Faq
Samples of excise goods that are given away for free will also be subject to excise tax. Excise tax is not a transaction based tax so tax is due on the goods when they are released for consumption (i.e. enter free circulation) in the UAE, regardless of whether or not they are intended for sale.
The following goods are subject to excise tax in UAE at the following rates of tax:
Carbonated drinks – 50%
Energy drinks – 100%
Tobacco – 100%
Carbonated drinks – 50%
Energy drinks – 100%
Tobacco – 100%
A stockpiler is a person that owns excise goods and cannot prove that excise tax has previously been paid on those goods.Stock is the most important asset for all businesses. It is mandatory for any businesses that are keeping a stock or inventory to ensure the accuracy of the stock. The purpose of stock audit services is to ensure the statistics of stock through proper analytical accounting of the stock and inventory.
A business must register for VAT if its taxable supplies and imports exceed the mandatory registration threshold of AED 375,000.
A business must register for VAT if its taxable supplies and imports exceed the mandatory registration threshold of AED 375,000.
Similarly, a business may register voluntarily if its expenses exceed the voluntary registration threshold. This latter opportunity to register voluntarily is designed to enable start-up businesses with no turnover to register for VAT.
A business must register for VAT if its taxable supplies and imports exceed the mandatory registration threshold of AED 375,000.
Similarly, a business may register voluntarily if its expenses exceed the voluntary registration threshold. This latter opportunity to register voluntarily is designed to enable start-up businesses with no turnover to register for VAT.
A business must register for VAT if its taxable supplies and imports exceed the mandatory registration threshold of AED 375,000.
A business must register for VAT if its taxable supplies and imports exceed the mandatory registration threshold of AED 375,000.
Similarly, a business may register voluntarily if its expenses exceed the voluntary registration threshold. This latter opportunity to register voluntarily is designed to enable start-up businesses with no turnover to register for VAT.
A business must register for VAT if its taxable supplies and imports exceed the mandatory registration threshold of AED 375,000.
Similarly, a business may register voluntarily if its expenses exceed the voluntary registration threshold. This latter opportunity to register voluntarily is designed to enable start-up businesses with no turnover to register for VAT.
A designated zone is the term used in the UAE to describe a specified area that is considered outside the UAE for excise tax purposes.
For an area to be treated as a designated zone, it must be officially registered and approved by the FTA and a warehouse keeper must be appointed as responsible over the designated zone.
A designated zone should be a fenced area intended to be a free zone that cannot be entered or exited except through a designated road and any area designated by the FTA as being subject to the supervision of a warehouse keeper.Learn more about the list of designated zones in UAE.
For an area to be treated as a designated zone, it must be officially registered and approved by the FTA and a warehouse keeper must be appointed as responsible over the designated zone.
A designated zone should be a fenced area intended to be a free zone that cannot be entered or exited except through a designated road and any area designated by the FTA as being subject to the supervision of a warehouse keeper.Learn more about the list of designated zones in UAE.