If you’ve submitted a VAT return with incorrect information or need to update details, our VAT amendment service is here to help. We ensure that your corrections are processed efficiently while minimizing any potential penalties or delays.
If you’ve submitted a VAT return with incorrect information or need to update details, our VAT amendment service is here to help. We ensure that your corrections are processed efficiently while minimizing any potential penalties or delays.
Whenever the documents are renewed [Trade license, EID, Passport], it has to be updated in the FTA portal by applying the Taxable Person amendment.
Whenever there are any changes in Business activity, office address, email ID, and
Mobile number. It has to be updated in the FTA portal within 21 days from the date of
occurrence. If not, the Registrant will incur an administrative penalty of AED 5000 for the late
amendmen.
Whenever there are any changes in the Partnership, Company name, or Manager
clause, it has to be updated in the FTA portal within 21 days from the date of occurrence. If not,
the Registrant will incur an administrative penalty of AED 5000 for the late amendment
We need to collect all the required documents.
Once all are received, we have to cross-verify them and put the submission.
Our invoice team will share the payment link for these services through cliq or Email.
Once the client has made the payment, our process team will apply the Taxable person amendment and share the submitted screenshot.
From our side, we need to share the Submission screenshot with the client.
If FTA requests any additional information, we need to check and provide those details to get the approval.
Once approved, FTA will provide us with the Revised TRN certificate.
Incorrect figures in VAT returns
Missed transactions or invoices
Changes in business details
Adjustments due to updated regulations
Incorrect figures in VAT returns
Missed transactions or invoices
Changes in business details
Adjustments due to updated regulations
A VAT amendment refers to the process of correcting errors or updating information in a previously submitted VAT return. Whether it’s adjusting figures, updating sales or purchases, or correcting input tax claims, businesses may need to amend their VAT returns from time to time.
When Should You Amend Your VAT Return?You should amend your VAT return if you discover:
Generally, amendments can be made within a specified time window (usually 4 years), but it’s crucial to check local tax authority guidelines.
How to Amend Your VAT Return?The amendment process may vary depending on the jurisdiction. Typically, you would:
Failing to amend a VAT return or declaring incorrect information can lead to penalties and interest charges. It’s advisable to correct errors as soon as they’re detected to avoid penalties.
Professional AssistanceIf you’re unsure about the amendment process or have complex VAT situations, seeking professional advice can help ensure compliance and accuracy
Get personalized guidance and solutions for all your VAT needs