For more questions on tax, whom should I contact?
If you would like to know more about the taxes applicable in the country, you can contact the Federal Tax Authority (FTA), the government entity that is responsible for implementing federal taxes such as VAT or excise tax. You can contact the FTA by calling them at 600-599-994.
On the other hand, if you require more information on the Tourism Dirham in Dubai, you can contact the Dubai Tourism authority at 600-555-559.
Meanwhile, you can find out more about the tourism and municipality fees in Abu Dhabi by contacting the Department of Culture and Tourism at 800-555.
What are the goods exempted from excise tax?
The excise tax will not be applied to the following goods in the UAE:
1. Ready-to-drink beverages (with at least 75% milk or milk substitutes).
2. Baby food or baby formula.
3. Beverages for special dietary needs as recognized under Standard 654 of the GCC Standardization Organization.
4. Beverages consumed for medical uses as recognized under Standard 1366 of the GCC Standardization Organization.
Which goods is excise tax applicable to?
For those wondering ‘what items have excise tax in the UAE’, this tax applies to the consumption of the following goods:
– Tobacco products
– Carbonated drinks (this does not include sparkling water)
– Energy drinks
– Electronic smoking devices and tools (and liquids used in these devices)
– Sweetened drinks
Is there a tourist tax in the UAE?
Yes, tourist tax is levied by restaurants, hotels, hotel apartments and resorts in the UAE. These tourist facilities may charge one or more of these taxes in the UAE:
– 10% on room rate
– 10% as service charge
– 10% as municipality fees
– City tax (which ranges between 6% –10%)
– 6% as tourism fee
Is there a social security regime?
The UAE does not impose social security on foreign workers.
The social security regime in the UAE applies to UAE and GCC national employees only. In most of the Emirates, and for a UAE national employee, social security contributions are calculated at a rate of 17.5% of the employee’s gross remuneration as stated in the employment contract. Out of the 17.5%, 5% is payable by the employee and the remaining 12.5% is payable by the employer (15% in Abu Dhabi, where the overall rate is 20%).
Why no income tax in levied in UAE?
This is simply because the government doesn’t need the money. This doesn’t mean there’s no tax at all.
The United Arab Emirates Government does not impose income taxes on companies and individuals living in the country. However, it levies corporate tax on oil companies and foreign banks. Apart from this, UAE derives its income from oil and from tourism, enough to not require an explicit income tax.
What is tax and what is VAT?
Tax is the means by which a government raises revenue to pay for public services, like hospitals, schools, defense etc. It is a compulsory payment of financial charge which is imposed on individual or entity by the governmental organization in order to develop various public expenditure. Non-payment of tax is punishable by the law.
Value Added Tax (VAT) is an indirect tax, which is imposed on most supplies of goods and services that are bought and sold. It is also known as a consumption tax placed on a product whenever value is added at each stage of the supply chain, from production to the point of sale.
Who are the registered tax agents for UAE?
As of March 18, 2018, the FTA website lists the following tax agents. This list is subject to revision hence please visit the link below to view the updated list: https://www.tax.gov.ae/registered-tax-agents.aspx
Registered Tax Agents
|Tax Agent Name||Registered Date||Tax Agency||TAAN||TAN|
|Asad Zuhair Sado Abbas||13-02-2018||Asad Abbas & Co. (Chartered Accountants)||20029690||30003776|
|Yaser Yasin Darwish||15-02-2018||Da Gate Hub Management Consultancies||20010898||30002554|
|Younis Ali Almulla||15-02-2018||Almulla For Accounting & Tax Services||20019121||30001572|
|Jadd Shalak||15-02-2018||Averyx Management Consultancies||20038519||30004899|
|Majid Abdulrahman Alshaikh||15-02-2018||Majid Alshaikh Consultancy||20040937||30000970|
|Hamdan Zakaria Awda||20/02/2018||Hamdan Awda Chartered Accountants||20024600||30001481|
|Yasser Atiyyeh||22/02/2018||XB4 Solutions(Dubai Branch)||20013751||30000657|
|Hamad Abdulla Alshamsi||22/02/2018||Prestige Auditing L.L.C||20013249||30003271|
|Mohamed Mostafa Kamel Yousef El Agha||26/02/2018||Osol Al Khebra Accounting & Bookkeeping LLC||20044764||30001200|
|Anssar Mohammed Ahmed Siddiq||26/02/2018||Verify Accounting & Consulting||20031027||30003537|
|Muhanned Anbari||27/02/2018||Becker for Financial Solutions LLC||20038642||30004279|
|Fuad Ibrahim Muflih Alomari||27/02/2018||Al Khaleej Tax Consultancy L.L.C||20009221||30004766|
|Ahmed Maher Mohamed Hassanien||28/02/2018||Ahmed Hassanien and Co Auditing of Accounts||20013090||30003727|
|Ratheesh Mekkat||28/02/2018||Al Mithaq Tax Consultancy||20008090||30001259|
|Abdel Hameed Zaitoun||8/3/2018||Genome Consulting||20032520||30000640|
|Ahmad Wafi Kanafani||8/3/2018||Kanafani Tax Services||20001749||30000863|
|Ghassan S. M. Jamoos||11/3/2018||Al Zarooni Tureva Auditing||20036596||30000343|
Will there be any special schemes for SMEs?
No special rules are planned for small or medium sized enterprises. However, the FTA will provide materials and resources available for these entities to assist them in their enquiries.