UAE VAT Penalties and fees

UAE VAT Penalties

Penalties for violation and other fees

  • Failure to keep required records and documents  – AED 10,000 (First time) & AED 50,000 (Repeated offence)
  • Failure to display prices inclusive of excise tax  – AED 15,0000
  • Failure to comply with conditions and procedures related to keeping the taxable goods in a designated zone or moving them to another designated zone  –  AED 50,000 or 50% of tax whichever is   higher paid on the goods that resulted in the violation
  • Tax registration services  – Free of charge
  • Issuance of tax registration certificate – Free of charge
  • Attested paper registration certificate – AED 500
  • Tax Agents: Registration and renewal – AED 3,000 (for 3 years)
  • Registration and renewal fee for an accounting software provider – AED 10,000 (1 year)
  • Registering a designated zone –  AED 2,000 per year
  • Service fee for registering a warehouse keeper  – Free of charge
  • Issuing an electronic warehouse keeper certificate  – Free of charge
  • Issuing an official printed warehouse keeper certificate – AED 500

A fine must be no less than AED 500 and no more than triple the value of the tax on the transaction

For more details:
Call us 04 4518600  or Chat with us

Contact us:

Tel: +971 4 4518600
Mob: +971 50 8550 765, +971 50 675 9158
Mail: info@phpstack-610717-2691984.cloudwaysapps.com
Web : www.www.saifaudit.com
Online appointment : visit www.www.saifaudit.com
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