Tax Procedures Law
For the conduction of audits, determining tax evasion, ordering penalties, etc., tax procedure laws have been established. Because of tax procedure law, it will become easier for the UAE’s government to review the tax proceedings of the companies. This law provides an outline to the people and to the government to make sure that all the people comply with the rules and regulations made by the federal tax authority.
Tax Audits
The main duty of the Federal Tax Authority (FTA)is to carry out tax audits. For this purpose, expert and fluent Arabic and English speakers have been hired to conduct the audit process expertly. It is noted here that the audit can be performed on anyone by FTA. The person doesn’t need to hold a registration number for the audit. The basic reason behind the audit is to check whether or not the people are complying with federal tax law or not.
At least 5 days before conducting the audit, the FTA informs the person or the company. If FTA wants, it can close the business for up to 72 hours. The business is closed so that nothing may hinder the process of conducting the audit. Note that the business cannot closed until or unless the Director General of the FTA approves of the closure. Also, the business closure can be extended from 72 hours as well if the public prosecutor approves of it.
Read more 
