We perform the readiness review of accounting systems for VAT and direct tax compliances
VAT affects cash flow, reporting, planning, compliance and audits.
The system will need configuration to comply with VAT
VAT impacts contract pricing.
VAT passed on to the customers.
Managing pricing issues with suppliers.
VAT impacts resourcing, inter-company, outsourcing and supply chain.
VAT registered businesses in the UAE are required to charge VAT on the supply of goods or services to their customers. The amount of VAT which a business entity is liable to pay to the government is calculated by deducting the figure of VAT already paid on the purchase of goods or services rendered from the amount of VAT levied on sales by the business entity.
VAT registration for new businesses.
Assistance in tax submissions and filing returns.
VAT advisory services.
Assistance in processing refund requests.
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