Post by account_disabled on Mar 13, 2024 22:57:23 GMT -7
Signed by you if you cannot attend the office yourself and want to authorize someone else to carry out the procedures on your behalf. After submitting these documents the Authority will examine them and ensure their authenticity and compliance with the conditions. Then it will open a tax file for you and issue you a tax number. This number you should use in all your tax and financial transactions. What is the penalty for tax evasion in Yemen The violator will be subject to a financial penalty ranging from riyals to riyals in addition to paying the due tax amount and the resulting fines unless there is a more severe penalty stipulated in another law for anyone who commits one of the following acts.
Providing incorrect data or a violation of the legal provisions about taxable sales goods or services. The emergence of a shortage or increase in goods stored in free zones and markets. Failure to submit BTC Database ES notifications declarations or documents required for the Authority or submitting them incorrectly. Failure to enable the Authority’s employees to exercise their powers of oversight inspection and review. Failure to notify the Authority of the start or cessation of activity or change of licenses. Using an incorrect registration number or tax number. Collecting undue tax.
An invoice platform that helps you create a tax invoice. Fatawa allows you to create a tax invoice that suits the tax laws in your country easily and effectively. All you have to do is register on the Fatawa platform create your detailed invoice and activate the tax option and the tax value will be calculated and added to your total invoice. Read more about how to create a tax invoice Conclusion All individuals companies and residents must adhere to the Yemeni tax system and issue a tax declaration to submit to the competent authorities to prevent tax violations.
Providing incorrect data or a violation of the legal provisions about taxable sales goods or services. The emergence of a shortage or increase in goods stored in free zones and markets. Failure to submit BTC Database ES notifications declarations or documents required for the Authority or submitting them incorrectly. Failure to enable the Authority’s employees to exercise their powers of oversight inspection and review. Failure to notify the Authority of the start or cessation of activity or change of licenses. Using an incorrect registration number or tax number. Collecting undue tax.
An invoice platform that helps you create a tax invoice. Fatawa allows you to create a tax invoice that suits the tax laws in your country easily and effectively. All you have to do is register on the Fatawa platform create your detailed invoice and activate the tax option and the tax value will be calculated and added to your total invoice. Read more about how to create a tax invoice Conclusion All individuals companies and residents must adhere to the Yemeni tax system and issue a tax declaration to submit to the competent authorities to prevent tax violations.