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Value Added Tax (VAT)

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The United Arab Emirates introduced a new form of indirect tax called Value Added Tax (VAT)  in UAE on 1 January 2018 with a rate of 5 percent on goods & services. The VAT policy assumed by the GCC countries potentially widens the economic scope of the countries by integrating an additional source of revenue in the wake of the oil crisis. This new source of income will be utilized for high-quality public services by shifting to a more sustainable consumption system. It also aims to reduce the government’s dependence on oil and other hydrocarbons as a source of revenue. VAT consultancies in the UAE provide various VAT services across the Emirates easing the activities related to Value Added Tax registration, deregistration, accounting, return filing, advisory services, etc. The implementation of VAT in UAE has brought major changes in the taxation system of the Emirate. Getting proper VAT services in UAE helps businesses to avoid the risk of unnecessary tax payments and maintain accurate VAT records, tracking up-to-date information regarding VAT filing.

Services Provided by us:
  • VAT compliance issues and control
  • Minimizing VAT liabilities
  • Identifying risk and proper solutions
  • Identifying prospective tax planning opportunities 
  • VAT Filing and payment.
  • Data recording and organization
  • Accounting & Bookkeeping
  • Purveyor organization
  • Client organization
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