Government authorities in UAE require businesses operating in the country to comply fully with tax regulations. Businesses that are struggling in matters related to VAT compliance in UAE are to seek the help of regulated tax agents in UAE to sort out all tax-related issues.
If a business is not complying with the VAT rules, the FTA, the country’s tax authority, imposes penalties. This article describes the main rules with regard to the penalty regime in the UAE.
Source: gccfintax.com
Note: Tax authorities also have to obey the rules and cannot levy penalties if the company is trying to comply, but gets contradicting information from the authorities. See article HERE.
