Excise Tax is a tax on specific goods considered harmful to health or the environment, including tobacco products, energy drinks, carbonated drinks, and sweetened drinks sold or imported into the UAE.
Importers, producers, and stockpilers of excisable goods in the UAE must register for Excise Tax with the FTA, regardless of their revenue level, there is no minimum threshold.
Excise Tax Returns are filed monthly with the FTA, with payment due by the same deadline as the return. IFC manages preparation and submission for registered businesses.
An FTA Excise Tax Audit reviews a business's stock records, import documentation, and tax calculations to confirm Excise Tax has been correctly declared and paid. IFC helps UAE businesses prepare records and represents them during the Audit.
Late Excise Tax Registration and Filing both carry FTA administrative penalties, which increase the longer the non-compliance continues. IFC helps UAE businesses register and file on time to avoid this exposure.
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