Register for corporate tax by March 1 or pay Dh10k fine

News from Khaleej Times regarding Corporate tax registration Dubai 2024:

The Ministry of Finance on Tuesday announced a new Dh10,000 fine for those who register for corporate tax late.

The penalty was introduced to encourage taxpayers to comply with tax regulations, and register in a timely fashion. The penalty amount for late tax registration is aligned with the penalty associated with late registration for excise tax and value added tax.

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