VAT Fines and Penalties in UAE

August 5, 2024October 2, 2020 by BeyondNumbers

Consequences one faces for Late filing or Non-filing of VAT The FTA (Federal Tax Authority) imposes the VAT fines and penalties in the UAE. All businesses in the UAE must comply with the rules and regulations of the FTA to avoid heavy penalties and VAT fines. All the administrative VAT fines and penalties for violating … Read more

Importance of VAT in UAE

November 25, 2024September 23, 2020 by BeyondNumbers

Value Added Tax (VAT) is a common indirect tax that is levied by many countries. It is a consumption tax. VAT is levied indirectly on the final consumer for consuming the goods or services. It is meant as target control and it increases in percentage depending on the stage of the goods/production. In the UAE, … Read more

VAT Fines and Penalties in UAE

Importance of VAT in UAE

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