8 Common Challenges Businesses Face During VAT Filing in UAE
- 1. Inaccurate Record Keeping and Documentation
- 2. Incorrect VAT Calculation
- 3. Filing of VAT Returns After Delay
- 4. Limited Knowledge of Input VAT Recovery Rules
- 5. Errors in VAT Return Form
- 6. Insufficient Knowledge of VAT Law Updates
- 7. Lack of Internal VAT Expertise
- 8. Difficulty in Dealing with Corrections and Voluntary Disclosures
Source: vatregistrationuae.com
