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News Info.

Dubai
08 Dec 2020

Be prepared with your Excise Stock

Federal Tax Authority in the UAE has announced all the companies to verify their company’s excise stock before 31st December 2020.The basic reason for implementing Excise Tax is to reduce the consumption of these goods, raising income for the government that can be spent for the public. All Taxable entities are entitled to register for Excise Tax in the UAE through the FTA’s online portal.

We, BMS Auditing, can assist you in registering for Excise Tax, filing of Monthly Returns, registering your products with the Federal Tax Authority and provide advisory service on compliance of UAE Excise Tax Law.