Office 938, Business Tower, burjuman, Dubai, UAE

VAT Consultancy

VAT is a self-assessment transactional tax. It is the taxpayer’s responsibility to ensure that the extensive obligations imposed by the legislation and regulations are fulfilled and that VAT is correctly accounted for, collected and paid over to the Federal Tax Authority. The onerous obligations placed on taxpayers in operating this high-risk transaction-based tax are difficult to navigate. We operate in a constantly-evolving Vat Return Filing, an operational and technologically-driven landscape which brings in more risks for taxpayers.

Forthright helps in finding out disparities in your organizational VAT policies and appropriate procedures as per the UAE VAT Laws with our VAT Compliance Review. A VAT Compliance Review is more of a necessity than an option since it will prepare your organisation to face a VAT Audit and Vat Return Filing. To avoid falling under the prospect of non-compliance with Vat Return Filing, it is always better to have a third-party consultant conduct the VAT Compliance Review in your organisation.

Our team of experts will help you in understanding the causes of non-compliance and address them in the future. It will help you in identifying the areas which require rectification while assuring the accuracy of taxes remitted. We support companies in meeting Tax Compliance obligations, optimising costs, mitigating risks and avoiding unnecessary penalties.

We assist companies in the ever-evolving regulatory landscape, review the client’s compliance framework and all the VAT reports, and Vat Return Filing and our experts support clients to remediate after identification of the loopholes in the compliance system. Our experienced team will further ensure that the entity does not create any VAT issues for the customer and other businesses which can adversely affect the business reputation and commercial relationships.

VAT is a complex and ever-changing area of tax, which can present challenges for businesses of all sizes. Fortunately, there is a VAT consultancy that can help businesses to navigate the complexities of v and ensure they are compliant with the latest regulations.

A VAT consultancy can provide a range of services, from advising on the registration of Vat Return to providing guidance on the most efficient way to Vat Return Filing. We can also assist with the preparation of Vat Return Filing and the calculation of VAT liabilities. In addition, VAT consultancy can provide advice on VAT planning, Vat Return Filing and administration, as well as help to resolve any VAT disputes.

At Forthright Consultancy, we provide a full range of accounting consultancy, Corporate tax in UAE, and auditing services in UAE. We are experts in UAE tax laws and can help you with all aspects of your business compliance. We can help you with Tax registration, tax return filing, and withholding tax compliance. We also provide audit services to ensure that your financial statements are accurate and up to date. Contact us today to find out more about our services.

01
Corporate Tax in UAE

On 8th October 2021, the United Arab Emirates (“UAE”) (amongst 137 countries) agreed to implement the OECD’s Two-Pillar approach to reform its International Tax Framework...

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02
Reconsideration For VAT Penalty Waiver

Any UAE VAT registrant who is liable for penalty can file an application for Reconsideration with the Federal Tax Authority (FTA) if they are not...

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03
Voluntary Disclosure

The United Arab Emirates (UAE) Federal Tax Authority (FTA) has published a new Voluntary Disclosure User Guide. This follows the implementation of the voluntary disclosure...

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04
VAT Audit Assistance

UAE federal law on taxation have mandated the Federal Tax Authority (FTA) with the legal right to perform a tax audit on any person to...

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05
VAT Refunds

Business can apply for VAT refund when the input tax is greater than the output tax on a VAT return, the business can request a...

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06
VAT Health Check

VAT health check ensure VAT compliance with FTA laws. VAT in UAE is a complicated subject that is impacting all the elements of a business....

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07
VAT Compliance Review

VAT is a self-assessment transactional tax. It is the taxpayer’s responsibility to ensure that the extensive obligations imposed by the legislation and regulations are fulfilled...

read More
LOCATION

Office 938, Business Tower, burjuman, Dubai, UAE

Have any question?
(+971) 528079672
(+971) 4326 6348

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