Value Added Tax (VAT) is a tax on goods and services based on their value at each stage of production and distribution. In the UAE, VAT was introduced in 2018 at a standard rate of 5%. VAT is charged on most goods and services in the country. Businesses must register for VAT if their yearly sales go over a certain limit.
TAG offers expert assistance to businesses navigating the complexities of filing VAT in the UAE. Our services include VAT registration, compliance, and reporting. We help businesses understand their VAT obligations, optimize their tax strategies, and ensure compliance with local regulations. With TAG's help, businesses can handle their VAT matters well, reducing risks and seizing growth opportunities for success.
VAT Registration
Our team ensures your business is registered for VAT accurately and on time. VAT registration in the UAE involves various legal requirements and documentation, and we handle all the necessary paperwork and communication with tax authorities to ensure full compliance.
VAT Return Filing
We offer efficient VAT return filing services, ensuring accurate preparation and timely submission. Our streamlined process minimizes errors and reduces the administrative burden on your team, helping your business remain compliant while optimizing financial operations.
VAT Refund
We assist in claiming VAT refunds, ensuring the process is carried out efficiently. Whether you're a business or a tourist, we help meet the necessary conditions to recover VAT paid on eligible goods and services. For tourists, purchases of AED 250 or more qualify for a VAT refund, with a maximum refund of AED 35,000.
VAT Audit
Our VAT audit services ensure compliance with the Federal Tax Authority (FTA) guidelines. We review financial statements, tax returns, and documents to identify discrepancies and ensure your business adheres to tax laws, minimizing risks of non-compliance.
VAT Accounting
We provide precise VAT accounting services, ensuring all financial records are maintained according to tax laws. Proper VAT bookkeeping enables businesses to file returns on time, avoid errors, and have sufficient documentation for VAT audits by government agencies.
VAT Deregistration
When your business no longer needs VAT registration, we facilitate a seamless deregistration process. Our team ensures that all necessary steps are taken for a smooth cancellation of VAT registration with the Tax Authority, in compliance with the required procedures.
Contact us
If your business requires assistance with VAT registration, filing, refunds, audits, or accounting, TAG Consultancy is here to help. Our team of experts is dedicated to ensuring your compliance with UAE VAT regulations while optimizing your financial processes. Don't hesitate to reach out to us for personalized support tailored to your business needs.
