The United Arab Emirates (UAE) has implemented a comprehensive tax compliance framework to ensure transparency, efficiency, and adherence to international standards. The Federal Tax Authority (FTA), established in 2016, oversees the implementation of the UAE’s tax system, which includes Value Added Tax (VAT) and Excise Tax. VAT, introduced in 2018 at a standard rate of 5%, applies to most goods and services, with certain exemptions for essential items such as healthcare and education. Excise Tax, meanwhile, targets specific products like carbonated beverages, energy drinks, and tobacco products, with rates ranging from 50% to 100%. Businesses operating in the UAE are required to register for VAT if their annual turnover exceeds AED 375,000, and must comply with filing obligations, including quarterly or annual tax returns, depending on their taxable turnover. The UAE’s tax system is designed to be streamlined and investor-friendly, with penalties for non-compliance, such as late filing or failure to remit taxes, to ensure adherence.  Overall, the UAE’s tax compliance framework reflects the country’s commitment to fostering a robust economic environment while maintaining global competitiveness.

• VAT
• Corporation Tax
• Excise Tax
• Custom Duty