VAT Submission Dubai, UAE
VAT Submission Dubai: All member countries from the GCC aim to implement VAT, effective from January 1, 2018. We, Saif Chartered Accountants are ready to help your business in the UAE get ready with VAT /TAX. VAT registration required for UAE companies with revenues over Dh375,000. The Ministry of Finance will start registering companies that are above the yearly threshold for value added tax in the second half of this year as the country gears up for implementing the 5 per cent levy from January 1, 2018.
The UAE has yet to publish its VAT law but has established a Federal Tax Authority to deal with the levy. The authority will administer, collect and enforce federal taxes and will perform tax audits and administer penalties in cases of non-compliance with the tax laws.
VAT Submission Dubai: Why Saif Chartered Accountants?
With more than 20 years of experience providing localised accounting and auditing services in Dubai, UAE, we have the proficiency to help you and understand your business needs. Our team of certified auditors, accountants, and tax specialists capable of developing simple and pragmatic solutions to overcome the new challenges with confidence once the VAT law is enforced.
Get in touch with us today, and speak to a VAT consultant from our team.