In the UAE, VAT was introduced on January 1, 2018, at a standard rate of 5%. Our VAT services include:
- VAT Registration: Assistance with registering your business for VAT with the Federal Tax Authority (FTA). We ensure that your application is complete and submitted within the required timeframe to avoid penalties.
- VAT Return Filing: Preparation and filing of your VAT returns accurately and timely. We help you compile the necessary documentation and calculate your VAT liabilities.
- VAT Advisory: Providing expert advice on VAT implications for your business transactions. This includes understanding input and output VAT, exemptions, and zero-rated supplies.
- VAT Compliance: Ensuring that your business processes and documentation comply with UAE VAT laws. We help you maintain proper records, issue compliant tax invoices, and handle any VAT audits conducted by the FTA. Applicable to:
- All businesses with annual taxable supplies and imports exceeding AED 375,000 must register for VAT. This includes companies in retail, manufacturing, real estate, hospitality, healthcare, and more.
- Voluntary registration is available for businesses with supplies and imports exceeding AED 187,500.