How to File VAT Return in Dubai

By: Federal tax authority
BUSINESS BAY, UAE - Feb. 23, 2021 - PRLog -- Every taxable one that has registered for UAE VAT should file the VAT returns. Non-filing or late-filing of VAT returns attract serious consequences and therefore the businesses should consult the simplest tax agents in Dubai, UAE to make sure compliance.

What Should a Tax Return Contain?

1. The name, address, and therefore the TRN of the Registrant
2. Tax Period related to the VAT Return filing
3. The date of submission of UAE VAT Return
4. Value of Taxable Supplies made by the Person in the Tax Period and the Output Tax charged and Emirates-wise
5. Value of Taxable Supplies subject to the zero rates made by the Person in the Tax Period
6. Exempt Supplies value made by the Person in the Tax Period.
7. The value of any supplies subject to Clauses (1) and (3) of Article (48) of the Decree-Law (Reverse Charge)
8. a number of expenses incurred in respect of which the Person seeks to recover Input Tax and the amount of Recoverable Tax.
9. the entire value of Due Tax and Recoverable Tax for the Tax Period.
10. The Payable Tax

How to File UAE VAT Return in Dubai to Federal Tax Authority?

The VAT Return Filing service in UAE is a web process and it is often performed only through FTA's portal. The FTA as of yet doesn't accept any offline VAT return filing within the UAE. The companies or individuals that have registered for VAT in UAE must file the return in the VAT 201 form. The VAT 201 form is often employed by all the VAT registrants as soon because the tax period expires. Registered VAT consultant in Dubai will file the tax returns on behalf of the taxable persons. After logging into the FTA portal and selecting the VAT 201 form, the Vat registrants got to check the subsequent,
1. Standard Rated Supplies
2. Tax refunds that are given to tourists
3. Supplies subject to Reverse Charge Mechanism Provisions
4. Zero-rated Supplies
5. Exempt Supplies
6. Goods imported into the UAE

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Tags:VAT Return filling services
Location:Business Bay - Dubai - United Arab Emirates
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