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Tax: UK/US/UAE/KSA/EU · UAE Corporate Tax & VAT · Card 018/022 easy

A UAE juridical person subject to Corporate Tax fails to submit its Corporate Tax registration application to the Federal Tax Authority within the deadline specified for its category of Taxable Person. Under Cabinet Decision No. 10 of 2024 (amending Cabinet Decision No. 75 of 2023 on administrative penalties), what is the standard administrative penalty for this specific violation?

  1. AED 500 per month of delay, capped at AED 10,000 in total, mirroring the late VAT registration penalty structure
  2. A percentage-based penalty calculated as 1% of the Taxable Person's annual revenue
  3. No penalty applies as long as the Taxable Person voluntarily registers within 12 months of the missed deadline
  4. A flat AED 10,000 administrative penalty for failing to submit the Corporate Tax registration application within the specified timeframe
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