FTA announces corporate tax registration deadline to Sep 2024 and new AED 10K penalty for late registration !!
According to VAT laws in UAE, a taxable person or a Company is responsible to submit their VAT Return by filling a form in the format as prescribed by the Federal Tax Authority (FTA). The procedure for VAT return filing should be initiated within 28 days from the end of each tax period. The VAT file returns are to be submitted on FTA's official website without any delay. If in any case a company/individual fails to submit their VAT return on time, they would have to pay hefty fines.
There's a certain procedure for VAT Return filing which needs to be followed by the taxable firms/individuals. VAT return filing link is available to tax registrants only after valid vat registration approval by the FTA.. The return could either be filled by the taxable person/company itself or by a qualified and experienced tax agent.
Shuraa Tax Consultants and Accountants is the leading tax agency in UAE which through its efficient VAT consulting services aims to provide its clients with reliable VAT return filing assistance and compliance and agency services. Whether it is dealing with VAT registration, filling for the VAT return or maintaining bookkeeping of your company, we are there to guide, assist and support you at every step of your financial dealings.
We have a team of qualified tax agents, advisors and accountants who promise to provide you with reliable and trustworthy solutions to all your taxation and financial requirements. Our team of tax agents are well-versed in UAE's taxation laws and VAT rules and therefore with their apt knowledge try to help businesses in dealing with the impact of tax and VAT on their ongoing business operations.
Our aim is to work towards offering you the best assistance on all tax and VAT issues so that your firm will not have to face the repercussions of delayed VAT return filing or incomplete VAT registration. Contact Shuraa Tax Consultants and Accountants and get quick and easy assistance at the lowest possible prices with our expert panel of Chartered Accountants, tax advisors, and legal consultants.
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A group of experienced and qualified tax agents, accountants, auditors & finance advisors based in Dubai, UAE.
