All taxable businesses in Dubai are required to file VAT returns quarterly i.e. once every three months. However, businesses with an annual turnover of more than AED 150 million are required to file VAT returns monthly. The VAT return filing period is specified on the VAT certificate and registered businesses are required to file VAT returns within the time given by FTA. In case a business fails to file a VAT return on time, a penalty of AED 1000 is imposed by FTA.
Once a business is registered for VAT, it is required to file a VAT return to stay registered and make the payment within 28 days from the end of the tax period. VAT returns can be easily filed through the online portal of the FTA website. Login to the e-services of the portal and access the form VAT201. If you have no clue how to fill out the form, Parsh accounting consultancy has a team of professionals to help you complete the form and file your VAT return.
Here is how Parsh VAT return filing team works
Dear Customer Fill Detail Of Form Field Our Executive Will Contact you Soon!
We not only help in filing VAT returns but also help in implementing VAT throughout the organization. If you want to avoid errors, non-compliance, and penalties, outsource your VAT return filing service to the experts. Our team of experts is available on call or by email.
Copyright @ 2019 parsh.ae. All Rights Reserved.