UAE Corporate Tax: Penalty Waiver for Late Registration

The Federal Tax Authority (FTA) has launched a new initiative to ease the burden on businesses by waiving administrative penalties for late corporate tax registration, provided specific conditions are met.

This change is part of the FTA’s ongoing efforts to help businesses in the UAE and make it easier to meet tax requirements. The waiver applies to companies that submit their corporation tax registration forms on time.

To be Eligible For The Penalty Waiver:

Entities must submit their corporate tax registration application within nine months of the end of their first fiscal year or three months of the corporate tax law's effective date (whichever is relevant).

The initiative targets all entities required to register for Corporate Tax in the UAE, especially those who:

• Have already received an administrative penalty.
• Have not yet submitted their registration application.

The FTA has encouraged all taxable persons to complete their registration and file tax returns or amendments via the EmaraTax platform to benefit from the waiver.

Click here for comprehensive guidance on Corporate Tax and the waiver initiative