Vat registration in uae

Vat registration in uae

As of January 1st, 2018, the UAE government introduced Value Added Tax for the first time putting an end to its long-standing image of being a tax-free country. In the midst of this, many businesses have found themselves in need of experienced financial and accounting assistance. The VAT Consultant is a financial and management consulting company with strong aims of becoming the leading professional firm in UAE. The range and quality of their services might very well help them achieve their goal. The VAT Consultant is a firm consisting of highly qualified and experienced chartered accountants with background experience in VAT, tax, auditing, accountancy & bookkeeping, and financial planning. The firm has shown strict compliance with the International Accounting Standards/ International Financial Reporting Standards with its team working with high levels of professionalism and efficiency. Furthermore, it is also an ISO 9001-2015 certified firm which displays their dedication to provide quality services which meet customer and regulatory requirements. The question still stands as to what sets The VAT Consultant apart from the rest. (1) First aspect is the extensive knowledge about the industry. This knowledge helps them make excellent decisions and provide appropriate advice to their clients regarding when and how to overtake their competitors. (2) The dedication of the consultants. The consultants at VAT Consultant have decades of taxation, accounting, and management experience. Their dedication to the work and their desire to engage in continuous learning has made them a complete package of high-quality skills and expertise. (3) They offer customized solutions. They recognize that every business is inherently different and has different demands. Their experienced consultants work by understanding the company first and listening to the needs of the clients and then they deliver tailor-made solutions that suit the company?s present requirements and future goals. The VAT Consultant offers a variety of quality tax and management related services. The services include: VAT REGISTRATION Businesses which exceed the mandatory registration threshold are obligated to register for VAT in the UAE. VAT registration inherently has a set of preconditions which must be followed properly. This makes it imperative for businesses to have extensive knowledge of every detail in the registration process. Having prior knowledge about the process is essential for businesses to make well-informed preparations which will make the registration process fairly easy without much interruption. VAT RETURN FILING VAT Return is a mandatory process for all business in the UAE. It is the process of filing for any output tax due and any input tax recoverable on a regular quarterly or monthly basis. The Federal Tax Authority (FTA) released a VAT Returns Filing guide which explains the process for filing VAT Return. The VAT Consultant offers all servi