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The FTA has made the provision for qualified and licensed persons to assist Taxable Persons in compliance under VAT. These persons are called Tax Agents. Let us understand more about Tax Agents under VAT.
A Tax Agent is a person registered with the FTA, who can be appointed by a Taxable Person to represent him/her before the FTA and assist in fulfilling his/her tax obligations and exercising his tax rights. A Tax Agent can assist taxable persons to fully meet their tax obligations and save them the time and effort required in compliance.
The duties of a Tax Agent are the following:
A person wanting to register as a Tax Agent should fulfil the following conditions:
The FTA will reject an application for registration as a Tax Agent in the following 2 cases:
A person who would like to act as a Tax Agent has to mandatorily register with the FTA and obtain a Tax Agent license. A Tax Agent register is a register maintained by the FTA in which all matters related to a Tax Agent’s professional conduct will be lodged.
Violation |
Administrative Penalty (AED) |
1. Failure by a person appointed as a legal representative for a Taxable Person to inform the FTA of his/her appointment within 20 business days from the date of the appointment. The penalty will be due from the legal representative’s funds |
20,000 |
2. Failure by a person appointed as a legal representative for a Taxable Person to file a tax return within the 28th of the month following the end of the tax period. The penalty will be due from the legal representative’s funds |
1,000 for the first time 2,000 in case of repetition within 24 months |
Hence, a Tax Agent performs a very important role of enabling and guiding Taxable Persons to accurately and effectively perform activities of compliance under VAT. They act as a mediator between Taxable Persons and the FTA. In our next article, we will understand the process of registering as a Tax Agent in UAE.
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