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VAT Consultancy
In contrast to a progressive income tax, which levies greater taxes on higher-level earners, Value Added Tax (VAT) is based on taxpayers’ consumption rather than their income. VAT applies equally to every purchase.
In other words, VAT is levied on the price of a product or service at each stage of production, distribution, or sale to the end consumer, except a business is the end consumer which will reclaim this input value.
Businesses in UAE are facing quiet several challenges while implementing VAT in their business stream to ensure that they are VAT compliant. As VAT is a newly adopted concept in the region, it requires advice from qualified and experienced Tax professionals, to support the businesses.
Being Registered Tax Agents in UAE, our team of Tax Agents and VAT Consultants assist clients efficiently to manage their VAT transactions by implementing tax procedures and complying with VAT consultancy laws and advising on transactions.
Our Tax Agents in Dubai and VAT Experts ensure that the businesses comply with the rules and regulations of the Federal Tax Authority and International Laws.
The approach of our VAT consultants in UAE ensures that clients can appropriately and judicially react to changes in VAT laws, diffuse potential problems before they arise and structure their business activities to maximize tax benefits.
We are engaged in providing the following VAT Consultancy services in UAE:
- Being registered VAT consultants in Dubai, help in planning and analyzing the impact on your business.
- Map all relevant processes and transaction flows and tax touchpoints.
- Our tax consultants in Dubai, review existing contracts to identify the material impact of VAT.
- Our VAT consultants and Tax Agents in Dubai identify information requirements.
- Provide registration completion report and review.
- Assess the right amount of tax liability and refund as well as identifying any deferrals.
- Filing and Tax reporting by professional VAT consultants.
- Review VAT/ Excise compliance.
Have VAT in arrear!
Do not panic as we have all sorts of solutions ranging from your VAT liabilities in general to calculating your due taxes and mapping all tax touchpoints just to make you stress-free.