Business Setup & Formation
Excise Return Filling
An excise return is an official document that must be submitted by every registered person to the Federal Tax Authority (FTA) on a monthly basis. All excise returns should be filed electronically through the FTA portal by the 15th of the following month. If no excise transactions occurred during the period, the registered person is still required to submit a NIL return before the deadline.
Penalties for Failing to Comply
Penalty for Late Submission or Non-Payment of Excise
Non Submission of return on time
AED 1000 for the first time delay
AED 2,000 in case of repeated non-compliance within 24 months
Non-Payment of Excise on Time
2% of the unpaid tax becomes immediately due if the excise payment is late
4% of the unpaid tax is applied on the seventh day after the payment deadline for any remaining unpaid amount
A daily penalty of 1% is charged on any outstanding tax one calendar month after the due date, with a maximum cap of 300%
Riteway Assistance:
Riteway Consultants offers expert support to help businesses comply with Federal Tax Authority regulations. Our excise return specialists monitor all deadlines carefully and ensure timely submission of returns, guaranteeing smooth compliance with all legal requirements and related rules.
