UAE tax, VAT, bookkeeping & CFO insights — practical guides for business owners.
The FTA collected AED 46.52 billion in corporate tax, up 33.9%, and 91% of returns were filed on time. The other 9% paid for being late — here is the scoreboard.
Cabinet Decision No. 173 of 2026 repealed the old e-invoicing fines on 30 October, yet a major penalties page still prices the dead AED 1,000-a-day fines.
VAT penalties UAE: a 2026 FAQ still charges 1% a day on late VAT. The real meter is 14% a year since April. See the AED 100,000 maths and check yours.
VAT penalties UAE: one guide charges AED 5,000-15,000 for a late return, escalating daily. Careful accounts print AED 1,000. Check which table you trust.
VAT profit margin scheme UAE: a used-car guide charges AED 350 on a AED 7,000 margin. The FTA fraction gives AED 333.33. Check your stock book this week.
Company liquidation in the UAE: the 20 business day clock belongs to VAT. Corporate tax deregistration allows three months, and the fine meters up. Read why.
E-invoicing in the UAE: consumer sales are out of the system but still count toward the AED 50m phase test. Check your gross income before you sign today.
UAE VAT bad debt relief: the careful accounts start the six-month clock at the supply date, not the due date. Check your ledger before relief slips away.
Corporate tax penalties in the UAE never merged with VAT in April 2026. Decision 129 covers VAT and excise only; corporate tax stays under Decision 75.
Old VAT credit in the UAE: 2018-2020 credits die on 31 December, but guides disagree on 2021. Check your period-by-period position before it lapses for good.