The Federal Tax Authority has issued updated timelines for Corporate Tax registration, and businesses that miss these deadlines may face administrative penalties.
Revised Registration Timelines
The FTA has clarified specific registration windows based on the month a business licence was issued, replacing the earlier general deadline approach.
Penalties For Late Registration
Businesses that fail to register within the applicable timeline may be subject to fixed administrative penalties as prescribed under Cabinet Decision rules.
What Businesses Should Do Now
Companies are advised to confirm their registration category and complete the process promptly to avoid last-minute compliance issues.