Business Setup & Formation
VAT Advisory Services
VAT is a consumption-based tax applied in over 160 countries worldwide. The UAE implemented VAT for the first time in 2018, and its regulations are regularly updated. It is essential to stay compliant to avoid penalties, as the UAE enforces strict tax regulations. As one of the leading VAT consultants in the UAE, we have a team of qualified tax experts who provide guidance on all VAT-related matters, allowing you to focus on growing your business.
VAT Advisory Services Offered:
VAT registration and compliance management.
Guidance on setting up invoicing processes.
Preparation and online filing of VAT returns as per FTA schedule.
Advice on transactions and methods to optimize tax liability.
Clarification on transactions within Designated Zones.
Guidance on VAT applicability and treatment of specific transactions.
Support for transactions with other GCC countries.
Verification of input tax credit claims to minimize final tax liability.
Identification and evaluation of tax-exempt transactions.
Assistance with reverse charge mechanism and related tax obligations.
Support for tax deposits to the FTA.
Assistance in dealing with the FTA for VAT refunds and assessments.
Filing of voluntary disclosures with the FTA.
