Table of Violations and Administrative Penalties Annexed.

Recognizing the trust you place in us as your partners, we emphasize the critical importance of keeping abreast of regulatory stipulations that significantly influence your business undertakings. In light of this, we wish to highlight a pivotal dimension of the Cabinet Decision which pertains to Violations and Administrative Penalties related to Taxation of Corporations and Businesses. This Decision holds paramount significance for entities operating under this framework and necessitates meticulous attention.

Under these regulations, businesses are legally obligated to uphold certain standards and practices, ensuring adherence to protocols that sustain transparency, responsibility, and conformity with legal requirements.

Recent developments have witnessed authoritative actions taken against businesses found to be in contravention of the regulations. We advocate in the strongest terms that all our esteemed clients proactively undertake measures to guarantee the meticulous upkeep of the indispensable records, thus preventing any potential consequences that might arise. Enumerated below are some of the Violations and administrative penalties:

Table of Violations and Administrative Penalties Annexed to Cabinet Decision No. (75) of 2023 on Violations Related to the Application of Federal Decree-Law No. (47) of 2022 on the Taxation of Corporations and Businesses

Disclaimer:

Please be advised that the fine amounts specified in the register are subject to revisions based on any modifications made to the schedule of contraventions by the UAE authorities. These revisions may arise due to updates in regulatory requirements, policy amendments, or other factors deemed necessary by the UAE Government.