VAT CONSULTATION – UAE VAT RETURNS
We support clients in assessing the impact of UAE Value Added Tax (VAT) on their business and comply with the law. We support our clients in:
- Preparing and filing UAE VAT returns.
- VAT Registration and De-registration
- Preparation for VAT audit
- Provide trainings and updates on the VAT law
Our team has worked with clients in a wide range of sectors. It includes e-commerce, digital marketing agencies, law firms, adventure parks, real estate, salon & spas, etc. Our highly qualified & experienced team ensures that they support clients with their UAE VAT returns in the best possible manner.
CORPORATE TAX
We help our clients in understanding application of the Corporate Tax for their business and hand hold them in compliance with the law.
We provide support & guidance in:
- Assessing impact of the law on your businesses.
- Registration for Corporate Tax with Federal Tax Authority
- Filing Annual Returns for Corporate Tax with Federal Tax Authority
FAQ:
If your business in the preceding 12-months or over the next 30-days exceeds the threshold limit of AED 375,000 in taxable supplies and imports, you need to register for VAT in the UAE.
As a business if your taxable supplies and imports fall under the threshold of AED 375,000 but exceed AED 187,500, then you can choose to do a voluntary registration.
Check our blog on the subject: Things to know before you register for VAT
All businesses registered with FTA (the VAT authority), are required to:
- Maintain proper accounting records and supporting documents.
- Issue a Tax Invoice as per the guidelines from VAT authority.
- File quarterly VAT returns and pay VAT collected to FTA.
- Provide any information as requested from time to time.
We are a team of accountants and tax experts. We help our clients in maintaining accounting records and understanding the impact of VAT on their businesses. More importantly, we keep our clients aware of ongoing updates from the authorities and provide training to keep them on track always.
