Excise Tax Consultancy Services
Excise Tax Consultancy Services in UAE & Saudi Arabia
In pursuit of a healthier environment and improved public health, the UAE government has implemented excise tax on specific products. At Bright Vision Financial Consultancies L.L.C, we offer comprehensive excise tax consultancy services, aiding businesses in Dubai and the UAE to navigate this evolving tax landscape.
Understanding Excise Tax in the UAE & Saudi Arabia
As of October 1, 2017, the Excise Tax Federal Decree-Law No. (7) of 2017 introduced the UAE’s first excise tax, targeting certain commodities. Subsequently, Cabinet Decision No. 52 of 2019 expanded the scope, including additional products from December 1, 2019.
As of October 1, 2017, the Excise Tax Federal Decree-Law No. (7) of 2017 introduced the UAE’s first excise tax, targeting certain commodities. Subsequently, Cabinet Decision No. 52 of 2019 expanded the scope, including additional products from December 1, 2019.
Products Subject to UAE & Saudi Arabia Excise Tax
Our excise tax consultancy covers a range of goods, including but not limited to:
Carbonated Drinks
Aerated beverages.
Energy Drinks
Beverages containing stimulant substances marketed for mental and physical stimulation.
Tobacco and Tobacco Products
Items listed in Schedule 24 of the GCC Common Customs Tariff, including electrically heated cigarettes.
Electronic Smoking Devices and Tools
Items listed in Schedule 24 of the GCC Common Customs Tariff, including electrically heated cigarettes.
Liquids for Electronic Smoking Devices and Tools
All liquids used in such devices, including those with nicotine or tobacco.
Sweetened Drinks
Beverages with added sources of sugar or sweeteners, following Standard 148 and Standard 995 of the GCC Standardization Organization.
Entities Obligated to Register for Excise Tax
- Our excise tax services assist the following groups in fulfilling their UAE excise tax registration obligations:
- Producers of Excise Goods
- Importers of Excise Goods
- Stockpilers of Excise Goods
- Warehouse Keepers for Excise Goods
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Reach out to Bright Vision and schedule a call with us to discuss your requirement in details.
