Vat Consultants Dubai

VAT Consultants in Dubai, UAE

The Federal Tax Authority (FTA) is the federal agency in charge of collecting and administering taxes. The authority provides all legislation, including guidelines and clarifications, to assist commercial entities.

The UAE government implemented Value Added Tax (VAT) on January 1, 2018. VAT (Value Added Tax) is an indirect tax imposed on the consumption of goods and services. The application of vat would have a significant influence on corporate operations, making it more difficult for taxpayers to meet their tax obligations as risk, volume, and complexity of transactions increase.

We have been providing continual professional help to taxpayers since the beginning of VAT in the UAE, ensuring that they are following proper tax processes and VAT compliance. We can assist your company in assessing transactions and resolving tax disagreements.

Accountant Dubai is an industry-leading accounting and consultancy firm in Dubai. Offering best VAT consultancy services to companies all over the UAE. We can guide businesses on the steps to proper taxation, vat registration, refund and adoption including the necessary updates to accounting systems.

VAT Advisory Service

We provide relevant advice services tailored to the demands of the sector in order to discover appropriate solutions. As your adviser, we may give you VAT advice on the transactions and advise you on their taxability and impact.

We are an approved VAT consultants in Dubai, UAE with Certified VAT experts by the FTA. Understanding the concept of the tax is the 1st step to compliance and we do for VAT consultancy, registration, return filing, auditing and Advisory services in Dubai, UAE. Make sure your business is VAT-ready with the help of Accountant Dubai – the trusted consultants in Dubai.

Vat Consultancy Services

Faqs

VAT on services is applicable in the UAE if the place of supply is in the UAE, and it applies to all services, including consultancy, management, and advertising. As previously stated, the place of supply rule determines taxability. So, unless a special exception exists, if a service is provided in or from the UAE, the place of supply shall be considered the UAE.

The following can be used as a starting point; however, it is subject to change based on scenarios or exceptions. As a result, a service’s tax rate can only be established by looking at the specifics of the case and cannot be generalized.

  • If the service is provided in the UAE by a UAE company, the tax rate is 5%.
  • If the service is provided from the UAE to a location outside the UAE, the service will be exported at a rate of 0%.
  • If a service is provided from outside the UAE to the UAE, it is taxable under the RCM.

Exempted goods are bare land supply, local passenger transport, residential property supply (with requirements), and various financial services, according to UAE VAT Law. As a result, all additional supplies must be either standard rated (5%) or zero-rated (0 percent). As a result, depending on the transaction nature, consultancy services will be either 0% or 5%, and will not be exempt.

If supplied within the scope of UAE VAT, consulting services may be subject to VAT. Depending on the nature of the transaction, it could be either 5% or 0%. For example, a business consultancy fee charged to a UAE resident will be 5%, but a fee charged to a non-resident may be 0%. A service’s tax rate can only be established by looking at the specifics of the case and cannot be generalized.

About Us

We are purely a marketing company specializing in lead generation via digital marketing for Accounting and book Keeping industry and we then pass on these leads to relevant Accounting Firms as customer referrals and our role starts and finish as soon as customer details are handed over to accounting firms in Dubai UAE. The entire purpose for this website/portal is lead generation.

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Address

Office No.1211,
Level 12, Clover Bay Tower,
Business Bay, Dubai, UAE

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