How to Automate Excise Tax Compliance & Reduce Business Risk in UAE
Managing excise tax compliance in the UAE can be challenging for businesses dealing with tobacco, vaping products, sweetened beverages, carbonated drinks, and energy drinks. The process involves tracking taxable goods, filing monthly returns, maintaining accurate records, and ensuring payments are made on time. Any mistake in tax calculations or reporting can lead to penalties, audits, […]
How UAE Excise Tax Is Affecting the Tobacco Industry & Supply Chain
The UAE excise tax on tobacco products has reshaped the industry, creating new challenges for manufacturers, importers, distributors, and retailers. With a 100% excise tax on tobacco, the cost of cigarettes, shisha, and other tobacco products has doubled, significantly altering consumer demand, business operations, and supply chain management. For businesses in the tobacco industry, excise […]
How UAE Excise Tax Is Changing Consumer Behavior: A Market Analysis
Excise tax in the UAE has significantly reshaped consumer purchasing habits and business strategies since its introduction in 2017. The tax, which applies to tobacco, vaping products, energy drinks, carbonated drinks, and sweetened beverages, was implemented to reduce the consumption of harmful products while generating government revenue. As prices for excise goods have increased by […]
UAE Excise Tax & Health Policies: How the Government Is Fighting Unhealthy Consumption
The UAE has taken a proactive approach to public health, introducing excise tax as a tool to reduce the consumption of unhealthy products. The government aims to combat lifestyle diseases, encourage healthier choices, and ease the burden on the healthcare system by making harmful goods more expensive. Excise tax in the UAE applies to tobacco, […]
Excise Tax for Wholesale & Bulk Importers in UAE: A Compliance Guide
Wholesale and bulk importers in the UAE play a crucial role in the supply chain of excise goods, including tobacco, vaping products, energy drinks, carbonated beverages, and sweetened drinks. However, dealing with excise goods comes with strict tax regulations, documentation requirements, and compliance obligations. The UAE government introduced excise tax to reduce the consumption of […]
How to Handle UAE Excise Tax Audits & Avoid Heavy Penalties
Excise tax in the UAE applies to tobacco, vaping products, energy drinks, sweetened beverages, and carbonated drinks. Businesses dealing with these products must comply with strict tax regulations, ensuring they register, pay excise tax correctly, and file accurate tax returns. The Federal Tax Authority (FTA) conducts excise tax audits to check if businesses are complying […]