Excise Tax Registration
All businesses in the UAE that handle harmful substances which include tobacco products and energy drinks and sweetened beverages must complete their Excise Tax registration process. The consequences of not completing the registration process include major fines and interruptions to the supply chain.
Excise Tax Compliance
UAE businesses that sell tobacco and energy drinks and sweetened products must achieve Excise Tax compliance through their business operations. Businesses must complete three tasks: they must report their financial data every month they must pay taxes through the EmaraTax portal and they must monitor their product inventory through detailed recordkeeping
Tax Planning and Optimisation
Through effective strategic tax planning and optimisation, your business can maximise financial efficiency whilst remaining fully compliant with UAE regulations. Our experts will assess your corporate structure to identify any legal exemptions, incentives or credits that may be available under the current tax environment, and assist you in minimising your tax liabilities to improve your bottom line and achieve long-term tax sustainability.
Excise Tax Advisory
Excise Tax Advisory Services are a must-have for any U.A.E. company dealing with the sale or production of excise goods (Tobacco, Energy Drinks and/or Soft Drinks). We provide additional value to our clients by providing strategic support around product classification, pricing structure calculations and assisting with inventory controls.
Excise Tax Refunds and Recovery
Efficient Excise Tax refunds and recovery are essential for maintaining healthy cash flow in the UAE. Businesses can reclaim overpaid taxes on exported goods or damaged stock through the EmaraTax portal. Our specialists manage the entire refund process, ensuring all supporting documentation meets strict FTA requirements to secure your entitled recoveries quickly and accurately.
Excise Tax Audit
To successfully go through an Excise Tax Audit in the UAE, it is important to maintain accurate records and be well-versed in FTA rules and regulations. Our team of experts performs a thorough pre-audit analysis to point out any possible discrepancies in your inventory statements and tax computations. We offer complete representation in the official audit process.
Deregistration
Adequate deregistration for VAT, Corporate Tax, or Excise Tax is an obligatory requirement for businesses in the UAE that are closing down or going below the threshold limits. Failure to meet the stringent deadlines set by the FTA will result in heavy administrative fines. Our team of specialists will handle the entire process of cancellation through the EmaraTax portal.