Public Clarification Public Clarification CTP003 Federal Tax Authority

CTP003 — first Corporate Tax period

Corporate Tax Public Clarification CTP003 — First Tax Period of a juridical person

Current version Announced 13 August 2024

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Official Arabic title
توضيح عامّ بشأن ضريبة الشركات — الفترة الضريبية الأولى للشخص الاعتباري
Document type
Public Clarification
Number
CTP003
Issued by
Federal Tax Authority
Announced
13 August 2024
Current position
Current FTA clarification (announced 13 August 2024).
Topics
Corporate Tax · Returns & payment · Registration
Official text
Arabic text · English text

Factual summary

Explains how a newly established juridical person identifies its first Corporate Tax period. Because the Corporate Tax law has no specific rule for a first financial year, the clarification follows the first financial year allowed under the applicable company law, which may be between 6 and 18 months. It also sets out the first tax period of a non-resident with a permanent establishment (it starts when the permanent establishment first begins operating) and of a foreign company effectively managed and controlled in the UAE. It also covers the deregistration timeline when the business ends during its first period.

What it means in practice Professional insight

Who: companies in their first financial year. What to do: confirm the first financial year in the constitutional documents and register, file and pay on that basis; a first period longer or shorter than 12 months moves the first return date.

What changed

  1. 13 August 2024 Announced

Relationship chain

Law → decisions made under it → amendments → guidance and announcements; oldest first within each level.

  1. 3 October 2022 Federal Decree-Law FDL 47/2022 — Corporate Tax Law In force — amended
    1. 30 December 2022 Cabinet Decision CD 116/2022 — AED 375,000 rate band — Made under Art. 3(1) In force
    2. 3 April 2023 Ministerial Decision MD 73/2023 — Small Business Relief — Made under Art. 21 In force — amended
      1. August 2023 Official guide FTA guide CTGSBR1 — Small Business Relief — Official guide Current version
      2. 29 July 2026 Ministerial Decision MD 131/2026 — SBR extended to 2029 — Amends Art. 2(2) In force
        1. 7 August 2026 Official announcement MoF news 7 Aug 2026 — SBR to 2029 — Announcement Current version
    3. 1 March 2024 FTA Decision FTA Decision 3/2024 — CT registration deadlines — Made under Art. 51(1) In force
    4. 13 August 2024 Public Clarification CTP003 — first Corporate Tax period — Clarifies Arts. 57–58 Current version

Official sources

Arabic text (opens in a new tab) English text (opens in a new tab) Official announcement (opens in a new tab)

Related services: Corporate Tax Readiness

Last verified against official sources: 5 October 2026 · اقرأ بالعربية

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General information, not tax advice. Each record is checked against the official source; where they differ, the official Arabic text prevails.