Excise Tax Registration was introduced across the UAE in 2017. Excise tax is a form of indirect tax levied on specific goods which are typically harmful to human health or the environment. These goods are referred to as “Excise Goods” and now attract Excise tax on their purchases in the UAE.Excise Tax Registration was introduced across the UAE in 2017. Excise tax is a form of indirect tax levied on specific goods which are typically harmful to human health or the environment. These goods are referred to as “Excise Goods” and now attract Excise tax on their purchases in the UAE.
As Excise Tax is now established in the UAE, the following activities in the UAE shall register for Excise Tax:
With Excise Tax becoming an important part of the tax regime in the UAE, it is essential to know the goods that fall under the category of Excise goods. The below mentioned Excise Goods are subject to the Excise Tax in the UAE along with the percentage of tax that is levied on specific excise goods:
A TRN (Tax Registration Number) is already issued to an establishment which has registered itself for VAT, but it is still required that you get your business registered to get a different TRN for Excise Tax in the UAE. There cannot be two TRNs for Excise Tax for one establishment and there should be no duplication in the registration number and the concerned establishment is accountable for this lapse, if it happens.
Businesses operating and dealing in Excise tax can get themselves registered for Excise tax using the online portal created by the Federal Tax Authority (FTA) and the entire procedure of excise tax registration takes around 20 minutes if all the required documents are in place.
Reyson specializes in assisting businesses that deal in excise goods for the excise tax registration as it will ease out the pressure on your business. We at Reyson will take care of the entire process of excise tax registration.
The documents and other information that are required to obtain a TRN for Excise Tax registration are as below:
When all the mentioned documents are submitted during the online excise tax registration, the details are analyzed by the FTA. Once your application is approved, a TRN will be generated for Excise Tax which permits you to make online Excise Tax payment.
For all the queries and assistance for Excise Tax Registration, please get in touch with our team who will make your life easier by carrying out the excise tax registration on your behalf.