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The Federal Tax Authority (FTA) in the United Arab Emirates (UAE) has established a process known as Voluntary Disclosure for correcting errors or omissions in tax returns, tax assessments, or tax refunds. This process allows businesses to voluntarily disclose mistakes to the FTA, which can help them avoid penalties and ensure they are compliant with UAE tax laws.

By using Ally Accounting & Auditing service for VAT Voluntary Disclosure, businesses can ensure that your disclosure is prepared correctly and professionally, which can improve the likelihood of a successful resolution with the FTA. However, it’s important for businesses to seek our professionals advice as early as possible when you discover a mistake, as there are time limits for making a Voluntary Disclosure.