Excise Tax Registration
To conduct business in the UAE involving the production, stockpiling, or importation of excise items, it is mandatory to register with the Federal Excise Tax Authority. Companies must complete their registration for Federal Excise Tax within 30 days of either their establishment or the implementation date of the law, whichever is sooner. Until registration is completed, companies are prohibited from engaging in transactions involving excise products.
Even if a company does not manufacture or import excise items, it may still be required to register for excise tax in the UAE. This includes companies that began operations prior to the introduction of the UAE Federal Excise Tax and are involved in stockpiling excise items. Additionally, businesses selling excise items from a Designated Zone but not registered for UAE Excise Tax are also subject to this requirement.
Hisab is a leading provider of tax and accounting services in the UAE, offering efficient and streamlined solutions for Excise Tax registration.
Required Documents for Excise Tax Registration
For excise tax registration in the UAE, the following documents are typically required:
- Trade License: A copy of the company’s trade license issued by the relevant economic department.
- Emirates ID: Identification documents of the company’s legal representatives, such as a copy of the Emirates ID.
- Passport Copies: Copies of the passports of the company’s legal representatives and authorized signatories.
- Proof of Business Address: Documents verifying the business address, such as utility bills or lease agreements.
- Bank Account Details: Information about the company’s bank accounts, including bank statements.
- Corporate Documents: Documents such as the Memorandum of Association (MOA) and Articles of Association (AOA), which outline the company’s structure and purpose.
- Excise Products Information: Details about the excise goods being produced, stockpiled, or imported, including product descriptions and quantities.
- Import/Export Documentation: If applicable, documents related to the import or export of excise goods, such as customs documentation.
- Designated Zone Details: For businesses operating within Designated Zones, additional documentation might be required to demonstrate the nature of operations within these zones.
Ensure that all documents are up-to-date and comply with the Federal Tax Authority’s (FTA) guidelines to avoid delays in the registration process.