Value-Added Tax (VAT) Regulatory Compliance Sub-Services

Value-Added Tax (VAT)
Regulatory Compliance Sub-Services

Value-Added Tax (VAT) Regulatory Compliance Sub-Services

All services are performed in accordance with the UAE’s Federal Decree-Law No. (8) of 2017 on Value Added Tax (VAT) and its subsequent amendments.

VAT Registration

Assistance with registering your business for VAT purposes with the Federal Tax Authority (FTA), ensuring compliance with all registration requirements and obtaining the necessary VAT registration number. This includes determining your VAT registration eligibility based on your turnover

Value-Added Tax (VAT) Computation

Accurate calculation of VAT payable or refundable on your transactions, ensuring that all inputs and outputs are correctly accounted for and that your VAT liability is correctly determined. This includes understanding different VAT rates (standard, zero, and exempt).

Quarterly VAT Return Filing

Preparation and timely submission of accurate VAT returns to the FTA, including reconciliation of your VAT transactions, ensuring compliance with filing deadlines, and minimizing any potential penalties or interest.

VAT Refund Application

Assistance in preparing and submitting applications for VAT refunds to the FTA, ensuring that all documentation is complete and accurate to maximize the chances of a successful refund. This would involve understanding the eligibility criteria and the processes for claiming refunds.

VAT Advisory

Ongoing guidance and support on VAT-related matters, such as tax planning, VAT compliance strategies, and navigating complex VAT issues. This includes assisting with responding to VAT notices from the FTA and clarifying VAT implications of business activities.

VAT Deregistration

compliance with all requirements and the proper closure of your VAT registration. This would include complying with the necessary conditions and timelines for cancellation of registration.