The UAE Federal Tax Authority (FTA) has reported a significant increase in corporate tax registrations following the expansion of its Late Registration Penalty Waiver initiative. This move allows businesses that missed the initial registration deadline to avoid the AED 10,000 penalty if they file their corporate tax return within seven months from the end of their first tax period. Since April 2025, registrations have surged by 38,000, highlighting strong business community engagement with the new tax regime. Khalid Ali Al Bustani, FTA Director General, emphasized that this initiative supports voluntary compliance and reflects the UAE government’s commitment to a transparent and efficient tax environment. The FTA continues outreach efforts through workshops and campaigns to ensure broad understanding of compliance requirements and benefits. For UAE businesses, this development offers a critical opportunity to regularize tax status without penalty and underscores the importance of timely filing under the new corporate tax law. It also signals the government’s balanced approach to enforcement and support during this transition period.