uae-tax-penalty-waiver-late-registrations

UAE Offers Penalty Waiver for Late Corporate Tax Registrations in 2025

In a major relief for businesses, the United Arab Emirates’ Federal Tax Authority (FTA) has started implementing a new Cabinet Decision to waive administrative penalties for companies that failed to register for corporate tax on time—provided they meet certain conditions. This move is designed to support voluntary compliance and simplify the country’s evolving tax system.…

dmcc-spv-license-smart-asset-management-dubai

DMCC Launches SPV and Holding Company Licenses to Boost Business Flexibility in Dubai

Dubai Multi Commodities Centre (DMCC), the UAE’s premier free zone and global trade hub, has introduced two new license categories—Special Purpose Vehicle (SPV) and Holding Company licenses—designed to provide businesses with more agile and cost-effective structuring options. Announced on May 5, 2025, the new offerings enable investors and companies to manage assets, oversee regional operations,…