Voluntary Disclosures
Voluntary disclosure allows UAE businesses to correct VAT or tax errors proactively before the Federal Tax Authority identifies them. Many businesses discover mistakes in past VAT returns, calculations, or classifications but delay action due to fear of penalties or uncertainty about the process.
Zama provides voluntary disclosure services to help businesses correct errors transparently and in compliance with UAE tax regulations. Proper voluntary disclosure can significantly reduce penalties and demonstrate good compliance intent to the authorities.
This service is critical for businesses that want to resolve issues before they escalate into audits or enforcement actions.
Business Problems This Service Solves
Our Scope of Voluntary Disclosure Services
Who This Service Is For
How Zama Delivers Voluntary Disclosure Services
Zama begins by reviewing affected VAT periods and identifying the nature and extent of the error. We calculate the corrected tax position and assess potential penalties.
Once calculations are confirmed, we prepare the voluntary disclosure submission with clear explanations and supporting documents. We submit the disclosure through the Federal Tax Authority portal and advise on payment or refund adjustments.
Our approach ensures transparency while minimizing exposure.