A step-by-step guide for filing VAT

A step-by-step guide for filing VAT

By following the below steps one can easily file VAT return:

  • Login to the federal tax authority’s online portal using the registered username and password
  • Go to VAT tab and then ‘VAT201-VAT returns tab’

 

obm vat

  • To complete the form the following details are required:
  1. Details of the taxable person

guide for filing VAT - OBM

  1. VAT return period

obm vat

  1. VAT on sales and all other outputs

guide for filing VAT - OBM

  1. VAT on expenses and all other inputs

guide for filing VAT - OBM

  1. Net VAT due

guide for filing VAT - OBM

  1. Additional reporting requirements

guide for filing VAT - OBM

  1. Declaration and authorized signatory

guide for filing VAT - OBM

 

  • Save the details and then ‘Final Submit’

If there are details to be added or to be edited then there is provision to ‘Save as draft’.

In case of incorrect information’s there will be a penalty:

  • For the first error it’s AED 3000
  • AED 5000 for every following error

VAT return has to be filed within the specified dates; in case of any delay there will be penalties.  A penalty of AED 1000 will be charged for the first time and AED 2000 for each offence.

If you have any doubt during this process call us on  00971-4-331-2332