CT FINES & PENALTIES
ZBS is a leading audit and advisory firm in Dubai, providing comprehensive Corporate Tax audit and compliance services across the UAE. Our experienced professionals deliver customized solutions tailored to your business requirements, ensuring full compliance with UAE Corporate Tax laws and FTA regulations.
Our Core CT Fines & Penalties Services
UAE Corporate Tax Compliance & Penalties
Compliance with UAE Corporate Tax law is essential to avoid fines and penalties imposed by the Federal Tax Authority (FTA). From 1 August, the FTA has implemented penalties for businesses that fail to register, maintain proper records, or comply with Corporate Tax regulations. These amendments were introduced by the UAE Ministry of Finance under Cabinet Decision No. 75 of 2023 and apply to both mainland and free zone companies operating in the UAE.
Corporate Tax Penalties in the UAE
Penalties may be imposed where required Corporate Tax records and information are not accurately maintained or kept up to date. AED 10,000 for each compliance violation AED 20,000 for repeated violations within 24 months Failure to comply may also expose businesses to further regulatory actions.
How ZBS Helps You Stay Compliant
ZBS supports businesses in meeting UAE Corporate Tax requirements through timely registration, accurate record-keeping, and ongoing compliance advisory. Our experts help minimize risks, prevent penalties, and ensure your business remains fully aligned with FTA regulations.