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Value Added Tax (VAT)
The Ministry of Finance introduced VAT Tax Law ( Federal Decree Law no. 8 of 2017 ) w.e.f., 1ST January 2018, in UAE on Taxable Supply. Our team of highly skilled professionals, with extensive experience serving multinational companies, is well – equipped to provide the following comprehensive Value Added Tax (VAT) Service;
Comprehensive VAT Registration
Assistance with initial VAT registration.
VAT Return Filling
Preparation and filling of VAT returns in compliance with UAE FTA requirements.
VAT Advisory Services
Expert advice on VAT- related queries and complex transactions.
VAT Audit Support
Preparation for FTA audits with thorough documentation and record- keeping
VAT Health Check
Periodic reviews of your VAT compliance status.
VAT Reclaim Services
Assistance with reclaiming VAT on eligible business expenses.
Cross – Border VAT Management
Guidance on VAT implications for international transactions.
VAT Penalty Mitigation
Strategies to minimize penalties through proactive compliance.
Value Added Tax (VAT)
VAT Registration
- Eligibility check: Determine if your business meets the criteria for VAT registration.
- Documentation Preparation: Gather necessary documents for registration.
- VAT Registration Submission: Complete and submit the VAT registration application to the UAE Federal Tax Authority.
VAT Return Filling
- Data Collection: Gather all necessary data for VAT return.
- Vat Calculation: Calculate the VAT due or refundable.
- Return Submission: File VAT returns within the specified deadlines.
