VAT Consultants
VAT Consultants in Dubai, UAE
Dubai VAT consultants, with their expertise and in-depth knowledge in VAT registration and with an excellent track record, can solve all the VAT-related issues such as VAT consulting, VAT registration, VAT Training, VAT returns, VAT compliance services Dubai, and Tax Laws and regulations. Ever since the introduction of VAT from Jan 1, 2018, businesses have been seeking the services of the top VAT consultants in Dubai, such as Al Fakher Accounting, who are registered with UAE’s Federal Tax Authority (FTA) as a tax agency and a dedicated tax agent. The proper or structured implementation of VAT has become a compulsion, and VAT services in Dubai have become an absolute necessity to comply with the UAE VAT Laws.
How VAT Consultants in Dubai Can Assist Businesses with VAT Advisory & Compliance Services?
Since the introduction of the VAT in Dubai from 1st Jan 2018, VAT consultants have been assisting businesses to comply with the VAT regulations in the UAE. VAT consultants, such as Al Fakher Accounting, help business owners with efficient tax planning, which assists entrepreneurs in controlling the tax outflow and managing working capital. Al Fakher Accounting can guide businesses mainly through VAT Advisory services and VAT compliance services in Dubai.
Send an Enquiry
VAT Law
The VAT is levied on the consumption or use of goods and services, and the end-consumer is the ultimate bearer of the cost. UAE imposes VAT on tax-registered businesses at a rate of 5% on a taxable supply of goods or services at each step of the supply chain. However, businesses collect and account for the VAT on behalf of the government.
Business owners in the UAE need to get their companies registered under the VAT in accordance with Federal Decree-Law No. 8 of 2017 on VAT and the Cabinet Decision (52) of 2017 on the Executive Regulations of the Federal Decree-Law No. (8) of 2017 on VAT. The VAT applies equally to tax-registered businesses managed on the UAE mainland and in the free zones. Al Fakher Accounting provides complete VAT registration and compliance support to ensure businesses meet these legal requirements without errors or delays.
VAT Registration in Dubai
It is mandatory for businesses with taxable supplies and imports worth AED 375,000 (USD 1,000) and above to apply for VAT registration. As per the UAE VAT law, businesses with taxable supplies and imports between AED 187,500 and 375,000 are allowed to make a voluntary application for VAT registration. However, those businesses whose taxable supplies and imports are below AED 187,500 are not required to file for VAT registration.
The application for VAT registration can be made online, but businesses can seek the services of Al Fakher Accounting, one of the most efficient VAT consultancies in the UAE, for the proper execution of the process. Further, it needs to be noted that every name—whether company, owner, manager, or an authorised person—also needs to be entered in proper Arabic Language along with English.
VAT Services offered by Jitendra Chartered Accountants
Businesses need to choose the right firm for VAT audit services in Dubai and VAT services in the UAE based on a slew of factors including the experience of the tax consultant, expertise in finance, IT, operations, VAT computation, VAT refunds, and filing taxes. A VAT consultant with sound knowledge about all the technological advancements in the field can smoothly verify reports, claim refunds, fill forms, or handle any complex issues related to VAT.
Al Fakher Accounting has a qualified team of VAT consultants who are equipped with local experience in VAT accounting, VAT filing, VAT refunds, VAT audit services in Dubai, and all other laws and regulations related to VAT in the UAE. Al Fakher Accounting is a regulated tax agency with a registered Arabic-speaking tax agent with the Federal Tax Authority (FTA), who can help with any tax-related matters and can represent companies in tax cases against the FTA.