Excise Tax is a single-stage indirect tax applied to specific goods considered harmful to public health or the environment, or classified as luxury items. As part of the Gulf Cooperation Council (GCC) framework, member states have implemented a common Excise Tax system, allowing each to impose tax rates on selected products independently.

In the UAE, the Federal Tax Authority (FTA) has introduced a robust electronic system for the registration of excise goods, along with mandatory reporting requirements for returns and declarations. These updates aim to enhance transparency, ensure accurate tracking of excisable goods, and enforce compliance across the supply chain.

At Goldstone, we offer tailored Excise Tax Compliance services to help businesses effectively manage their obligations amid evolving regulations. From filing returns and declarations to reviewing internal controls, our services are designed to minimize compliance risks, optimize processes, and reduce the overall excise tax burden on your operations.

Why Choose Goldstone for Excise Tax Compliance?

• Assistance with FTA registration of excisable goods

• Support in filing declarations and periodic Excise Tax returns

• Review of transaction flows to ensure accurate tax treatment

• Advisory on cost-saving opportunities and risk mitigation

• Ongoing compliance monitoring to prevent penalties and delays

With Goldstone’s experienced tax professionals by your side, your business can stay ahead of excise tax regulations, avoid non-compliance risks, and maintain financial control.