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The Federal Tax Authority introduced Excise Tax in UAE in 2017 as an indirect tax aiming to curb the usage of certain goods that are harmful to human health or the environment. These goods are named “excise goods” and they include:
Any taxable person who is involved in the production, storage, and import of these goods in Dubai is advised to register for Excise tax in UAE and the assistance of a professional excise tax advisory will make the process easy and error-free.
Flying Colour Tax and Accounting Services has a dedicated team that provides services of excise tax advisory in Dubai to clients to ensure safety and compliance while setting up their dream business in Dubai. We also assist in compliance, registration, reconsideration and deregistration.
Flyingcolour® assists in all types of accounting, bookkeeping, value added tax (VAT) related advise and VAT return filing, issues related to Federal Tax Authority (FTA), Economic Substance Regulation (ESR) related matters, monthly account related reporting to management (MIS), payroll services, excise and custom related claims and high quality outsourced CFO services through our team of experienced chartered accountants. We have attractive customized monthly accounting packages.
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