All companies are required to submit Profits Tax Return annually. A newly incorporated company will receive the first Profits Tax Return after 18 months of incorporation. Three months will be allowed for preparing the accounts and audit report for the first profits tax filing. Thereafter, the tax return should be filed with the deadline depending on the Company’s Accounting Year End Date.
Company year-end date
Standard deadline for submitting audit documents to the government (IRD)
April 1 - November 30 (N code)
May 2 in the next year
December 1 - 31 (D code)
August 15 in the next year
January 1 - March 31 (M code)
November 15 in the same year
Employer’s Return of Remuneration & Pensions is required annually as well. Companies that have hired employees should report the salary and wages paid to employees for each fiscal year (April to March) in April every year.