Since 2018, FTA is conducting regular tax audits across the UAE in all sectors and now it is expected to
increase more in the coming periods. The issues or non-compliances reported in previous audits will be a
reference to them in identifying the errors in similar entities or industries. With all these developments in the
tax audit procedure, it is important that the taxpayer should be doing self-evaluation of the tax compliance
and ensure to avoid any tax errors.
Source: emiratesca.com
Latest Posts in "United Arab Emirates"
- UAE Companies Urged to Prepare for VAT E-Invoicing by July 2026 Deadline
- UAE Adopts PINT AE v1.0.1 for 2026 E-Invoicing Compliance with VAT Regulations
- UAE PINT AE v1.0.1 Released as an Official E-Invoicing Standard for the Upcoming Mandate
- Step-by-Step Guide to Obtaining a Tax Registration Number (TRN) in the UAE
- Dubai Customs Introduces Flexible 12-Digit Tariff System for GCC Harmonization Transition