With the recent commencement of Value Added Tax (VAT) in the UAE, businesses need to focus on their corporate finance and hire VAT consultants in UAE to get clarification on VAT obligations in the simplest way possible and get lawful assistance in implementing and executing reliable procedures to make sure their VAT compliance is taking place lawfully.
The range of VAT-related services businesses need:
VAT Consultation/Advisory: This is the most crucial VAT-related service. This helps to assess how VAT applies to their business and recognize the changes that are needed to their existing accounting and business processes.
VAT Registration: The VAT law sets out compulsory and permissive VAT registration thresholds. VAT consultants help you with the registration after thoroughly reviewing all the documentation. This enables fast and efficient VAT registration.
VAT Implementation: VAT consultants in UAE will undertake a forensic review of every business sector likely to be affected by the VAT regulations to make sure that the operations and processes are fully in compliance and minimize any negative impact of legal fines.
VAT-compliant Bookkeeping: VAT consultant services make sure that clients’ books of accounts are up to date and that all sales, purchases, and expense transactions are updated in full compliance with VAT regulations.
VAT Returns: A well-maintained accounting process is key to coming up with the correct figures with smoothness at the right time. VAT services can help businesses with the correct and timely filing of VAT returns.
Conclusion–
Acquara Management Consultant can provide all the above services on the basis of either a complete VAT package, customized, or a particular service unit. Our aim is always to combine the highest level of professional service with the most lawful approach so that our clients can achieve a complete and transparent understanding of their tax-related limitations within the UAE.
Get in touch with Acquara Management Consultant for efficient VAT consultancy services in Dubai.