VAT Consultancy

The Federal Tax Authority is competent authority to regulate the value added tax laws and to take charge of tax collections and imposition of penalties for non-compliance. If the businesses have any complaint or not satisfied from the decision made by FTA, they can request to the authority to revise it by filing a vat reconsideration form according to article 27 of the UAE tax procedure law.

The businesses submit the reconsideration form to FTA written in Arabic. The businesses hire the reputed tax agents to assist the businesses by proper and legal documents in Dubai UAE
Reasons for Vat Consideration

According to the law of UAE there are some reasons for the FTA to impose vat penalties on the taxable person. The major reason which attract Vat penalties in UAE.
1. Delay in vat return filling.
2. Delay in settlement of due tax.
3. Lack of exact and proper records.
4. Late registration of vat.
5. Late deregistration of vat.
6. Disinformation of documents.

The businesses have the rights to submit vat reconsideration form when the taxable person disagrees over FTA’s Decision regarding tax assessments, Vat rate treatment and exception of registration. The UAE businesses consult with reputed tax consultants in Dubai UAE to know or get more legal assistances and legal requirements.

The federal tax authority mandates that the vat reconsideration application should be submitted within 20 days as of the receipt of the authority decision. The application can be submitted online through the FTA website. The application must be completed. All supporting documents and evidence must written in Arabic language.

The FTA will consider the request for review. If the application meet all the requirements. The authority will issue its justified decision within 20 business days as of receiving the application. The FTA will inform the applicant about its decision on the request written 5 business days of the issuance.