ENSURE YOUR VAT RETURN FILING IS HANDLED PROFESSIONALLY BY ENGAGING A CERTIFIED TAX ADVISER.
VAT Return Filing involves submitting an official report that provides a comprehensive breakdown of taxable purchases and sales made by a Taxable Person. The VAT Return should be prepared and submitted online to the Federal Tax Authority (FTA) within the schedule specified by the FTA. The deadline for filing the VAT Return is the 28th day following the conclusion of the Tax Period, which can span either one or three months. The responsibility of completing the VAT Return lies with the Taxable Person, their authorized representative, or a Tax Agent.
According to the guidelines provided in the Federal Tax Authority VAT Returns User Guide, every Taxable person is required to report the following information
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Taxable sales and services subject to standard VAT rate per Emirate;
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Taxable sales and services subject to standard VAT rate per Emirate;
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Reverse charge provisions for received supplies of goods and services;
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Zero-rated supplies of goods and services made;
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Exempt supplies from VAT;
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Imported goods declared through UAE customs;
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Adjustments for imported goods declared through UAE customs (if applicable).
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VAT-eligible business purchases and expenses subject to the standard VAT rate, eligible for VAT recovery (excluding blocked supplies).
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Supplies subject to reverse charge, for which input tax recovery is desired.
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