Corporate tax penalties
The FTA applies administrative penalties for missed deadlines and errors. Most are avoidable with a compliance calendar.
Main penalties
- Late registration: a fixed penalty for registering after the deadline
- Late filing: a monthly penalty that increases after the first year
- Late payment: a monthly charge on unpaid tax
- Incorrect returns: penalties based on the tax difference, reduced for voluntary disclosure
- Record keeping: fines for failing to keep or provide required records
Avoiding them
Register as soon as your licence is issued, keep books up to date, and file well before the nine-month deadline.
Common questions
Can penalties be waived?
The FTA has run waiver and reconsideration initiatives in specific cases. Ask us to review your position.
Official sources
We check our guidance against these official sources. Always confirm current fees and rules before acting.