What Updates Are Required?
As per Cabinet Decision No. 74 of 2023 on the Executive Regulations of Federal Decree-Law No. 28 of 2022, registrants must notify the FTA of any changes / modification or / and of any inaccuracies or / and errors in their tax records within 20 business days of becoming aware of them.
Including:
- Business name & address
- Email address & trade license activities
- Legal entity type & partnership agreements
- Articles of association or equivalent documents
- Nature of business & operational addresses
Who Benefits?
- All registrants who update their records by the deadline set – 31 March 2025
- Any penalties imposed from Jan 1, 2024, onwards will be automatically reversed
