How to comply with tax regulations in Abu Dhabi

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Abu Dhabi has transformed itself into a global business hub, attracting entrepreneurs and established companies alike.

Complying with tax regulations in Abu Dhabi involves understanding and adhering to the requirements set by the Federal Tax Authority (FTA). Businesses must first register for VAT if their taxable supplies and imports exceed AED 375,000 annually. Regularly maintain accurate financial records, including invoices and receipts, to ensure transparency. Filing VAT returns on time is crucial; returns are typically filed quarterly. Businesses should also be aware of excise tax obligations on specific goods such as tobacco, energy drinks, and carbonated beverages. Ensuring compliance includes understanding the correct application of VAT on goods and services, proper invoicing, and timely payment of any due taxes. Seeking advice from tax professionals can help navigate the complexities of Abu Dhabi's tax landscape and avoid penalties. Staying updated with FTA guidelines and participating in relevant training can further enhance compliance. 

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