VAT is indirect Tax implemented in UAE since 2018. VAT is a consumption based tax which is applicable on transaction for sale of goods or services at the rate of 5% in UAE.

We offer following services under VAT Consultancy-

  • VAT Compliance and Filing:
    • VAT Registration: Assist with registering for VAT with the relevant tax authorities, including evaluating whether your business meets the threshold for mandatory registration.
    • VAT Returns: Help with the preparation and submission of VAT returns, ensuring that all transactions are accurately reported and deadlines are met.
  • VAT Planning and Strategy:
    • VAT Optimization: Develop strategies to minimize VAT liabilities and improve cash flow, including exploring opportunities for VAT recovery.
    • Structuring Transactions: Advise on structuring transactions in a VAT-efficient manner, including cross-border transactions and supply chain management.
  • VAT Risk Management:
    • Audit Preparation: Prepare businesses for VAT audits and inspections by ensuring that records and documentation are in order.
    • Risk Assessment: Identify potential VAT risks and implement measures to mitigate them.
  • Sector-Specific Advice:
    • Industry Expertise: Provide tailored advice based on industry-specific VAT regulations and practices, such as for real estate, finance, or manufacturing.
  • Training and Support:
    • Staff Training: Conduct training sessions for staff to ensure they understand VAT procedures and compliance requirements.
    • Ongoing Support: Offer ongoing support and advice on VAT-related issues as they arise.
  • VAT Refunds and Claims:
    • Refund Applications: Assist with claiming VAT refunds, including reviewing eligibility and preparing necessary documentation.
    • Cross-Border Refunds: Handle VAT refund claims for businesses operating in multiple jurisdictions.
  • VAT Legislation Updates:
    • Regulatory Changes: Keep businesses informed about changes in VAT legislation and regulations and advise on how these changes impact their operations.

Fianance Planning & Strategy

In some cases, a financial consultant may have more financial plan experience than the typical financial advisor. Financial consultants usually provide investment services as well, though. our clients are often surprised by the possibilities we present to them; by thinking outside the box we present exciting new ventures:
  • A plan for how you will save up for retirement and sustain yourself once retired.
  • A financial strategy to help you grow your investments quickly, money into a savings account increase much in value over time.
  • A plan to pay off your high-interest debt, like credit cards and loans, save more of your money in interest payments.
  • A plan for how much you need to set aside monthly in order to have enough money for emergencies, like car repairs or medical bills.
  • A plan that will ensure you are financially secure if something were to happen to you or your family, long-term care insurance.