VAT CONSULTANTS SERVICES In Dubai
Our VAT consultants in Dubai provide expert guidance on VAT registration, compliance, and filing to ensure business efficiency.
Detailed Benefits of VAT Consultants Services
Expert compliance advisory
Ensures tax filing and reporting of VAT
Audit Support
Providing help during VAT audits, as well as during inspections by the regulatory body
TAx Optimization
Support in VAT liability reduction
Updated Knowledge Base
Includes the latest knowledge on VAT regulations.
Steps to Establish a VAT Consultants Business in a UAE
Obtain required business licenses and permits for VAT consultancy.
Hire qualified VAT consultants who have an understanding of UAE VAT laws
Develop a holistic service offer to clients encompassing VAT registration and compliance.
Deposit the minimum required amount to activate the account.
Common Questions About VAT Consultants in dubai
As per the VAT standard of the UAE, the VAT rate is 5% on invoice value (excluding special cases, e.g., profit margin scheme). Here is an example for better understanding. The price of the goods and services is AED 200. Knowing the VAT rate is 5%, the input VAT (VAT paid during buying) will be 200x5% = AED 10.00.
The UAE's VAT applies to services we provide to both freelancers and clients if they reside, have a permanent address, or are established in the UAE and have not provided us with a valid VAT ID.
Tourists and visitors can claim refund on VAT paid on purchases they made during their stay in the UAE.
As of 2024, the standard VAT rate in the UAE stands at 5%, with specific exemptions for certain goods and services. For businesses, VAT adds a new layer of compliance and administrative requirements, particularly as regulations continue to evolve.