The excise tax registration depends completely on the details you provide to the FTA. It is your responsibility to ensure that the information on which your entitlement to be registered for excise tax is based is accurate and up to date.
In the event that your business situations substantially change in a way which could affect your excise tax registration, it is necessary for you to notify the FTA in writing immediately.
Certain changes which occur may lead to an amendment or a cancellation of your excise tax registration, or a need to register for excise tax where a requirement did not previously exist.
Businesses should also carry out an excise tax impact calculation immediately in order to regulate the potential operational and commercial insinuations of this new tax regime and the steps needed to achieve maintainable tax and regulatory compliance.
For all those people who are worried about the registration under VAT in UAE the Federal Tax Authority has now introduced an official Tax Website which enables to know about VAT in the UAE and through this portal, eligible businesses can register for VAT in the UAE.
The United Arab Emirates (UAE) has revealed details about the new excise tax due to be imposed on tobacco, and energy and fizzy drinks.
You must notify the FTA in writing in the event that any of your account details change such that an amendment to your excise tax registration would be required.
Certain changes which occur may result in an amendment or a cancellation of your excise tax registration, or a requirement to register for excise tax where a requirement did not previously exist.
Registrants must include their Tax Registration Number (TRN), in all correspondence and transactions with the authority or with others.