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UAE Imposing Penalty of AED 10,000 for Late Corporate Tax Registration

29 February 2024

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Approved Changes

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United Arab Emirates

On 27 February 2024, the UAE Ministry of Finance announced an administrative penalty of AED 10,000 for late corporate tax registration. The penalty was set via Cabinet Decision No. 10 of 2024. --- AED10,000 Penalty for Late Corporate Tax Registration The Ministry of Finance today announced the issuance of Cabinet Decision No. 10 of 2024, amending the schedule of violations and administrative penalties of Cabinet Decision No. 75 of 2023 on the administrative penalties for violations related to the application of Federal Decree-Law No. 47 of 2022 on the taxation of corporations and businesses. Cabinet Decision No.10 of 2024 will...