Any UAE VAT registrant who is liable for penalty can file an application for Reconsideration with the Federal Tax Authority (FTA) if they are not satisfied with the decision. Now, the FTA follows a favorable approach for penalty payers and will review its own decision on the application for Reconsideration. It’s a great relief provided by the FTA to taxpayers.
Furthermore, a taxpayer can also file the reconsideration form for any clarification received by the FTA requesting them to reconsider its clarification. The Reconsideration Form shall be filed within 20 business days from the day a business is being notified of the decision or clarification.
The Reconsideration form should be filed in the Arabic language only and no other language is allowed for filing the application. We discuss the purpose for which the clarification is filed, the eligibility and approach of filing. We remain watchful throughout the process.
Our team having experience and knowledge in the subject, can assist companies in compiling and submitting all the necessary documents required for the Reconsideration within the stipulated time period of 20 business days. Our professionals will provide you with in-depth insights into the intricate procedures of the legal provisions. We can help you draft legal and expert submissions to include technical and procedural arguments
Forthright has waived maximum of penalty levied to our clients effectively and efficiently.
Ever since I switched to Forthright, I have been able to save so much time on paperwork and accounting. Forthright is the best accounting software I have ever used. Highly recommend it to anyone
Since I switched to Forthright, I have seen a drastic decrease in the number of hours that I spend on bookkeeping every month. Forthright has simplified the entire process and made it very user-friendly. The customer service is excellent, and they are always available to help. Highly recommend!
I have been using Forthright for my business accounting and I have been very happy with the service. I have found their staff to be very helpful and knowledgeable. The online interface is very user-friendly and makes it easy to keep track of my finances. Highly recommend!
Office 938, Business Tower, Burjuman, Dubai, UAE