Finanshels.com has launched a 24-hour hotline to support businesses navigating the UAE’s corporate tax penalty waiver. This initiative comes in response to the recent announcement by the UAE Ministry of Finance and the Federal Tax Authority (FTA), which relieves companies that missed the corporate tax registration deadline.
Under the new directive, businesses that failed to register by the March 31, 2025 deadline can benefit from a waiver of the AED 10,000 penalty—provided they submit their corporate tax returns within seven months of the end of their tax period. The waiver aims to reduce financial pressure and encourage wider compliance with the country’s evolving tax regulations. Additionally, businesses that have already paid the penalty are eligible to apply for the waiver under the new guidelines.
Finanshels.com’s 24-hour hotline offers companies direct access to expert financial support, helping them understand the latest requirements and successfully apply for the penalty waiver. The service provides guidance on everything from registration and filing processes to deadline management, empowering businesses to avoid compliance challenges.
As the UAE strengthens its corporate tax regime, Finanshels.com ensures that timely, accurate financial advice is available around the clock. For more information and immediate assistance, businesses can visit www.finanshels.com.