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Waiver of Penalties

To qualify for the waiver of the penalty for late corporate tax registration, the taxable person must submit the tax return within seven (7) months from the end of the first tax period.

As for persons exempt from corporate tax, they are required to submit the annual declaration within seven (7) months from the end of their first financial year.

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Dany Shaheen
Dany Shaheen
May 30, 2025

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