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Failure to register for VAT: Penalties

An offense will be charged by a person who, under Section 51(1) (a), does not get registered for value-added tax right according to section 12 of value-added tax. No matter whether the person is knowledgeable about the value-added tax liability or not, they will be penalized if they don’t get registered for VAT within the timeframe. The penalty for not registering for value-added tax within the timescale is AED 20,000. The fines and penalties will be no fewer than AED 500 and not more than 300% of the value of the tax on the transaction in question. Failure to keep the records Keeping the required documents and data is essential if you do not want to get penalized. The penalty for not following the data needed for value-added tax in Dubai is 10,000 United Arab Emirates Dirham for the first time. If the breach is repeated, AED 50,000 will be imposed as fine for each repeated offense. Additionally, if the records are not submitted in the Arabic language if the Authori