VAT Consultants in UAE

VAT consultants shall be providedwith respect to:

• VAT Executive Regulation (Cabinet Decision No. 52 of 2017)
• The provisions of Federal Decree Law No. (8) of 2017

What Do Our VAT Consultants Offer?

• VAT consultancy services through discussions and meetings.
• Identification of all the primary VAT touch points by performing VAT impact analysis.
• Study your business requirements in detail and chart an effective in-house VAT structure for your organization.
• Provide accurate guidelines to make your business VAT compliant.
• Provide preliminary training to your staff to manage under the new tax regimen.
• Manage all the VAT registrations, preparation,and filing of VAT returns.
• Personal visits to a client’s office for discussing the proje
• Advisory services on calls and emails.

Why are ‘VAT Consultancy’ Services in the UAE Important?

VAT legislation in UAE can still be said to be in its early stages as businesses are still coping with the varied statutory requirements involved in VAT implementation. VAT compliances include accurate bookkeeping of all VAT-related records and filing of regular returns keeping the said documentation as a base. Any miscalculations or errors in accounting for VAT or delays in payment can attract huge penalties and put you at a loss.

It can be very challenging for a layman to interpret the plethora of rules, regulations, and notifications to ensure their businesses are VAT compliant. Moreover, it can be difficult to keep a track on all the latest amendments issued by the FTA regarding VAT. Thus, there is an undeniable need for the professional services of an expert who can understand the dynamics of VAT implementation and develop a clear VAT strategy for an organization. Moreover, experts have years of experience in the fields of accounting and taxation and can keep a track on the latest amendments to ensure your business can handle all VAT based transactions.

Why Choose Us for VAT Consultations?

• Musthafa Abdul Hameed Auditing of Accounts is backed by a team of highly-trained and qualified chartered accountants with years of professional experience across multiple industry verticals. Also, the VAT experts on our team are enriched with international experience having worked with clients across different countries.
• We examine and review your existing processes to obtain a detailed understanding of your business after which our team can develop a tailor-made VAT strategy for your organization.
• We closely work with our clients and provide valuable inputs regarding VAT transactions undertaken by them. We ensure businesses comply with all the statutory rules and regulations; there are no overpayments and VAT Input Credit is taken on time.
• We provide complete support to the clients in addressing any problems related to VAT cash flows.