Excise tax in the UAE, introduced under Federal Decree-Law No. 7 of 2017 on Excise Tax, is a specialized indirect tax levied on specific goods that are considered harmful to health or the environment, such as tobacco products, carbonated drinks, energy drinks, and sweetened beverages. Businesses dealing with excisable goods are required to register with the Federal Tax Authority (FTA), maintain accurate records, and submit timely returns. Failure to comply can result in substantial penalties and regulatory scrutiny.
At Essence Accounting and Tax Consultancy LLC, we provide end-to-end excise tax advisory and compliance solutions, helping businesses understand their obligations, optimize their processes, and ensure full compliance with UAE excise tax regulations. Our services are tailored for manufacturers, importers, distributors, and retailers of excisable products, ensuring that all aspects of excise tax management are covered, from registration to filing, planning, and risk mitigation.
Our advisory services help businesses navigate the complex framework of excise tax. We provide guidance on taxable goods classification, supply chain structuring, excise tax calculation, and registration requirements, ensuring that all aspects of your business operations comply with FTA legislation. We also advise on tax-efficient structuring for import, manufacturing, and distribution activities, enabling companies to optimize cash flow and minimize unnecessary excise tax liabilities.
By proactively addressing regulatory requirements, we help businesses avoid costly errors, maintain accurate records, and implement processes that ensure ongoing compliance. Our advisory approach combines regulatory knowledge with practical operational insights, empowering companies to focus on growth while managing excise tax obligations efficiently.
Timely and accurate filing of excise tax returns is essential for avoiding penalties and ensuring good standing with the FTA. Essence UAE manages all aspects of excise tax compliance, including preparing, calculating, and submitting returns in accordance with FTA requirements. We ensure that all taxable goods movements, adjustments, and stock reconciliations are properly documented and reported, giving your business a robust compliance framework.
Our compliance services also include record-keeping for audit purposes, preparation of supporting schedules, and verification of excise tax invoices. This meticulous approach ensures that your business remains audit-ready and fully aligned with UAE excise tax laws, reducing the risk of fines or disputes with authorities.
Excise tax audits are a significant area of focus for the FTA. Essence UAE provides audit preparation and authority representation, helping businesses manage inspections or queries with confidence. We review records, reconcile stock and sales data, and ensure all supporting documentation is complete and accurate. During an audit, we act as your representative with the FTA, providing explanations, clarifications, and responses on your behalf, minimizing disruption to operations while protecting your financial interests.
Additionally, we conduct risk assessments to identify potential areas of non-compliance, advise on corrective measures, and implement robust processes to mitigate future exposure. By addressing compliance risks proactively, we help businesses maintain smooth operations and protect against financial penalties.
Partnering with Essence UAE ensures that your business receives expert guidance on excise tax compliance, advisory, and audit readiness. Our team combines deep knowledge of UAE excise tax laws with extensive practical experience, delivering solutions that optimize compliance, reduce risks, and support operational efficiency.
Our approach is tailored, proactive, and client-centric, helping businesses navigate regulatory requirements with confidence. From registration and return filing to advisory and audit support, we provide integrated services that enhance financial governance and safeguard your company’s reputation.
Ensure your business complies with UAE excise tax regulations while optimizing operational efficiency with professional excise tax advisory and compliance solutions from Essence UAE.
Phone: +971 56 583 4586
Email: info@essenceuae.com
Address: Office No. 15, 21 (07), Iris Bay Tower, Business Bay, Dubai, UAE
Partner with Essence Accounting and Tax Consultancy LLC for expert excise tax services, safeguarding your business from penalties, enhancing compliance, and ensuring efficient tax management across all excisable goods operations.
Contact our expert team for professional consultation