourism-industry-achieves-third-successive-record-breaking-year

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UAE financial authority warns of unlicensed company

The UAE’s Capital Market Authority (CMA) has issued an important advisory to the public, warning individuals and investors against dealing with Volcano Capital Marketing Management, a company found to be operating without the required financial license.

In a notice published on Tuesday, January 13, the authority confirmed that Volcano Capital Marketing Management is not authorized to carry out any regulated financial activities or provide investment-related services within the UAE. The CMA emphasized that it bears no responsibility for any losses or transactions conducted with this unlicensed company.

The public is strongly advised to verify a company’s regulatory status before engaging in any form of financial dealings. The authority urged investors to always ensure that the firms they work with are registered and licensed under UAE law to protect themselves from potential fraud and financial misconduct.

This is not the first time the authority has issued such a warning. On December 4, the CMA cautioned residents about a Dubai-based company, Global Capital Securities Trading, which was posing as a legitimate capital trading firm. The entity was reportedly operating from a representative office linked to Global Capital Market Limited, but without proper authorization to conduct trading or investment activities in the country.

The UAE continues to take a firm stance against unlicensed financial operations, reinforcing its commitment to maintaining transparency, investor protection, and regulatory compliance across the financial sector.

Source: https://www.khaleejtimes.com/business/uae-financial-authority-warns-of-unlicensed-company?_refresh=true

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The UAE Government Is Considering A Major Tax Incentive Program

The UAE Ministry of Finance (MoF) has initiated a digital public consultation to explore the potential implementation of a Research and Development (R&D) Tax Incentive program within the framework of the UAE Corporate Tax Law.

This consultation, open from April 19 to May 14, 2024, seeks valuable input from relevant stakeholders, including businesses operating in the UAE, tax advisors, service providers, academic institutions, and investors. The MoF aims to gain insights into the scope of R&D activities conducted within the UAE, determine the appropriate coverage of the potential R&D Tax Incentive, and establish efficient implementation and administration processes.

Recognizing the novelty of an R&D Tax Incentive in the UAE, the MoF has included a Guidance Paper as part of the consultation. This paper aligns with the definition of R&D outlined in the Organisation for Economic Co-operation and Development’s (OECD) Frascati Manual, providing stakeholders with a clear understanding of qualifying R&D activities.

The MoF encourages all participants to submit clear and concise feedback. They particularly welcome responses that incorporate supporting examples, data, or any other relevant information to strengthen their viewpoints.

The deadline for submissions is May 14, 2024. All responses will be treated confidentially and will not be publicly disclosed.

 

Publish 19 Apr 2024

Source: https://www.arabianbusiness.com/politics-economics/uae-considers-major-tax-incentive

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FTA Unveils Taxpayer Charter Outlining UAE Tax Rights & Duties

The Federal Tax Authority (FTA) has implemented the Taxpayer Charter, a comprehensive document outlining the rights and responsibilities of taxpayers within the UAE tax system.

This initiative underscores the FTA’s commitment to transparency and clarity. The Charter aims to enhance taxpayer awareness and facilitate self-compliance with tax regulations.

Key Provisions of the Taxpayer Charter:

Taxpayer Rights: The Charter guarantees taxpayers fair, professional, and respectful treatment by the FTA. It ensures consistent application of tax laws, protects taxpayer privacy and confidentiality, and considers individual circumstances when dealing with the Authority. Additionally, taxpayers have the right to timely responses to inquiries, access to accurate tax information, representation by qualified professionals, and the ability to appeal decisions or lodge complaints.

Taxpayer Obligations: The Charter emphasizes the importance of full compliance with all applicable tax requirements. Taxpayers are obligated to provide complete and accurate information on a timely basis, cooperate with the FTA and its staff, and support the Authority’s efforts to deter tax evasion.

Enhancing Taxpayer Awareness:

The Taxpayer Charter represents one of several initiatives undertaken by the FTA to raise awareness about the UAE tax system. These initiatives include workshops led by tax experts, informative manuals and guidelines, and public clarifications published on the FTA’s website.

 

Publish 17 Apr 2024

Source: https://www.arabianbusiness.com/culture-society/uae-issues-taxpayer-charter-outlines-2024-tax-rules/

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Corporate Tax Registration in the UAE: A Guide to Deadlines

The Federal Tax Authority (FTA) has announced revised deadlines for corporate tax registration in UAE. This initiative, part of the FTA’s ongoing taxpayer awareness campaign, aims to ensure resident juridical persons established before March 1, 2024, comply with their corporate tax obligations.

Registration deadlines are determined by the date a juridical person’s license was issued. The FTA clarifies that companies with licenses issued in January or February, regardless of the year, must register for corporate tax by May 31, 2024.

For entities lacking a license on March 1, 2024, a three-month grace period applies. These entities must register for corporate tax by May 31, 2024, to remain compliant.

The FTA has established a comprehensive registration schedule based on license issuance month:

  • March-April issuance: Deadline June 30, 2024
  • May issuance: Deadline July 31, 2024
  • June issuance: Deadline August 31, 2024
  • July issuance: Deadline September 30, 2024
  • August-September issuance: Deadline October 31, 2024
  • October-November issuance: Deadline November 30, 2024
  • December issuance: Deadline December 31, 2024

 

Publish 30 Mar 2024

Source: https://www.khaleejtimes.com/uae/uae-corporate-tax-know-about-registration-deadlines/

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Importance of New UAE Corporate Tax Registration Deadlines for Businesses

The Federal Tax Authority (FTA) has established new registration deadlines for businesses subject to UAE corporate tax in 2024. These deadlines supersede previous assumptions regarding registration timing.

While the new approach provides clarity on required actions, some uncertainties remain. Guidance on determining a business’s fiscal year may be forthcoming. Businesses should proactively monitor all FTA releases to ensure compliance.

The growing complexity of UAE tax regulations underscores the value of a dedicated company secretary function, responsible for managing tax compliance tasks.

Previously, businesses could register for corporate tax before settling any tax liability. Now, deadlines exist based on trade license issuance dates. Failure to initiate registration by the deadline incurs a Dh10,000 penalty. Importantly, the penalty applies for not starting the process, not for incomplete applications by the deadline.

Appeal options exist for rejected applications. However, success rates are unclear. Additionally, system-related challenges may arise, particularly for businesses already registered for VAT.

The FTA portal requires businesses to maintain current supporting documents. While the previous requirement for continual updates was discontinued, recent reminders highlight expired documents. These must be updated before initiating corporate tax registration. Potential delays may occur due to the review process for updated documents.

Misinformation regarding deadlines circulated following the announcement. Businesses are advised to seek professional guidance and act well ahead of their applicable deadlines to ensure smooth registration and avoid penalties.

 

Publish 6 Mar 2024

Source: https://www.thenationalnews.com/business/comment/2024/03/04/uae-corporate-tax-why-its-important-to-take-note-of-new-deadlines/

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