VAT (Value Added Tax) is an indirect tax applied at each point of sale on the consumption of goods and services. The cost is borne by the consumer i.e. the end-user. The VAT is collected on behalf of the government by businesses. With the implementation of VAT in the UAE on January 1, 2018, consumers are expected to pay 5% more for the goods and services they use. Avail of VAT services in Dubai, UAE that will help you manage the VAT aspects of your business efficiently. Using VAT advisory services in Dubai, UAE can simplify all of your VAT-related processes and allow you to focus on growing your business. The Controller is one of the leading best VAT consultants in Dubai that offers exclusive VAT services including VAT registration, VAT deregistration, return filing, accounting services and much more.
VAT services in Dubai, UAE
Whether you are a big fish or a small business, you need to have a fresh look at your business model. Proper maintenance of accounting records is one of the initial needs for any business to abide by the regulations. A reliable and skilled VAT consultant can make the entire process of VAT filing a breeze. Avail of VAT advisory services in Dubai and UAE that can help you with proper accounting and VAT services.
From VAT registration to VAT return submission, the right consultant can support VAT implementation, improve your business performance, operational cost and VAT compliance.
We are one of the best VAT agents in Dubai, UAE who can help:
- Prevent any errors while filing tax returns
- Offer guidelines to avoid fines and penalties
- Maintain books of account for five years as per the law
- Conduct tax audit to protect the company from any material misstatement
- Keep you updated about the latest changes in the VAT law
VAT registration in Dubai, UAE
VAT registration is mandatory for small and big businesses, whose exports and imports exceed AE 375,000 per annum. Businesses can voluntarily register for VAT if their taxable exports and imports cross AED 187,500 per annum.
- Mandatory Registration – the threshold for mandatory registration of a company is AED 375,000 but does not apply to foreign companies.
- Voluntary Registration – the threshold for voluntary registration of a business is AED 187,500.
Benefits of Filing VAT Return
- VAT compliance improves a company’s reputation.
- Collaboration with businesses can be beneficial.
- Once a firm is registered under VAT law, its business image gets enhanced.
- When compared to other indirect taxes, VAT is the easiest to manage.
The Controller Services
Failure to comply with the guidelines of VAT may cause serious damage and penalties to the business. This will directly harm the goodwill of the business and its reputation in the market. Apart from providing excellent VAT services in Dubai, the Controller also offers Tax consultancy services and its implementation at an affordable charge.
If you are looking for any services related to VAT in the UAE, feel free to contact us.