UAE corporate Tax: New Dh10,000 fine announced for late registration

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CA Amarakoon Susantha
CA Amarakoon Susantha

AM Susantha is an experienced Tax Advisor at NAM Accountants in Dubai, with expertise in corporate and international taxation. He offers tailored tax solutions that align with clients' financial goals.

Penalties for UAE Corporate Tax

The cabinet decision will come into effect on March 1

On Tuesday, the Ministry of Finance unveiled a fresh penalty of Dh10,000 for individuals who fail to promptly register for corporate tax. This measure aims to motivate taxpayers to adhere to tax regulations by ensuring timely registration. The fine for late tax registration mirrors the penalties associated with delayed registration for excise tax and value-added tax.


Cabinet Decision No. 10 of 2024, disclosed today, brings modifications to the violation schedule and administrative penalties outlined in Cabinet Decision No. 75 of 2023. The latter document delineated administrative penalties set by the Federal Tax Authority (FTA) for breaches related to the Corporate Tax Law, with these penalties becoming effective on August 1, 2023.


Commencing from March 1, 2024, the newly introduced fine will be applicable.


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