Initiative for the Waiver of Penalties for Late Corporate Tax Registration
Issued by: Federal Tax Authority (FTA), United Arab Emirates
Purpose of the Initiative
- To support the UAE business sector by offering relief from administrative penalties.
- Encourages timely compliance with Corporate Tax registration and filing obligations.
Waiver Conditions
- Taxable persons must submit their Corporate Tax registration application within 7 months from the end of their first tax period.
- Exempt persons must submit their annual declaration within 7 months from the end of their first financial year.
Who Is Eligible?
- Businesses required to register for Corporate Tax but have not yet submitted their registration application.
- Businesses that incurred a penalty due to late registration submission.
How to Apply
- Submit the required registration application and tax return (or annual declaration for exempt entities) via the EmaraTax platform.
- Ensure submissions are made within the timelines specified to qualify for the waiver.
- For more details, please call us or visit https://thefirst-check.com/
