Dubai: The UAE’s Federal Tax Authority expects more than 91,000 taxable persons to benefit from the Corporate Tax Late Registration Penalty Waiver initiative, as it urged unregistered businesses to apply and complete their first filing within the required timeline. The FTA said more than 68,600 taxable persons had already benefited from the waiver during 2025 and the elapsed period of 2026. Another 22,000 taxable persons are eligible to benefit in the coming period, provided they meet the conditions set under the Cabinet decision. The initiative, which came into effect in April 2025, applies to late corporate tax registration penalties from June 1, 2023, subject to the required conditions. Who can benefit The waiver applies to taxable persons for corporate tax purposes and certain exempt persons who are required to register with the FTA but submitted their registration applications late.…