VAT-related Services
|
Value Added Tax (VAT) in the UAE is a consumption tax imposed on the supply of goods and services at each stage of production or distribution. It is a relatively new concept introduced in the UAE in 2018, aimed at diversifying revenue sources and reducing reliance on oil revenue.
For companies operating in the UAE, understanding and managing VAT is essential to ensure compliance with tax regulations and avoid penalties. VAT registration is mandatory for businesses with taxable supplies exceeding the threshold set by the authorities. At Al Wahaa, we help provide comprehensive VAT-related services for companies in Dubai and across the UAE. Our team of experienced collaborating professionals offers a wide range of services to assist businesses in navigating the complexities of VAT, including: 1. VAT Registration: We help businesses determine their VAT registration eligibility and assist in the registration process with the Federal Tax Authority (FTA). 2. VAT Compliance: Our experts ensure that businesses remain compliant with VAT regulations by assisting in the preparation and filing of VAT returns, maintaining proper records, and conducting VAT audits. 3. VAT Consultancy: We provide tailored VAT consultancy services to address specific business needs, including VAT impact assessments, advice on VAT treatment of transactions, and assistance in implementing VAT-compliant accounting systems. 4. VAT Training: We offer comprehensive VAT training programs for business owners, finance teams, and employees to enhance their understanding of VAT regulations and compliance requirements. 5. VAT Advisory: Our team provides ongoing support and advisory services to help businesses navigate complex VAT issues, resolve disputes with tax authorities, and optimize VAT planning strategies. With our expertise and dedication to client satisfaction, we are committed to helping companies in Dubai and other parts of the UAE achieve VAT compliance, minimize tax risks, and optimize their financial performance. Learn more about our VAT-related services and how we can assist your business in navigating the VAT landscape in the UAE. |
