Are you wondering about outsourcing your food and beverage business to Dubai, UAE but are not familiar with the rules and regulations regarding the tax? Here is everything you need to know about the Excise Tax Registration and Return Filing services in UAE. Initially, on 1st October 2017, the excise tax was applicable only on specific goods according to the Excise Tax Federal Decree-Law No. (7) of 2017, but after two years in 2019, a few more goods got added to the list of excise tax products.

 

The products which are entitled to Excise tax include –

 

• Carbonated drinks
• liquids used in electronic smoking devices and tools
• Sweetened drinks
• Tobacco and tobacco products
• Energy drinks
• Electronic smoking devices and tools
• Carbonated drinks

 

What is the procedure for registering for excise tax?

1. Create and verify your e-service account with the FTA portal. For creating the account, you need to sign up with your email address.
2. Once you log in to your account, try to understand the symbols and icons given on the registration form.
3. To initiate the excise tax registration form, click on the confirm button.
4. Now fill in the required details on the registration form, deregistration application, and amendment forms with correct answers.
5. After ensuring that all the details are correct, click on the submit button.

 

The excise tax services provided by our company include Excise tax audit, advice on stockpilers, excise tax registration and deregistration, excise tax stock audit at the year-end, advice on stock/ inventory counting, and duty calculation, determining implication, scope, applicability-impact, and applicability analysis.

 

If you have gone through all the services mentioned above, and think that these services can be helpful to you, then please don’t forget to visit our website for some more details, or you can contact our service provider, who is available round the clock to solve all your issues regarding these services. RBS auditing is one of the best Accounting Firms in Dubai and Abu Dhabi, which provides all these services in a very cost-effective manner.

Our strength in excise tax consultancy in UAE –

We are the top financial advisers in the UAE because of our extensive expertise in these accounting and tax advising services. With years of expertise, we have improved and strengthened our excise tax consultancy services in Dubai, overcoming several of our shortcomings:

• We adhere to the guidelines established by the Financial Tax Authority (FTA).
• We promise to be accessible to our clients around the clock.
• We give you thorough advice on complying with excise laws.
• We compute, keep track of, and reconcile data, invoices, and transactions.
• We offer a qualified staff of auditors and tax experts with expertise.
• Our tax reports are meticulously organized following the UAE excise legislation.
• We look after the assets of your business and guard you against costly penalties.
• In the United Arab Emirates, we are registered in all reputable free zones.

 

We offer a full range of excise tax services, including planning, consulting, training, and registration. Contact us right now for more details about our consultancy services regarding excise taxes in the UAE.