The Federal Tax Authority (FTA) is calling on all corporate taxpayers in the UAE—both taxable entities and exempt persons required to register—to take immediate action and register for corporate tax within the legal timeframe to benefit from a newly introduced penalty waiver.
Under a Cabinet Decision, the FTA has granted a limited-time exemption from administrative penalties for businesses that submit their corporate tax registration and file their first return or annual declaration within seven months of the end of their first tax period. This grace period applies only to the first tax period, regardless of when the deadline falls relative to the waiver’s announcement.
To qualify, businesses must register through the FTA’s EmaraTax platform and file the necessary documentation within the 7-month window. Delays beyond this deadline will result in fines under the UAE’s Corporate Tax Law.
As part of its national campaign to promote voluntary compliance, the FTA is conducting workshops across the country—both online and in person—to educate businesses on taxable income, registration requirements, and compliance obligations. A recent session in Abu Dhabi saw 940 attendees receive expert guidance on determining taxable income and using EmaraTax.
The FTA encourages all businesses to consult the Corporate Tax Law, Executive Decisions, and detailed guides available on its website to ensure timely compliance and avoid unnecessary penalties.
