Receiving a UAE Tax Penalty notice from the Federal Tax Authority (FTA) can be stressful for business owners. Whether the notice relates to VAT, Corporate Tax, or late registration, taking immediate action can help prevent further compliance issues and unnecessary costs. Understanding the reason for the penalty and responding correctly is essential for maintaining UAE […]
Bens Chartered Accountants · October 2026 · UAE VAT, Corporate Tax and Compliance If your business invoices other businesses in the UAE, your invoicing process is about to change from a PDF into data. The UAE’s Electronic Invoicing System goes live for large businesses on 1 January 2027, and those businesses must appoint an Accredited […]
Effective from 1 October 2026 The Federal Tax Authority (FTA) has introduced a significant new compliance requirement for UAE VAT-registered businesses through FTA Decision No. 13 of 2026, concerning the measures, procedures and conditions required for verifying the validity and integrity of supplies before deduction of input VAT. The Decision was issued on 22 July […]
VAT return filing is an important part of maintaining tax compliance for businesses registered for VAT in the UAE. However, a VAT return may sometimes be rejected, require correction, or result in unexpected tax liabilities because of inaccurate figures, incorrect reporting, missing information, or technical filing problems. For businesses, a rejected VAT return UAE issue […]
Running a business in the UAE can be highly profitable, but profitability is not just about increasing sales. Poor financial records, missed expenses, inaccurate invoices, weak cash flow tracking, and delayed financial reporting can quietly drain your business profits. Many UAE business owners focus heavily on sales, marketing, operations, and customer acquisition while treating bookkeeping […]
Missing your corporate tax registration UAE deadline can create unnecessary compliance risks for your business. Whether you are a Dubai-based company, UAE mainland business, or an eligible free zone entity, understanding what to do after missing the registration deadline is important. The UAE Corporate Tax regime requires businesses that fall within its scope to register […]
A business audit in the UAE can become stressful when financial records are incomplete, poorly organized, or difficult to verify. Whether you operate an SME, free zone company, mainland business, or growing corporate organization, maintaining accurate financial documentation is essential for smooth audit preparation. For businesses preparing for a business audit UAE, the first step […]
Making a mistake on a VAT return in the UAE can happen even to businesses with well-organized accounting systems. You may accidentally report too much output VAT, claim too little input VAT, enter an incorrect figure, or discover an accounting error after submitting your VAT return. The important thing is not to ignore the mistake. […]
As businesses in Dubai grow, their financial transactions, employees, suppliers, customers, technology systems, and regulatory responsibilities become increasingly complex. Growth can create new opportunities—but it can also expose a business to financial errors, weak processes, fraud risks, compliance gaps, and ineffective internal controls. This is where internal audit services in Dubai can provide significant value. […]
Preparing accurate financial records for tax filing in the UAE is one of the most important responsibilities for businesses operating in Dubai and across the UAE. Proper financial records help businesses calculate their tax obligations accurately, support VAT and Corporate Tax returns, prepare reliable financial statements, and demonstrate compliance if the Federal Tax Authority (FTA) […]
Office No. 708, Oxford Tower, Business Bay, Dubai, UAE
