UAE Launches Penalty Waiver Initiative To Encourage Corporate Tax Compliance

To support businesses during the early phase of corporate tax implementation, the UAE Ministry of Finance (MoF) and the Federal Tax Authority (FTA) have announced a new Cabinet Decision. This initiative waives administrative penalties for corporate taxpayers and certain exempt entities. This initiative targets those who failed to submit their corporate tax registration applications within … Continue reading UAE Launches Penalty Waiver Initiative To Encourage Corporate Tax Compliance