VAT Penalty Waiver in the UAE - Shuraa Tax
The UAE’s Value Added Tax (VAT) system, implemented in 2018, established a structured approach to tax compliance. While this system benefits the UAE’s commercial landscape, compliance errors can sometimes result in administrative penalties for businesses. The Federal Tax Authority (FTA) recognises this and offers a VAT Penalty Waiver in UAE as a remedy for organisations with justifiable reasons for non-compliance. This waiver allows businesses in Dubai and other Emirates to reduce or eliminate their penalty burden, enabling them to focus on growth.
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