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As excise taxation and VAT has been implemented by the Ministry of Finance (MoF) in UAE since 1st January 2018, tax consultancy and advisory is playing an important role to combat the implementation of this new taxation. Our team of senior qualified tax advisory service UAE, finance experts Wholesale Lonzo Ball Jersey , and tax accountants are here to guide you through the VAT law and regulations which will ensure a timely and cost-effective VAT services. Here is all what you need to know about the taxes.


According to our experience we have understood that VAT is not an easy taxation. It will go into numerable changes in the coming year. Our services are provided to suit submissions ranging from easy to complex for SMEs. We will be through you when your business grows to help you with the taxation and when the VAT framework becomes more complex. We have a strong team of tax advisors and experts who understand VAT with the best of their experience and have broken it down into the following steps:


What is VAT and its impact on your business?
VAT is an indirect tax of 5% tax that is collected on taxable supplies of goods and services in the United Arab Emirates. This taxation was imposed on 1st January 2018 by the Ministry of Finance (MoF) which is applied at on the consumption of Taxable Goods and Services and is levied at the each stage of supply chain which is then ultimately incurred and paid by the end consumer.Understand the VAT registration obligations.Closely supervise the type of transactions your business demands.Analyse cost occurrence in IT servicesEnsure no wastage of cash especially when dealing with other clients to keep your business structured.
Amendments to tackle VAT
As now we have a clear idea of where to have changes in your IT system and transactions, our best UAE tax advisory service team will help you to understand what needs to be amended.We ensure that the accounts payable function has evidences and thus keeps a check that Input VAT paid is recovered where permitted as soon as possible.We make sure to make accounts receivable function understand when output VAT should and should not be charged.We also ensure to keep update of the invoice templates so that all relevant information for VAT invoices are included.We are there to provide assistance with the VAT registration to deal with the relevant authority
Post implementation support
We understand that having VAT taxation is new for the entire team and to digest with these new changes we provide trainings to your employees and business team so has to understand and gradually deal with this taxation. We also support you timely with regular health check-ups so as to ensure that your tax system is flowing on track.
VAT adherence
Advise on the application of the rules, especially on available exemptions and on imports and exports
We guide in the preparation and filing the VAT returns
Claiming VAT refunds and all related support.
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