Coverage includes registration under the mandatory or voluntary threshold, monthly or quarterly return filing, input and output tax reconciliation, tax invoice format compliance, record retention for the statutory five year period, and voluntary disclosures where errors are identified. Asad Abbas & Co. applies Federal Decree-Law No. 8 of 2017 and Cabinet Decision No. 52 of 2017 to every engagement, aligning positions with current EmaraTax portal requirements.

The Federal Tax Authority assigns each taxable person a tax period at registration. Businesses with annual taxable turnover above the prescribed threshold typically file quarterly returns, while larger taxable persons are placed on monthly filing. Returns and any payable tax are due within twenty eight days of the tax period end, submitted through the EmaraTax portal. Late filing attracts fixed administrative penalties, with additional penalties for late payment.

Yes. Our ongoing compliance service covers monthly bookkeeping review, tax period return preparation, EmaraTax submission, and quarterly reconciliation for small and medium enterprises operating across Abu Dhabi and Al Reem Island. Engagement includes a partner reviewer on every return, retention of supporting documentation, and a voluntary disclosure protocol where errors are identified. Fee structure is scoped to filing frequency and transaction volume.

Yes. Our team is listed across 17+ UAE free zones and supports designated zone and non designated zone entities. Designated zone treatment affects place of supply, movement of goods, and input tax recovery, and each position requires documentary support against the Federal Tax Authority designated zone rules. Asad Abbas & Co. reviews contracts, movement records, and customs documentation before advising on the correct output tax and reverse charge treatment.

Qualified professionals are those registered as FTA Approved Tax Agents and supported by CPAs, CGMAs, and CMAs. Registration status can be verified through the Federal Tax Authority tax agent register. Our Addax Tower office on Al Reem Island houses a dedicated tax practice covering registration, return filing, voluntary disclosures, and pre inspection reviews for businesses operating across Abu Dhabi, the mainland, and free zones.

For a manufacturer, our tax practice runs transaction cycle reviews covering input tax on plant, machinery, and imported raw materials, output tax on domestic and export sales, and reverse charge treatment on imported services. Federal Decree-Law No. 8 of 2017 positions are tested against source invoices, customs entries, and contractual terms before returns are filed through the EmaraTax portal.

A pre inspection audit is a structured review of tax positions, documentation, contracts, and system controls conducted ahead of a Federal Tax Authority audit visit or voluntary disclosure filing. It is advisable where a business has undergone system migration, entered new supply arrangements, expanded into free zones, or received a Federal Tax Authority notification. The output is a remediation plan with quantified exposure and prioritised corrective actions.

Monthly reconciliation aligns the general ledger tax accounts against filed returns, input tax against supplier tax invoices, and output tax against issued tax invoices. Discrepancies are investigated, corrections are documented, and any exposure is quantified for voluntary disclosure consideration. For a trading firm the review extends to import VAT statements from the Federal Tax Authority portal and customs declarations tied to specific consignments.

Yes. Risk assessment for retail and e commerce covers point of sale tax invoice compliance, marketplace and platform transaction treatment, cross border supply positions, promotional discount treatment, and return and refund handling. Our team applies Federal Tax Authority guidance on electronic commerce and issues a written risk register with prioritised remediation. Engagement can be scoped as a one time review or an ongoing quarterly service.