"Federal Taxes" It calls to benefit from the period of allowing and updating tax records before the end of March

Abu Dhabi, February 4 / WAM / The Federal Tax Authority invited the registered people who are late to update their tax records to benefit from the Cabinet’s decision regarding the grace period of grace during which administrative fines are not imposed during which the registrar is not imposed. On the business sectors, and encouraging the fulfillment of its tax obligations, in order to enhance the state’s competitiveness in the field of business.
The commission stated in a press statement today that the decision allowed the registrants to amend the information related to their tax registry during the period from the first of January 2024 to March 31, 2025, without applying administrative fines from violating their failure to inform the authority of any case that may require amending the information related to their tax record preserved with the authority .
She noted that if administrative fines are imposed on the regions as a result of their delay in updating their tax records preserved with the authority during the period from the first of January 2024 to the date of the application of the allowance period, these fines will be canceled automatically without the need to communicate with the authority.
The authority indicated that, according to Cabinet Resolution No. 74 of 2023 regarding the executive regulations of the decree of Law No. 28 of the year on tax procedures, the registrar must notify the commission, according to the model and the mechanism approved for it, within 20 working days with any change in his reserved data, including In that name, address, e -mail, activity registered in the commercial license, legal form and partnership contract for joint coalitions, establishment and equivalent contract, the nature of the registrar’s actions, and the title from which the registrar is practiced.
She called on those concerned to see the clarification issued by the Federal Tax Authority about the period of allowing the update of information on tax records through the “public clarification” service provided through the website of the authority through which the taxpayers are briefed on the technical status of tax matters that need to be a detailed explanation to simplify them in order to enable them From the application of legislation and tax procedures accurately and efficiently.

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