What are penalties for delay in corporate tax deregistration

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Corporate tax deregistration in Dubai is essential when a business ceases operations or undergoes structural changes. Delaying deregistration beyond 90 days can lead to fines of AED 1,000 per month, capped at AED 10,000. Timely compliance ensures your business is officially released from tax obligations under the UAE’s FTA. Read this blog to explore corporate tax deregistration in the Emirate.