FTA grants administrative penalty exemption for late tax registration and filings—encouraging early compliance and reinforcing the UAE’s transparent, business-friendly tax regime. Good News for UAE Companies: Corporate Tax Penalties Waived In a significant development that supports businesses and promotes voluntary compliance, the Federal Tax Authority (FTA) of the United Arab Emirates has announced the waiver of administrative penalties for companies that failed to submit their corporate tax registration applications on time. The decision, issued by the UAE Cabinet and revealed by the FTA on May 7, 2025, is expected to ease the compliance burden on new registrants and reinforce confidence … Continue reading UAE Waives Corporate Tax Penalties for First-Timers in Major Compliance Boost