Excise Tax

Stay Compliant And Stress-Free My Taxman Delivers Expert Excise Tax Services In UAE.

Excise Tax Services

We provide end-to-end solutions for businesses dealing with excise tax in the UAE. From compliance to registration and reporting to ensure proper tax reporting, our team of experts will provide the guidance you need to keep ahead of regulatory requirements and limit risks. The UAE added excise tax in October 2017 in a bid to better align with international best practices and favour the diversification of its sources of revenue.

Excise Tax

What Is Excise Tax?

This is an indirect tax that is levied on certain products that have proven to be detrimental to health or the environment. Examples of such products in the UAE include carbonated beverages, energy drinks, and tobacco products. Such businesses that import or manufacture excise goods in the UAE are required to register for  tax with the Federal Tax Authority (FTA).

Excise Tax Rates

Tobacco products, energy drinks, and electronic smoking devices – 100%, On carbonated and sweetened beverages – 50%.
My Taxman

Why Choose Us?

Expertise in UAE Excise Tax
These tax laws and regulatory requirements, well, you can rely on the accuracy and reliability of our advice.

Tailored Solutions
We realize that each business is different. We are able to provide customized solutions to meet your specific operational and tax needs.

Hassle-Free Compliance
We cover all aspects of tax compliance from registration to reporting, so you can just get on with your core business.

Proactive Support
We keep you informed of regulatory changes and let you know about any changes that affect your business.

Excise Tax In Dubai

To maintain a smooth business operation in Dubai, businesses have to follow tax regulations. We at My Taxman work to assist Dubai-based companies to meet their excise obligations in the best possible way.

Importance

Why Excise Tax Compliance Matters

Not just avoiding penalties but making sure business operations remain seamless and reputation is not damaged in any way, be it the manufacturing, importing, or simply being a retailer of excise goods. And it all goes down to how you understand this tax within the UAE context.

Avoiding Penalties

If you fail to comply you risk hefty fines, suspension of operations or reputational damage.

Services

Our Excise Tax Services

Our services include:

Registration:
Helping with the excise duty registration on the FTA portal.
A system of guaranteeing correct and timely delivery of registration applicants.

Compliance:
Telling businesses how to comply with UAE excise laws.
Timely filing of a return in respect of an amount of excise duty payable and the payment of the amount.

Taxable Events Advisory:
Determining what events are taxable within your operations.
Solutions for excise duty management.

Audits:
Getting the businesses prepared for the FTA excise audit.
Helping with the audit documentation and answering queries by the tax authorities on their part.

Stock and Record Management:
It helps businesses to keep track of excise goods.
Carrying stock declarations and inventory reviews.

Partner With Us

With My Taxman, we will provide professional expertise, reliable support, and seamless compliance solutions while helping you get ahead, and we put your business at the top by getting your excise  organized and managed efficiently and effectively.