VAT Consultancy in the UAE Value Added Tax (VAT) was introduced in the UAE on 1st, January 2018. A VAT is a tax on the consumption and it is used on Goods and Services at each point of sale. The VAT is a form of indirect tax and is used in more than 180 countries around the world. Every consumer ultimately bears this tax. And it is paid to the Government by the consumer. Since VAT is regulated by the FAT, the applicability of VAT, VAT procedures and VAT rates, differs from state to state. The rate of VAT is 5 percent. VAT consultants can provide a number of services like VAT registration, VAT return filing, VAT audit, VAT consultation, VAT hearing and many more. And our team of Value Added Tax consultation services is certified & qualified professionals with varied industry experience. We provide the best VAT consultancy service in the UAE.
Our Services Include: •
VAT Registration or Implementation in UAE.
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Preparation of Tax Return
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Taxation and return filling Services
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Recommending changes/updates in your accounting system
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Provide proper training to the staff with respect to taxation
VAT Registration in UAE: VAT consultancy in Dubai can assist you in this regard. All organization is required to register in their respective states of operation. Registering for VAT is necessary for enterprises in order to start paying Value added tax. Each trader is given a unique registration number which is used to for all communication regarding VAT and its filing. •
Who should register for VAT?
Any firm turnover of more than 5 lakh per annum is required to register for VAT payment. •
Documents required for VAT registration:
Following in the list of documents that need to be submitted while registering for VAT. •
Copy of PAN card