Bearing the following in mind that preparation is the best time to start creating awareness within the organization as well as assessing the potential impacts of the new taxes on business including its margins and cash flow.
There is a huge demand for a VAT Registration Consulting and Tax advisory services in the UAE. So that businesses can prepare themselves in advance to comply with VAT obligations.
Fines can be very high if the rules are not followed correctly.
It is now time to start preparing for the new tax obligations, especially when it comes to charging, collecting and paying VAT in a timely manner to the Tax Authority.
Bearing the following in mind that preparation is the best time to start creating awareness within the organisation as well as assessing the potential impacts of the new taxes on business including its margins and cash flow.
There is no doubt the new VAT will cause a change in the businesses culture as they need to understand their customer’s buying behavior as well as being aware of what their competitors are doing.
Businesses need to start preparing in time to be able to comply with the new tax obligations including charging, collecting and paying VAT to the Tax Authority in a timely manner.
VAT DIGITIZATION
It is more important than ever for businesses to consider accounting software after FTA introduced VAT implementation in January 2018. This means that all VAT-registered businesses with a taxable turnover above the VAT threshold of AED 375,000 will need to use compatible software to submit their VAT returns.
VAT REGULATION AND SUPPORT
Help you to stay VAT compliant while ever growing regulatory requirements has made it extremely difficult to stay on top of VAT compliance unless you are exceptionally proficient.
We provide an efficient and cost-effective VAT services to ensure that your business is VAT compliant. We support you for
- VAT registration
- VAT planning and administration
- VAT control and reconciliation
- Choose a suitable scheme
- Completing VAT returns and Records
- Representing you at VAT Authorities if necessary.
Contact us today for a free initial consultation!
VAT Services
Registration
It is mandatory in the UAE to register for VAT if your business turnover exceed minimum VAT threshold limit. However, you can also opt for voluntary VAT registration.
VAT return & refund
Filing VAT return is not just sending numbers to the FTA. It requires reconciliation of amounts with all supporting record. Wrong filing and refund claim can attract penalties.
VAT Agent services
We provide full support and professional advice about complex VAT issues and represent you in FTA. We also offer regular monitoring of the accuracy and filing dates on your account. This can prevent your company from incurring penalties for late filing or errors.