UAE Guide: What are Steps to submit VAT return in Dubai?
As per the Dubai VAT laws, the due date for filing of return is 28th day of the month following the tax period concerned. However, the payment of tax has to be made before the due date of filing of such return. Tax period is determined by the FTA. The standard Tax Period applicable to a Taxable Person shall be a period of three calendar months, but it can also be a calendar year as well.
VAT return shall be submitted online through VAT tab available after logging into FTA e-services portal.
The details to be filled in the VAT return are:
- The name, address and TRN of the registrant.
- The Tax Period to which the Tax return relates.
- The date of submission
- The value of taxable supplies made by the Person in the Tax Period and the output tax charged.
- The value of taxable supplies subject to the zero rated supplies.
- The value of the Exempt Supplies made by the Person in the Tax Period
- The value of any Supplies subject to clauses (1) and (3) of article (48) of the Decree law.
- The value of expenses incurred in respect of which the person seeks to recover input tax and the amount of recoverable tax.
- The total value of due tax and recoverable tax for the tax period.
- The payable tax for the tax period.
The payment of tax can be made through following methods:
- E-dirham cards
- E-debit
- Transfer via GIBAN
Steps to submit the VAT Return
Step 1: Login to the FTA eServices portal and go to the ‘VAT’ tab whereby you will be able to access your VAT Returns. From this screen you should click on the option “VAT 201 – New VAT Return”.
Step 2: Complete the form with all the details mentioned above. Then, the system will calculate the next tax payable or refundable.
Step 3: Submit the form.
Step 4: Pay the net payable VAT, if any through “My Payments” Tab.
For more information on this topic, please visit our Blogs Section or Contact Us.
For enquiries Phone (UAE): +971 567952590
Related Articles:
1. Top FTA VAT Return Filing Services in Dubai Abu Dhabi UAE
2. List of VAT Consultants in Dubai, UAE
3. When will UAE implement Corporate Tax?
4. UAE Guide: VAT Return Filing Services in Dubai, Abu Dhabi, UAE
5. UAE Guide: VAT Fines Services in Dubai, Abu Dhabi, UAE
6. UAE Guide: How to Appeal Vat Penalties in Dubai, Abu Dhabi, and UAE?
7. UAE Guide: VAT Consultant in Abu Dhabi
8. UAE Guide: Top VAT Consultant in Dubai (2023)
9. UAE Guide: Role, Responsibilities, Eligibility and Skills of VAT Consultant
10. UAE Guide: Which Documents are Required to Register for VAT Return?
11. UAE Guide: VAT Registration
12. UAE Guide: Implications of VAT
13. UAE Guide: An Introduction to VAT
14. UAE Guide: VAT Return Form 201- Everything you must know
15. UAE Guide: Why do we Need A VAT Consultant in the Dubai?
16. UAE Guide: What is the Need to Approach an Experienced Business Setup and VAT Consultant in Dubai?
17. UAE Guide: What are the Advantages of Hiring a VAT consultant in Dubai Abu Dhabi?
18. UAE Guide: VAT Penalties in Dubai
19. UAE Guide: What is Article wise analysis of VAT Law for Dubai and Abu Dhabi?
20. UAE Guide: What is VAT Audit in Dubai?
21. UAE Guide: Dubai VAT an Aid to Business Growth
22. UAE Guide: Why is Input VAT Non-recoverable on Entertainment Services in Dubai?
23. UAE Guide: What are ways to avoid Penalties in Dubai VAT Law?
24. UAE Guide: What is VAT on reimbursement and disbursement of expenses in Dubai?
25. UAE Guide: What is VAT on compensation Payments in Dubai and Abu Dhabi?
26. UAE Guide: What is VAT on digital Marketing Services in Dubai?
27. UAE Guide: What is VAT on transportation in Dubai and Abu Dhabi?
28. UAE Guide: How to apply for Excise Tax De-Registration in Dubai?
29. UAE Guide: What is VAT on Options in Dubai and Abu Dhabi?
30. UAE Guide: What are VAT Groups in Dubai?
What is the process of Internal Auditing?
Auditing Role in Modern Cybersecurity Challenges
How Artificial Intelligence Will Change the Auditing Function
What is Auditing Evidence? How External Auditors support their Opinion?