In order to ensure proper tax compliance, VAT in UAE follows certain penalty rules on various conditions. VAT penalty laws are released by the UAE Council of Ministers to deal with tax violations. According to FTA, the penalty must be no less than AED 500 and no more than triple the value of the tax on the transaction.
Thus, the FTA has imposed tax penalty on offenses made related to VAT on different fields.
VAT Penalties on different instances are:
If you have any doubt regarding VAT penalties, don’t hesitate to call us on 00971-4-331-2332