What happens if UAE VAT201 return filing is delayed or late?

The VAT Return 201 must be submitted on FTA Portal no later than the 28th day following the end of the tax period which is also the deadline for the settlement of the net vat liability if any.

It should be noted if the due date for the submission of the VAT Return and the corresponding payment falls on a weekend or an official public holiday in the UAE, the deadline for filing the VAT Return or making payment of net vat dues is extended to the first business day thereafter.
​
Example, if your tax period ends on the 30th June 2018, the VAT Return 201 and payment of net vat dues if any must be settled no later than the 28th of July 2018. However, as the 28th of July  2018 is a Saturday, the VAT return shall be due on July 29th, 2018.

Delay in submission of VAT Return 201 attracts penalty of AED 1,000/- for the first time and penalty of AED 2,000/- for the second time . 

Delay in settlement of the net due vat attracts penalty of 2% for first six day from due date, 4% till 30th day from due date and 1% for each day after lapse of 30days from the due date up to 300th day or date of settlement whichever is earlier/less. 

Gupta Accountants competent team as Vat Consultants in Dubai, provides supports at all the stages of the Value Added Tax on good and services in UAE to local  companies, free zone based companies  and designated zone based companies of Dubai, Abu Dhabi Sharjah, Umm Al Quwain, Ajman, Ras Al Khaimah and Fujairah.
​  VAT | REGISTRATION | COMPLIANCE | AUDIT | REFUND | CONSULTING ​​​​