Tue, 21-Oct-2025

UAE Imposes Dh10,000 Fine Over Late Corporate Tax Registration

UAE Imposes Dh10,000 Fine Over Late Corporate Tax Registration

The UAE introduced a new penalty of Dh10,000 for companies that registered late for corporate tax. This penalty aims to ensure businesses comply with tax regulations and register on time. The corporate tax rate is 9% for companies exceeding Dh375,000 in annual profits. The Ministry of Finance introduced a new penalty of Dh10,000 for late … Read more

UAE’s new corporate tax: A boon to business

uae

The UAE will introduce a 9 per cent corporate tax on business profits of more than Dh375,000 ($102,000) from June 1, 2023, the Finance Ministry said, in a major change of course, as the country seeks to diversify its income. For the UAE, the regional headquarters for a swathe of multinationals, the move marks a … Read more