KBA ACCOUNTING AND BOOKKEEPING

  KBA is one of the accounting firms in Dubai and the Company provides Accounting  services in Dubai | VAT Consultants in Dubai | Tax Agents in Dubai | CFO Services in Dubai | Internal Audit firms in Dubai | Accounting Outsourcing Services in Dubai | Accounting Services in Dubai . KBA is one among the certified  Accounting Firm in dubai and VAT Consultancy company that offers a complete range of tax registration services and are Tax consultants in Dubai and also provide services like excise tax registration in uae and vat voluntary disclosure in dubai . Since our inception, we have built an excellent reputation for our world-class services  and are trusted by countless clients all over the United Arab Emirates and of course the best tax consultants in UAE KBA Accounting Services and Bookkeeping LLC is a Registered Tax  Agency & Accounting and Bookkeeping firm which is listed with the Federal Tax Authority (FTA) with TAN 30001937 and is in the ...

  What Is The Procedure For Excise Tax Registration In UAE?? In 2017, the excise tax registration in UAE was established across the country. Excise tax is an indirect tax imposed on certain commodities that are often damaging to human health or the environment. These items are known as "excise goods." The following definitions apply when determining whether a product is an excise good: Any aerated beverage, with the exception of unflavored aerated water, is considered a carbonated drink. Any concentrations, powder, gel, or extracts designed to be converted into an aerated beverage are also considered carbonated drinks. Energy drinks are defined as liquids that are promoted or sold as an energy drink and contain stimulant ingredients that provide mental and physical stimulation, such as caffeine, taurine, ginseng, and guarana, among others. Any substance that has the same or similar impact as the aforementioned substances is likewise included. Any concentrations, powder, gel,...

The following groups are required to avail excise tax registration in UAE. They are:- Excise   goods   manufacturers Excise  goods  importers. Excise  goods  stockpiles. Warehouse keepers who are responsible for excise goods The  following  information  should  be  provided at the time of excise tax registration in UAE :- Name  and  other  legal  information  about  the  applicant Contact  Information Information  on  banking Information  on  business  activity  and  associated  topics Details  of  Customs  Registration Declaration Legal  documents  pertaining  to  the  Entity  are  also  required  for  businesses. For  example:   Trade  Permit Certificate  of  Incorporation  Association  Articles Agreement  on  Collaboration Ownership...

  Who is required for the excise tax registration in UAE? Any individual who engages in the following activities is liable for excise tax registration in UAE : Importing of excise goods into the UAE The manufacture of excise goods for consumption in the United Arab Emirates. In some situations, hoarding of excise items is permitted in the UAE. Releasing of excise goods from a designated zone. Exceptions for excise tax registration in UAE:- A person who does not routinely import excise items is not required to excise tax registration in UAE. They must show that they import excise items no more than once every six months or four times every twenty-four months. Where the value of the excise goods exceeds the duty-free threshold, excise tax will still be required. Excise tax deregistration in UAE If a person who has done excise tax registration in UAE no longer sells excise items, they can ask to be deregistered. For any queries related to excise tax registration in UAE, contact KBA ...

Do you want to start a business in the United Arab Emirates? That's fantastic! Since the advent of Value Added Tax (VAT) in 2018, however, some firms have been forced to register for VAT and maintain correct accounting records.    Keeping up with the provisions of VAT legislation might be difficult because they are frequently revised. Fortunately, your accounting team can now thoroughly explore and comprehend the complexities of the VAT landscape in the GCC with relative ease by enrolling in a VAT training given by a competent VAT consultant in Dubai .     Here are a few things you should know about VAT training in Dubai with a trained VAT expert in Dubai to assist you understand how important it is. As the VAT and Excise Tax Registration in UAE  evolve, the firm feels it is critical for businesses to ensure that their business operations are aligned with the indirect tax positions And procedures that have been established. What does VAT training entai...