UAE FTA Highlights Beneficiaries of Late Registration Penalty Waiver Initiative

The UAE Federal Tax Authority (FTA) issued a release on 14 May 2026 highlighting the number of taxpayers that have benefited from the Corporate Tax Late Registration Penalty Waiver initiative, which is expected to rise. As previously reported, the UAE FTA launched an initiative in May 2025 to waive or refund administrative penalties for the late submission of corporate tax registration applications, subject to the condition that tax returns (or annual declarations) are submitted within seve…