Tax UAE waives late registration fines for corporate tax filers By Sunil Singh May 1, 2025, 7:43 AM The FTA is refunding collected late corporate tax fines for those meeting new compliance criteria The UAE has waived late registration fines for corporate taxpayers and certain exempt persons who failed to register with the Federal Tax Authority (FTA) within the deadline. The cabinet decision announced by the ministry of finance and the FTA, aims to bolster “voluntary tax compliance environment” and ease “financial burdens on businesses”, the UAE state-run news agency Wam reported. The exemption will apply to only those eligible entities which file their tax return or their annual financial statements within seven months from the end of their first tax period, Wam said. UAE to impose penalty for unpaid corporate tax UAE rolls out digital VAT-refund scheme as transactions rise 104% UAE pension plans aim to ease end-of-service headaches The FTA also confirmed that it will start the process to refund administrative fines collected from individuals who meet the specified criteria. “The decision is expected to significantly support the UAE’s ongoing effort to ensure better compliance during the first year of corporate tax implementation,” the ministry of finance and the FTA said. Register now: It’s easy and free AGBI registered members can access even more of our unique analysis and perspective on business and economics in the Middle East. Why sign uP Exclusive weekly email from our editor-in-chief Personalised weekly emails for your preferred industry sectors Read and download our insight packed white papers Access to our mobile app Prioritised access to live events Register for free Already registered? Sign in I’ll register later
