UAE VAT Registration
For business owners in the UAE, it is essential to register their businesses under the VAT law, which came into effect on January 1, 2018. Following registration for VAT in Dubai, companies are obligated to consistently file VAT returns according to the schedule established by the relevant authorities.
VAT Return Filing in Dubai UAE
The calculation of VAT is a laborious and time-consuming task, involving the compilation of all taxable supplies and exports over a specified period. For businesses lacking sufficient expertise, the process of filing a VAT return in the UAE can be particularly challenging. Additionally, the submission must adhere to a specific structure outlined by the FTA, further complicating the task. Consequently, businesses of all kinds are advised to enlist the assistance of experienced firms for VAT return filing services in the UAE.
Excise Tax UAE
In 2017, the UAE government implemented excise tax on carbonated drinks, tobacco products, and energy drinks. Subsequently, starting from December 1, 2019, the same tax was extended to include e-cigarettes, e-liquids, and various soft drinks.