Dubai: Private and Public Joint Stocks in UAE Register for Corporate Tax for companies If there is a delay in doing so, the Ministry of Finance will announce a new penalty. Failure to register after March 1 will attract a fine of Dh10,000. The Federal Tax Authority (FTA) informed that On Tuesday, the cabinet approved the law in this regard.
A company with an annual turnover of more than AED 3.75 lakh (Rs 84.1 lakh) 9 percent corporate tax law It came into effect on June 1, 2023. Those who fall in registration from August 1 onwards It was known that the fine would be collected from But, from March this year, the rule could be made more stringent. I am the decision. A fine of 10,000 dirhams is levied as part of this. Part of supporting enterprises and start-ups A higher profit limit of 3.75 lakh dirhams has been set. Registration has to be done through Imara tax platform.
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2024-02-28 02:01:43
