Skip to main content

VAT Review Services in Dubai

VAT Review Services in Dubai

Our VAT Review Services in Dubai come with strong objective of achieving perfection and error-free VAT Compliance through our VAT Review Services.
Using the latest technology and data tools we ensure that VAT Review Services are upto the mark and serving our clients at our best.
With mounting budget pressures, structural reforms and the introduction of VAT penalties in UAE, it has never been more important to critically review the Transactions for better compliance and VAT Filing in Dubai.
Our VAT review services in Dubai are designed to do just that.
As well as a systematic examination of a client’s VAT records, we also review procedures and policies in order to document current practices, determine the level of VAT awareness and compliance and to recommend areas of improvement and more importantly; future VAT savings/refunds.

VAT review services include:

VAT Expenditure Reviews

We conduct detailed reviews of expenditure to ensure that our clients recover the maximum VAT possible. We also identify VAT to be declared on certain overseas purchases.
Furthermore, we identify VAT amounts claimed in error, to ensure that the risk of possible penalties is minimized.
Our VAT review process in UAE utilizes international VAT experience together with proven methodologies and data analysis techniques developed over many years to identify all VAT recovery opportunities within an accounts payable system. This ensures that all possible VAT refunds are identified and claimed in a timely manner.

Output VAT Review

Organisations engage in certain income generation activities and transactions which are treated as business activities for VAT purposes.
Normal VAT rules therefore apply to these activities and must be treated as taxable (standard-rated at 5% or zero-rated 0%) or exempt from VAT and output tax must be declared where appropriate.
We can conduct systematic reviews of our client’s income generation records including sales invoices and cashbooks in order to determine the correct VAT treatment.
Any VAT adjustments necessary (for either under-declared or over-declared output tax) can be reported to you for inclusion in your monthly VAT returns.

VAT Review Services starting from AED500.

We take a strategic approach in reviewing in order to gain a full understanding of the nature and to ensure that all information is available in order to error-free VAT Filing and claims.
For more information on our VAT Review Services in Dubai and charges whatsapp up at +923218408828 e: waheed@business-umbrella.com

Labels

Labels:
Location: United Arab Emirates

Comments

  1. AA VertexJune 26, 2019 at 9:30 PM

    VAT Services become made mandatory in UAE. If you want to know in detail on UAE VAT,keep in touch with the VAT Services, feel free to find the best.

    ReplyDelete
  2. AnonymousMay 3, 2022 at 9:22 AM

    I got more information about vat consultants in Dubai and vat review services while reading this article. Keep posting different information like a blog.

    ReplyDelete

Post a Comment

Popular posts from this blog

Value Added Tax (VAT) Training in Saudi Arabia, Riyadh, Jeddah, Dammam

Value Added Tax (VAT) Training in Saudi Arabia VAT Training in Saudi Arabia : info@thebscon.com Online Training Date 17 December 2017, FEE USD270/ person For VAT Training dates in Saudi Arabia and in-house training, please send email at waheedensari@hotmail.com . Course Overview The course examines the rules and regulations of VAT and clearly demonstrates the procedures and controls that should be in place to ensure VAT returns are submitted accurately and on time. This seminar will give you a complete understanding of VAT , covering all the essentials and giving you the confidence to know if you are dealing with VAT correctly. Extra Benefits: A  Seminar Pack  containing the information presented on the day A Certificate of Attendance LEARNING OUTCOMES Upon the successful completion of this course the participants should be able to: Understand the concept of VAT and its impact on the economy Understand the impact of VAT on the operational...
50 comments
Read more

Value Added Tax (VAT) Training in Dubai

Value Added Tax (VAT) Training in Dubai Course Overview The course examines the rules and regulations of VAT and clearly demonstrates the procedures and controls that should be in place to ensure VAT returns are submitted accurately and on time. This seminar will give you a complete understanding of VAT, covering all the essentials and giving you the confidence to know if you are dealing with VAT correctly. Extra Benefits: A  Seminar Pack  containing the information presented on the day A Certificate of Attendance LEARNING OUTCOMES Upon the successful completion of this course the participants should be able to:   Understand the concept of VAT and its impact on the economy Understand the impact of VAT on the operational and the financial performance of the business Differentiate various types of supplies with reference to VAT Differentiate Input VAT and Output VAT Categorize the supplies for VAT calculation Understand the i...
82 comments
Read more

What is Reverse Charge Mechanism : VAT in GCC, Dubai, Saudi Arabia

What is Reverse Charge Mechanism : VAT in GCC, Dubai, Saudi Arabia This charge is applicable on the imported of goods or services imported from outside the GCC countries this is called Reverse Charge Mechanism. Under Revers Charge Mechanism in  UAE VAT Law  the payment of VAT is not made at the import stage/ point means there is Zero payment of VAT and the only responsibility / compliance requirement left is with the buyer to report the VAT on Purchases (Input VAT) and VAT on Sales (Output VAT) in their VAT Return for the period. The unpaid reverse charge would have paid if the purchase was made inside UAE. So the buyer has to file the VAT return and to show the Input and Output tax therein. In other words we can say that the Reverse Charge is at zero percent Article 48(1) of the  VAT Law  speaks as under: - Article (48) (1) ReverseCharge  1) If the Taxable Person imports Concerned Goods or Concerned Services for the purposes of his B...
38 comments
Read more