Latest Updates
Stay up-to-date with the latest developments in UAE finance, tax, VAT, and compliance. Our News section offers expert insights, regulatory updates, and essential information for businesses and professionals alike, helping you make informed decisions in a constantly evolving financial landscape.
📢 Important Update!
FTA’s Penalty-Free Grace Period for Tax Record Updates
The Federal Tax Authority (FTA) has introduced a penalty-free grace period until March 31, 2025! This is an excellent opportunity for businesses to update their company details, trade license, and address without facing penalties. Additionally, any penalties issued from January 1, 2024, will be automatically reversed.
Take advantage of this window to ensure your tax records are accurate and up-to-date without incurring extra costs!