⚠️ FTA announces corporate tax deadline & AED 10,000 penalty for late registration
VAT AMENDMENT & RECONSIDERATION CONSULTANCY
FOR BUSINESSES EDITING OR CORRECTING IMPORTANT INFORMATION
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WHAT IS AMENDMENT & RECONSIDERATION FOR IN VAT
According to Cabinet Decision 40 of 2017 the failure of the Registrant to inform the Authority of any circumstance that requires the amendment of the information pertaining to his tax
record kept by Authority can trigger a penalty of AED 5,000 for first time and AED 15,000 on repition.
if you disagree with the FTA’s decisions or assessments. Our consultants will assess the situation, draft comprehensive reconsideration applications, and represent your company’s interests throughout the reconsideration procedure.
Our consultants aid in preparing and submitting voluntary disclosure applications to correct any errors or omissions in prior VAT filings. Proactively disclosing discrepancies can avoid penalties and preserve the business’s reputation and integrity.
Contact Us
Pro Financials offers businesses comprehensive VAT consulting services to assist them in maneuvering through the intricacies of VAT compliance. Our experienced consultants offer guidance on VAT registration, VAT de-registration, compliance assessments, VAT return submission, VAT refunds, and customized VAT advisory services tailored to your specific needs.
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Shams Business Center - Sharjah - Sharjah - UAE
