Excise Tax
UAE Excise Tax is an indirect tax levied on certain goods which pose a risk to human health and the environment. These cover products such as tobacco, energy drinks, soft drinks, and electronic nicotine devices. Faced with the aim of lessening consumption of such products and enhancing public health, Excise Tax also contributes remarkably to the government's revenue.
Firms dealing in the import, manufacture, or warehousing of excise goods need to register themselves with the Federal Tax Authority (FTA) and adhere to strict tax requirements. These involve keeping proper accounts, filing regular tax returns, and making proper tax payments. Failure to do so leads to heavy fines, and hence, all excise taxation must be understood and handled correctly.
Our firm provides full Excise Tax services, such as FTA registration, return filing, compliance verification, tax effect analysis, and regular advisory assistance. Whether you are recently handling excise products or desire to boost your existing compliance, our specialists are always available to help you each step of the way.