UAE VAT UPDATE 2024
The FTA enhanced the EmaraTax portal for user convenience, granting access to expired document details of the tax registrants on the dashboard for necessary updates.
For Corporate Tax registration, it is mandatory to update expired documents like passports, trade licenses, Emirates IDs etc.
• Please note that according to Article 6 of the Executive Regulation of Federal Law No. 7 of 2017 on Tax Procedures (Amended Cabinet Decision No. 51 of 2021), VAT registrants must update all the changes including changes in their name, address, AOA, nature of business etc. in the EmaraTax portal within 20 business days. Failure to inform the authority about necessary tax record amendments incurs penalties.