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VAT Voluntary Disclosure (VD) in the UAE

Expert Guidance for VAT Compliance and Optimization

What is VAT Voluntary Disclosure?

VAT Voluntary Disclosure (VD) in the UAE allows businesses to correct errors or omissions in previously submitted VAT returns. If a company discovers an overreporting or underreporting of tax, it can proactively disclose and rectify these inaccuracies to the Federal Tax Authority (FTA) before an audit detects them.

Key Aspects of VAT
Voluntary Disclosure

Time Limit: Voluntary Disclosures must be made within five years from the original filing date of the period in which the error occurred.

Purpose: Ensures VAT compliance, reduces penalties, and avoids legal risks.

Correction Process: Businesses must amend their VAT return and submit a revised declaration with the correct figures.

Penalty Reduction: Timely disclosures may help in reducing penalties, compared to errors found during an FTA audit.

Steps Involved in Filing a VAT Voluntary Disclosure

Error Amount (AED) Action Required Deadline
More than 10,000 Submit a Voluntary Disclosure to the FTA Within 20 business days from the date of awareness
10,000 or less Correct the error in the next VAT return (if applicable) OR submit a Voluntary Disclosure By the due date of the next VAT return OR within 20 business days if no return is due

New FTA Decision No. 8 of 2024 (Effective from 1 January 2025)

The FTA has outlined new guidelines for correcting errors and omissions in VAT returns:

How Spectrum Can Assist You?

As a leading VAT consultancy firm in the UAE, Spectrum’s team of VAT experts can guide you through the Voluntary Disclosure process, ensuring full compliance with FTA regulations. Our services include:

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Need help with VAT voluntary disclosure for your business? Whether you’re correcting errors in your previous VAT filings or ensuring full compliance, Spectrum provides expert guidance to manage the process efficiently and accurately.

Call us today for a free consultation

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