Excise tax is a form of an indirect tax levied on the supply of those goods and services which are harmful for human consumption such as carbonated drinks, energy drinks, tobacco and tobacco products, electronic cigarettes and sugar-sweetened beverages. Companies dealing with goods that come under excise laws have to complete their excise tax registration procedure as per the UAE Federal Decree-Law No. (7) of 2017
on Excise Tax . The registration process takes place through the e-service section available on the FTA’s official website. It’s mandatory to get registered for supplying excise goods otherwise Company will have to pay a hefty fine as per FTA’s Excise laws and guidelines. With effect from 1st Dec 2019, sweetened drinks, electronic smoking devices and tools will also be charged to excise tax. Hence, all Companies dealing in excisable products must do Excise registrations.
If your firm in UAE is dealing with the import, production, or stockpiling of excise goods, then you
need to register for excise tax. To help you with the registration procedure Shuraa Tax Consultants and Accountants is the best tax consultant to assist you with excise registrations, excise return filing. We are a group of highly qualified tax agents, accountants, and advisors working towards assisting, guiding and supporting your firm in every possible direction. We help companies take informed decisions on every financial difficulty that they might face related to VAT, excise registration procedure, impact assessment any taxation issue.
Before providing your firm with any solution, we believe in first analyzing your company’s business activity and financial details. This is to help you make good decisions on VAT, excise planning and regulate the bookkeeping of your company. We are a leading tax agency in Dubai whose aim is to simplify the problems of our clients by providing them with easy and quick solutions at affordable prices. With our excellent team and wide range of services, your Company will be able to enhance its financial efficiency and productivity.
Shuraa Tax Consultants is the most noticeable brand for tax agents in Dubai. In case you have any doubt or a query related to excise registration or want to know about our other services, kindly feel free to get in touch with our team.