VAT Services
VAT and TaxAdvisory
We are here to help you out with everything related to Value Added Tax in the United Arab Emirates.
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VAT & Tax Advisory | Accounting Services in UAE
Managing VAT obligation is crucial for any business. VAT considerations have an impact on changing business scenarios like launching of new services, new transactions, and changes in supply-chain structure. In-house VAT advisory expertise is not enough to handle the VAT impact.
Our VAT advisory services in Dubai focus on all VAT related matters with a qualified, experienced, and supportive tax agent to guide on your VAT issues. We ensure client-focused advisory services with a dedicate VAT team offering wide range of VAT related services. Our Tax advisory services in Dubai conduct specialized review on the current tax position of your business and provide relevant advice related to legal compliance.
Our qualified tax advisors, tax accountants, and finance experts work on VAT advisory, implementation, tax optimization, and relate training services.
Step 1
- Identify the VAT impact on your business
- Create an outline for VAT registration obligation and steps to apply for a VAT registration number
- Review contractual agreement with suppliers and customers to properly map out the transaction types
- IT system and accounting system analysis
- Well-structured business to avoid unnecessary cash flow, particularly in case of intercompany transactions.
Step 2
Based on the first step, our team implements changes in IT system and throughout the organization,
- Our Tax advisory services in Dubai make sure the maintenance of relevant records and books.
- Ensure accounts payable received evidences input VAT paid
- Ensure accounts receivable understands when output VAT should be paid.
- Update invoice templates to ensure relevant information on VAT invoices are included.
- Assist VAT registration with competent authority.
For small SMEs, we can provide a set-up of a simple accounting systems and implementation of VAT rules, through our outsourced accounting services.
For larger SMEs, we can assist your finance team with the implementation and provide outsource CFO or Finance Manager Services on a monthly basis in order to strengthen your team.
Step 3
It’s difficult to adapt with change, we ensure tailored VAT training to assist in the transition in to VAT. Our VAT advisory services in Dubai will handle post implementation support and guidance during the project.
Step 4
- We advise on imports and exports, application of rules, tax exemptions, VAT treatment of intra-GCC transactions.
- Prepare and filing VAT returns
- Assist in claiming VAT refunds
- Update invoice template to ensure that relevant information for VAT invoices are included
- Assessment of VAT implication
FAQ
Non-residents who make taxable supplies in UAE will have to register for VAT, any other UAE registered resident is responsible for accounting VAT on such supplies.
VAT return should be submitted within 28 days from the end of tax period. As per the Federal tax authority or FTA, periodicity of VAT return may be monthly or quarterly.
Tourists should pay VAT, when they purchase anything within UAE, however they can avail refund on VAT on certain purchases while leaving UAE. Such refund is provided by retailers participating in the ‘Tax refund for tourist scheme’
Our VAT advisory services in UAE include a wide range of services like analyzing current tax positions and related advisory, drafting documents and stay up-to-date with legal compliance, on-going VAT advisory, update and assistance. We guide you on all VAT related matters.
Join Our Team to Get Professional Advice
A & A associate is one of the approved VAT and Tax advisory service providers in UAE. Our VAT advisory services in Dubai understand the concept of tax and enhance VAT registration services.
We make sure your businesses is VAT ready with VAT registration, VAT return filing, VAT auditing, and other Tax advisory services in Dubai. With years of experience, we serve as a trusted service provider in corporate and financial sectors. With hands on approach and undivided attention, our VAT advisory services in UAE stand unique among other service providers!
