Tax Update: Taxable Person Amendments on the Emaratax Portal
Taxpayers are obliged to maintain up-to-date information regarding their business on the EmaraTax portal. The relevant changes where an amendment on the EmaraTax Portal is required include changes in legal entity type, trade license, ownership structure, expiry of passport/Emirates ID, Business Activities, etc. Any change must be reported to the FTA within 20 business days …