- UAE businesses have a strict 5-year window to claim Input VAT; unclaimed VAT from 2018–2021 will soon be forfeited with no extensions or appeals.
- Many companies have overlooked VAT from early years due to missed import VAT, overlooked expenses, or incomplete documentation.
- Failing to recover this VAT results in permanent financial loss, increased operational costs, and potential audit penalties.
- ACME Group recommends an immediate audit of 2018–2021 records to identify and recover unclaimed VAT before the deadline.
- Decree-Law 16 enforces stricter tax compliance and finalizes all historical tax claims, making timely action essential.
Source: acme-group.me
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "United Arab Emirates"
- UAE Extends e‑Invoicing ASP Appointment Deadline to 30 October 2026
- UAE TRN and VAT Number Explained: Registration, Requirements, and Compliance for Businesses
- Dubai Customs Adopts UAE PASS for Digital Signing of Declarations Effective May 2026
- Dubai Customs Implements Temporary Measures for Cargo Transit to International Destinations via Oman
- UAE FTA Updates VAT Refund Guide for Nationals Building New Residences: Key 2026 Changes Explained













