On 3 August 2026, the UAE Federal Tax Authority (FTA) issued a clarification confirming that taxable persons benefiting from the Small Business Relief under Cabinet Decision No. 49 of 2023 must submit simplified Corporate Tax returns within the prescribed legal deadline. The relief exempts eligible businesses with revenue below AED 3 million from Corporate Tax for tax periods ending before 31 December 2026, but does not relieve them from filing obligations.
Key Takeaways
- Filing Requirement Remains: Despite the tax exemption, qualifying entities must file a simplified Corporate Tax return via the EmaraTax portal, declaring revenue and confirming eligibility criteria.
- Deadline Adherence: The FTA emphasized that late submission attracts administrative penalties under the Tax Procedures Law, urging businesses to calendar their filing dates based on their financial year-end.
- Eligibility Verification: Taxable persons must retain adequate records to demonstrate that their revenue does not exceed the AED 3 million threshold, as the FTA may conduct post-filing audits to verify relief claims.
Disclaimer: This article is compiled and summarized by the AI based on publicly available information and is for general information purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. Please consult a qualified professional tax advisor or legal counsel for tax advice.
Source: Read Official Announcement