The VAT system implemented in Dubai is still new and many business owners need qualified and professional tax advisors to support their businesses. We at Parsh offer VAT amendment services with our team of highly qualified tax consultants. Our expert advice and services will ease your VAT journey.
Once your business is registered under the VAT law, there may arise a need to make amendments to the details you have provided in the application. Any such amendment should be notified to the FTA within 20 days of the change. These amendments can be easily done online following the process given below.
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There are certain changes for which no prior approval from the FTA is required. Here are the steps to make such changes.
There are certain changes that need approval from FTA. Here are the steps to make such changes.
An important point to note here is that if a VAT-registered business fails to inform the FTA about any significant changes made, a penalty of AED 5000/- is levied. Hence it is important to be aware of the VAT norms and process to make amendments.
Parsh is a one-stop solution for all your tax liabilities and processes. Being a trusted name in tax consultancy, we provide the best solutions to our customers. We follow a comprehensive approach to dealing with all the challenges of a business. We promise our clients to provide full compliance with the laws and regulations.
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