Tax Agency Number (TAN) 30004113
VAT Health Check: VAT is a complex tax affecting every aspect of your business in the UAE and the worldwide market. As a self-assessing tax, it is the responsibility of the taxpayer to ensure they are accounting for the right amount of tax and at the right time. FTA carry out VAT inspections or audits at varying intervals. If they identify errors, the company shall be subjected to penal provisions including levy of tax, interest, and fines. The main purpose of a VAT Health Check is to ensure that as a business your handling of VAT is in line with current FTA VAT laws and regulations.
Tax Audit is one of the compliance checks or to verify a person’s VAT liability is accurate by way of examining various records which are maintained by the taxpayer. It is basically a government’s assessment of a company about their responsibility as a taxable entity. The government also assesses a company whether they are following certain responsibilities that apply to their business as per the tax laws (VAT Law, Excise Tax Law, etc.).
Just submit your contact details and we’ll be in touch shortly.
@2022 Saif Chartered Accountants, Dubai, UAE. All rights reserved. | Sharjah Abudhabi DMCC Global