News headline 1 : : The UAE's Ministry of Finance has listed out a number of entities that are not required to register for Corporate Tax. News headline 2 : : The ministerial decision on the Exception from Tax Registration will apply to government and government-controlled entities, extractive businesses, and non-extractive natural resource businesses. News headline 3 : : Additionally, a non-resident person will not be required to register for Corporate Tax if they earn only UAE-sourced income and do not have a Permanent Establishment in the UAE. News headline 4 : : Meanwhile, federal government, UAE government departments and authorities, and other public institutions, do not require to register under Federal Tax Authority as long as they continue to meet the conditions for tax exemption. News headline 5 : : Federal Tax Authority ramps up its efforts by expanding inspection visits by 104% in six months. News headline 6 : : Dubai Financial Services Authority Introduces Whistleblowing Regime News headline 7 : : Big update on UAE Corporate Tax. News headline 8 : : Regular Auditing and maintaining accounts have a greater contribution towards the successful running of a business. The lack of proper books of accounts and regular auditing often results in the business owners continuing to run the venture with the impression that it is going on profitably, while it might be running in loss. The realization comes late and the resultant damages are often irreplaceable. This is where a pragmatic approach to External Auditing services in UAE becomes inevitable. Every business needs the service of professionally qualified and experienced External Auditors in UAE to look into their accounting activities.

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VAT Penalty waivers in UAE

VAT Penalty waivers in UAE

Welcome to BSD Prime Services Dubai, the leading provider of VAT penalty waiver services in the UAE! Our team of experienced professionals specializes in helping businesses and individuals navigate the complex process of requesting a waiver from the Federal Tax Authority.

    Reconsideration Submission to filing an Appeal to TDRC

    If you've received a VAT penalty, you know how frustrating and overwhelming the process can be. That's where we come in. We offer a comprehensive range of services designed to help you through every step of the waiver process, from submitting a Reconsideration Submission to filing an Appeal to TDRC.

    Our team has extensive knowledge of Cabinet Decision no. 51 of 2021, which outlines the rules and procedures for VAT penalty waivers in the UAE. We stay up-to-date on all the latest developments in this area to ensure that our clients benefit from the most current and accurate information. Effective from 1st March 2022, the Federal Tax Authority (FTA) has introduced Cabinet Decree No. 105, which outlines

VAT Penalty waivers in UAE

The guidelines and procedures for taxpayers seeking administrative penalty waivers and installment plans. Under this new scheme, taxpayers may be eligible to settle their administrative penalties through installment plans, subject to specific conditions and eligibility criteria.

VAT Penalty waivers

When you work with BSD Prime Services Dubai, you can rest assured that you're getting the best possible representation for your case. Our team will work closely with you to understand your unique situation and develop a tailored strategy that maximizes your chances of success.

We understand that every case is different, which is why we offer a personalized approach to every client. Our team will work diligently to analyze your case and provide you with the guidance and assistance you need to achieve the best possible outcome.

In addition to our expertise in VAT penalty waiver services, we also pride ourselves on delivering exceptional customer service. Our team is available to answer your questions and provide support throughout the entire process, ensuring that you feel confident and informed every step of the way.

At BSD Prime Services Dubai, we are committed to providing our clients with the highest quality service and results. If you're looking for a reliable and experienced team to help you navigate the VAT penalty waiver process, look no further than BSD Prime Services Dubai.

Don't let a VAT penalty derail your business - contact us today to learn more about how we can help you navigate the waiver process with confidence and ease.

VAT Penalty waivers in UAE

Frequently Asked Questions

Who is authorized to submit a reconsideration application to FTA?

Typically, the individual seeking reconsideration should be the one to submit the application to FTA. Nevertheless, FTA will also accept submissions from:

Your designated Tax Agent

Your appointed Legal Representative

In the case of being a member of a Tax Group, the Representative Member of the Tax Group should submit the reconsideration request. It is important to note that Tax Advisors who are not registered Tax Agents are not allowed to submit any reconsideration requests on behalf of another individual.

Can I request FTA to reconsider a decision regarding a pending penalty waiver committee?

Certainly. It is possible to submit a request for both reconsideration and waiver of a penalty to FTA simultaneously.