WHY YOU NEED VAT CONSULTANTS IN THE UAE:
VAT CONSULTANTS IN UAE: The topic of our today’s discussion is VAT consultants in UAE. First of all, we will discuss basic information about VAT. VAT stands for VALUE ADDED TAX. It’s actually a consumption or indirect tax(the payer will never pay that tax directly to the government) for example if we’re buying something new in UAE like a new house or a new luxurious Car or anything the dues we will pay on them will directly go to the financial records of the government accounts.
Ultimately the more the person consumes a product the more the burden of VAT will be on him. It’s also a manifestation of people consuming less and saving more. VAT is very important because the government has to fulfill its own needs and has to run its own circuit it has to pay salaries to international players it’s the employees of the air force, police, government hospitals, and colleges as well.
VAT CONSULTANTS IN UAE
UAE VAT counselors, with their expert experience, deep grip, and understanding of VAT registration and with a marvelous track record can solve all VAT-related concerns such as VAT consulting, VAT returns, VAT returns, VAT rules, and regulations. VAT consulting means helping clients to make sure that they are not paying more than enough VAT and claim all the relief packages as well. VAT consultants help business owners with efficient tax planning which will help the
entrepreneurs to control the tax outflow, and manage working capital.VAT counselors can give guidelines to businesses mainly through VAT advisory services and VAT compliance services.
VAT CONSULTANCY SERVICES ARE OFFERED BY FANAVI ACCOUNTING & BOOKKEEPING.
FANAVI ACCOUNTING & BOOKKEEPING has a qualified team of VAT counselors who are extremely experienced in VAT accounting, VAT filing, VAT refunds, and all other laws and regulations related to VAT in the UAE. This agency can help on any tax-related matters and can represent companies in tax cases against FTA.
A VAT consultant with deep knowledge and information about all the advancements in the field can smoothly solve any kind of issue and verify reports, claims refunds, fill forms or handle any complex issue related to VAT.
IMPORTANT DOCUMENTS ARE REQUIRED FOR VAT REGISTRATION.
There are some documents that are required for vat registration in Dubai.
1) Copy of trade license.
2) All the details of bank accounts
3) Passport copy of business owner and included partners.
4) Address details of the company.
5)Business nature and all the performed activities.
6 ) expected turnover for the next 30 days.
In case all the documents are submitted the FTA will review the given application and if all the requirements are met, the application will be confirmed and within 2 or 3 weeks a tax registration number will be approved.
THE VAT ADVISORY SERVICES ARE:
1) Planning of VAT in UAE.
2) Advisory services.
3) Recommendations on whether to register VAT as a single entity or a tax group.
4) Awareness tips to the staff and VAT training as well
SOME OF THE MAJOR VAT COMPLIANCE SERVICES OFFERED BY VAT CONSULTANTS IN DUBAI,
1)Make sure that reconciliation and submission of VAT are done on right.
2) Review of VAT records.
3) Giving all the possible clarifications to clients on FTA notifications.
4) reviewing the customization of source documents.
VAT CONSULTANTS IN UAE. The VAT counselors in UAE have an authentic certificate that certifies their eligibility test and approves their reputation as well-known VAT CONSULTANTS in UAE (CONTACT US FOR FREE CONSULTATION)