VAT Voluntary Declaration UAE
A voluntary VAT disclosure is a facility via a form (Form 211) provided by the Federal Tax Authority (FTA). This form allows VAT registered parties to notify the FTA about any error or omission that occurred in a previous tax return or refund application that is already filed.
If you identify an error or omission in any of your previously filed returns/applications with FTA which has a tax impact of more than AED 10,000, then you should consider reaching out to an expert tax agent in UAE to submit the voluntary VAT declaration form.
Expert VAT Voluntary Declaration Services in Dubai
Here at Forever Rich UAE, we are experts in accounting, bookkeeping, financial, and tax services. Our goal is to help you achieve impeccable financial standing. Contact us today to find out whether you are required to submit a VAT voluntary declaration form. We will help you complete the form and remain in good standing with the Federal Tax Authority (FTA).
The Federal Tax Authority (FTA) has provided the facility of a voluntary disclosure form for any business that notices an error or omission in their previously filed tax forms. The voluntary declaration allows the said business to rectify their tax statement by mentioning the error and submitting the required payment to the FTA.
Any business that has made an error or omission in the submission of their taxes equal to an amount greater than AED 10,000 should submit the voluntary declaration form. If the error amount is less than AED 10,000, then the error can be corrected when filing the subsequent VAT return.
A voluntary disclosure should be made by a taxable person to notify the FTA of an error or omission in their tax return, tax assessment, or tax refund application. The voluntary disclosure allows an individual or business to rectify any mistake made while filing taxes and helps to avoid any penalties or consequences ordered by the FTA.
At Forever Rich UAE, we want to help you remain in good financial standing and compliant with the local tax laws. Therefore, we offer the best voluntary disclosure services, to help you correct any mistakes made while filing taxes. This way, you can remain tax compliant without worrying about heavy penalties or fines!
(Tax Agency Number: 30004980) in accordance with the Federal Law No. (7) of 2017 on Tax Procedures in the UAE which describes the appointment of a Tax Agent, & a Tax Agent’s registration procedure & conditions that must be fulfilled for registering a Tax Agent in the Register.
Contact us today for help on all of your VAT registration and de-registration needs!
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