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UAE: Grace period to update tax records; requests for review of tax assessment or administrative penalties

Recent tax procedure updates

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December 2, 2024

The Federal Tax Authority (FTA) announced a grace period from January 1, 2024, to March 31, 2025, for registrants to update their tax records (including changes to information such as name, address, trade license activities, and business nature) without facing administrative penalties.

The FTA on November 13, 2024, also published clarification TAXP008 confirming that a person can request a review of a tax assessment or administrative penalties if they can prove procedural errors or mistakes in the tax determination, within 40 business days of notification. The FTA must decide within 40 business days and notify the applicant within five business days. A tax assessment review cannot be requested if a reconsideration is already sought, but reconsideration can follow a review decision or if no decision is issued within the prescribed period. 

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