Value Added Tax (VAT) is an indirect tax imposed on the consumption of goods and services. Businesses in UAE need to register under the VAT law to get their business approved by the government, to seize a mass market, to expand business profile, and more. If you are a business owner looking for VAT consultancy services in UAE, TAFC will help you avail various VAT related services including VAT registration, VAT deregistration, VAT accounting, VAT return filing, etc.
TAFC VAT consultancy services in UAE are tailor-made to meet the unique requirements of the customers. At TAFC, we conduct an in-depth analysis to understand your business complexities extending from your services to accounting, taxation, auditing, and VAT services. Our VAT specialists having relevant industry-specific experience in taxation in compliance with international standards can help you successfully complete all your VAT activities without any fail.
If you are a business owner in UAE you need to get your business registered under the VAT law that has come on effect from 1st January 2018. Once a company is registered for VAT in Dubai, it must file VAT returns on a regular basis or as set by the authority.
VAT Registration is mandatory for companies and individuals doing businesses in the UAE if the annual turnover is more than AED 375,000/-.
The VAT registration processes in Dubai involve: