The Federal Tax Authority in the UAE has announced that the end of March will be the final deadline for registered businesses to update their tax records without incurring administrative penalties. The Authority has urged those who have delayed updating their tax information to take advantage of this grace period to correct their records.

This call comes as part of the Authority’s ongoing efforts to ensure compliance among businesses. It emphasizes the importance of maintaining accurate tax records, which are essential for upholding the integrity of the tax system.

The Federal Tax Authority aims to facilitate a smooth tax reporting process and enhance awareness about tax obligations among businesses. As the deadline approaches, companies are encouraged to act promptly to avoid any financial repercussions.