Episode 43: Customs Policy No. (582024) What Voluntary Disclosures Mean for Your Business in the UAE

Join us in this episode of Everything Tax as our experts dive into the latest Customs Policy No. (58/2024), with insights from tax specialist Ravi Chandra. We break down how this policy impacts businesses in the UAE, offering a pathway for voluntary disclosures and self-regulation in customs compliance. Learn how to correct past mistakes, avoid penalties, and stay compliant with Dubai Customs. 

Don't miss these crucial insights into customs violations, reconciliation tips, and more.

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Chapters

• 0:00 Introduction
• 0:55 Baseline Question
• 1:27 Intention
• 2:22 Violations Covered
• 3:16 Voluntary Disclosure Process
• 3:58 Who can file Voluntary Disclosure
• 4:36 Payment Deadline
• 5:34 Takeaways
• 8:00 Implications