Accounting records (United Arab Emirates)
The FTA administers VAT compliance, monitors collection of VAT, and issues assessments based on identified risk factors. Accordingly, all UAE VAT registrants are required to maintain the following business records for a specified period of time:
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•ÌýÌýÌýÌý Records pertaining to supplies and imports of goods and services.
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•ÌýÌýÌýÌý Tax invoices, tax credit notes and alternative documents issued and received.
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•ÌýÌýÌýÌý Records where goods and services are disposed of or are used for purposes other than business purposes (including VAT paid thereon).
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•ÌýÌýÌýÌý Records of transactions where input VAT was not deducted.
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•ÌýÌýÌýÌý Records for exports of goods and services.
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•ÌýÌýÌýÌý Records of adjustments or corrections made to accounts or tax invoices.
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•ÌýÌýÌýÌý Records of
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Web page updated on 17 Mar 2025 14:42