Excise Tax Registration Services

Excise Tax Registration Services in UAE

tax consultancy in dubai

Excise Tax Registration Services:

An integral part of running any business is ensuring that you maintain compliance with regards to taxation. Since taxation laws undergo frequent changes and revisions, it might be a little difficult to keep up all the time. As a result, to help companies cope with these changes,
revisions, additions and removal of tariffs, various companies provide Excise Tax Registration Services. In this article, we will take a look at why Excise Tax Registration Services are essential, and how KGRN can help you with the same.

What is Excise Tax Registration?

Every business based in the UAE that manufactures, imports, exports or stores excise goods must register for the Federal Excise Tax. As a result, if you wish to deal, release, transfer or trade such goods, you will need to be registered under the Excise Tax regime in the UAE. The
UAE government decided to introduce such an Excise Tax in 2017 on tobacco products, carbonated drinks and sport or energy drinks. Two years later, in 2019, the government decided to extend the Excise Tax to e-cigarettes, soft drinks and e-liquids. In effect, the Emirati
government charges Excise Tax on goods that harm human health and the environment. As a result, if you are a business that in any way deals with such products, you will need to register for the Excise Tax.
For enquiries, call +971 45 570 204 / E-mail: support@kgrnaudit.com

Products that Come Under the Excise Tax in the UAE

Excise Tax Registration Services in UAE

Here’s a look at the excise goods that come under the Excise Tax Registration in the UAE.
Tobacco products
● Chewing tobacco
● Cigars
● Cigarettes and Cigarette rags
● Cigarillo
● Expanded and hand-rolled tobacco
● Herbal smoking products
● Reconstituted tobacco sheets
● Snuff
Carbonated drinks
Energy drinks
Electronic smoking devices
Electronic smoking tools
Sweetened Drinks

For enquiries, call +971 45 570 204 / E-mail: support@kgrnaudit.com

Benefits of Excise Tax Registration in the UAE:

Excise Tax Registration Services in UAE

1. Allows you to carry on business in the UAE while dealing with excise goods
2. Helps ensure that you maintain compliance and stay on the right side of the law
3. Gives your business more credibility and transparency

Documents Required for Excise Tax Registration in the UAE:

1. Copy of your Passport
2. Emirates ID
3. Trade license
4. Official records or certificates that allow your business to function within the UAE
5. Role of your business in handling excise goods
6. Details of the excise goods
7. If needed, details regarding your Customs Authority registration
8. Customs numbers if applicable
9. Bank Account details
For enquiries, call +971 45 570 204 / E-mail: support@kgrnaudit.com

Steps Involved in Excise Tax Registration in the UAE:

Here’s a look at the steps involved in Excise Tax Registration in the UAE;
1. First and foremost, the business must identify the type of excise goods they deal in.
2. They will then have to go through their process, and identify whether they store, produce, sell, stockpile or import such goods, as this will determine what Excise Tax Registration to obtain.
3. Next, they will have to identify all the trigger points and their tax liability by assessing their financial transactions and records.
4. In case there is any additional excise for a particular period, they will have to calculate that separately.
5. Once the analysis is done, the business will have to start collecting the essential documents needed for Excise Tax Registration.
6. To register, users have to create an account on the FTA website and provide all the required details and supporting documents.
7. From the homepage, after signing in, navigate to the Excise Tax Registration application and complete it.
8. Once you have verified the details provided, click on Submit.
9. The FTA will verify your documents and details and then approve your registration.
For enquiries, call +971 45 570 204 / E-mail: support@kgrnaudit.com

KGRN Excise Tax Registration Services in the UAE:

KGRN is one of the most renowned Audit, Accountancy and Business Consultancy firms in the UAE. Therefore, our experts have the experience required to ensure that you meet all the required compliances. Furthermore, our team can also guide you on all matters to do with
Excise Tax Registration to ensure that you make the right business choices and maintain compliance at all times. KGRN also provides timely and efficient service, ensuring you audit your reports, note all transactions and file all the required returns.

Here is a look at the Excise Tax Registration Services offered by KGRN in the UAE
1. Help with Excise Tax Registration
2. De-registration services for Excise Tax
3. Identify the product listing
4. Classify the type of registration required
5. Provide advice on inventory counting
6. Help with excise duty calculation
7. Advice to warehouse owners and stockpilers
8. Help with excise duty return filing
9. Provide compliance services

For enquiries, call +971 45 570 204 / E-mail: support@kgrnaudit.com

Why KGRN?
● Help with every process related to Excise Duty Registration, from obtaining the license
to filing your Excise Duty returns
● We have a simple, yet elegant and business-friendly approach which leads to a quick
resolution of all issues and queries
● We offer adaptable and flexible services that will help you with all your legal
requirements
● We maintain a high level of privacy regarding your details
● Full-time access to all our experienced staff
● We provide the most competitive process to ensure that companies of all sizes can
make use of our service
For enquiries, call +971 45 570 204 / E-mail: support@kgrnaudit.com

Frequently Asked Questions

What are the rates on Excise Goods in the UAE?

Here’s a look on the Excise Tax rates on goods in the UAE;
● Tobacco 100%
● Tobacco products 100%
● Energy drinks 100%
● Carbonated drinks 50%
● Liquids for electronic smoking tools 100%

What sweetened drinks are exempted from Excise Duty in the UAE?

The following sweetened drinks do not come under the purview of the Excise Tax in the UAE;
● Beverages containing more than 75% milk or milk substitutes
● Baby formula and baby food
● Foods for Medical Purposes
● Special dietary supplements

What businesses need to register under the Excise Tax regime in the UAE?

Here’s a list of businesses that need to apply for an Excise Tax Registration in the UAE.
1. Importing excise goods;
2. Producing excise goods;

3. Releasing goods from a designated zone
4. In some instances, stockpilers of excise goods
5. In certain cases, warehouse keepers of excise goods

For enquiries, call +971 45 570 204 / E-mail: support@kgrnaudit.com

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