Need Advice related to Corporate Tax Penalties
Hi Everyone
Need Advice related to Corporate Tax Penalties
My UAE LLC never started trading, generated AED 0 revenue and AED 0 Corporate Tax. The business licence and visa were cancelled in Oct 2025, but Corporate Tax filing/deregistration was completed late because I was under impression that after Business licence cancellation Corporation tax would automatically get deregistered but FTA has now imposed AED 2,500 late-return penalties + AED 5,000 late-deregistration penalty. I have filled return and application for Deregistration but now I have Penalties of AED 7500.
Has anyone successfully handled a similar case or obtained full/partial waiver of such penalties? I’d especially appreciate guidance from tax professionals who regularly deal with FTA penalty waiver cases and know what arguments/evidence actually work in practice.
My Penalty waiver request based on arguments that Business never started or made revenues already rejected and I have 40 days time to apply for reconsideration. Looking for advice Please