VAT RETURN
UAE Tax Fundamentals
Why It Is Important Not to Delay
Penalty for late registration after exceeding the mandatory VAT registration threshold.
Late VAT Return Filing
For each VAT return
filed late.
Penalty for late registration after exceeding the mandatory VAT registration threshold.
Late Tax Payment
Charged on the outstanding tax amount.
Our Advantages
01 / Accreditation
02 / Experience
03 / Service
TAX SERVICES
01
VAT
02
Corporate Tax
03
Tax Compliance
Comprehensive Approach
ACCOUNTING
Restoration of Accounting Records
LEGAL SERVICES
Shareholder Disputes and Partner Exits
Powers of Attorney, Wills and Notarial Services
Visa Support
Legal Consultation
F A Q
How Often Must a VAT Return Be Filed in the UAE?
The tax period is determined by the FTA for each taxpayer. The company must file a VAT Return for every assigned tax period within the prescribed deadline.
What Information Is Required to Prepare a VAT Return?
Information is required on sales and purchases, tax invoices, imports and exports, adjustments, and other transactions affecting the VAT calculation. We review the data before preparing the return.
What Do You Review Before Filing the Return?
We review output and input VAT, tax documents, transaction classification, and consistency with the accounting records.
What Happens If a VAT Return Is Filed Late?
Missing filing deadlines or other tax obligations may result in administrative penalties. It is therefore important to monitor the tax period assigned by the FTA and the applicable filing deadlines.
Can an Error in an Already Filed VAT Return Be Corrected?
The correction procedure depends on the nature and amount of the error. The cause of the discrepancy and the applicable correction method must first be determined in accordance with FTA requirements.
Can VAT Registration Be Cancelled?
Yes. If the applicable conditions are met, a company may apply for VAT deregistration with the FTA. We assess the grounds for deregistration, review the company’s obligations to the FTA, and support preparation and filing of the application.
