Comprehensive Value Added Tax Services
Navigating the UAE Value Added Tax (VAT) Landscape with Confidence
At Fubon Group, our team of VAT specialists is well-versed in the intricacies of the UAE tax environment, offering comprehensive services to help businesses effectively manage their Value Added Tax (VAT) obligations and reduce risks. We work closely with clients to ensure accurate compliance, efficient tax management, and a thorough understanding of the VAT landscape in the UAE.
Our VAT-Related Services in the UAE
Our experts will help your business understand the Value Added Tax (VAT) implications of your operations, providing tailored advice and guidance on compliance, planning, and optimization strategies.
We’ll assist your business in the VAT registration process, ensuring all necessary documentation and information is submitted accurately and on time.
If your business needs to deregister for VAT, our team will guide you through the process, ensuring a smooth transition and compliance with UAE regulations.
Our VAT specialists will help you maintain accurate VAT records, ensuring your business’s financial statements reflect your VAT obligations and entitlements correctly.
We’ll assist your business in the preparation and submission of accurate and timely VAT returns, minimizing the risk of penalties and interest charges.
Our team will analyze the impact of Value Added Tax (VAT) on your business’s cash flow and profitability, helping you develop strategies to minimize potential risks and maximize benefits.
In case of a VAT audit, our experts will provide the necessary support and representation to ensure a smooth and successful audit process.
We offer tailored VAT training and awareness programs for your staff, ensuring they are well-equipped to manage your business’s Value Added Tax (VAT) obligations effectively.
Partnering with Fubon Group for your VAT-related services in the UAE will give you access to a team of experienced professionals dedicated to providing personalized solutions and expert guidance. Contact us today to learn more about our Value Added Tax (VAT) services and how we can help your business successfully navigate the complex UAE tax environment.
What is VAT in the UAE?
Value Added Tax (VAT), also known as Goods and Services Tax (GST), is an indirect tax implemented in the UAE since January 1, 2018. It is a 5% tax on goods and services at the point of sale.
VAT impacts all supply chain stages and ultimately affects the end consumer. Businesses collect VAT on behalf of the government.
VAT brings both opportunities and challenges. Many complex VAT related issues can be difficult for companies to handle. In order to avoid VAT fines and penalties in the UAE, taxable businesses must comply with the regulations set by the Federal Tax Authority (FTA).
Businesses in the UAE face challenges in handling VAT. They can outsource VAT services to Dubai to simplify their tasks, ensure compliance with the law, and mitigate the risk of penalties. This allows them to focus on their core business goals.
When are businesses required to file a VAT return?
It is mandatory for businesses to register for VAT in the following two cases:
If the taxable supplies and imports of a UAE-based business exceed AED 375,000 per annum
If a non UAE-based business makes taxable supplies in the UAE, regardless of its value, and there is no other person obligated to pay the due tax on these supplies in the UAE.
Meanwhile, VAT is optional for businesses whose supplies and imports exceed AED 187,500 per annum.
A business house pays the government, the tax that it collects from its customers. At the same time, it receives a refund from the government on tax that it has paid to its suppliers.
Foreign businesses may also recover the VAT they incur when visiting the UAE.
Who are tax experts?
Tax experts help businesses with VAT implementation. They ensure tax compliance, handle legal procedures, and manage records. They also make VAT return filing easier.
If you want to streamline your tax-related processes and effortlessly maintain legal compliance, you should choose a reliable tax expert.
Here are some of the benefits of working with a tax expert:
- They can help you understand complex tax laws and regulations.
- They can ensure that you are compliant with all tax laws.
- They can help you minimize your tax liability.
- They can save you time and money.
If you are looking for a tax expert, be sure to do your research and choose someone who is qualified and experienced.
The best consultant for VAT in Dubai, UAE
At Fubon Group, we specialize in VAT services, providing comprehensive support to manage VAT obligations and minimize risks. Our team of VAT specialists ensures accurate compliance, efficient tax management, and a deep understanding of VAT in the UAE landscape.
Trust us for effective VAT solutions in Dubai. We are dedicated to helping businesses navigate the complexities of VAT and achieve successful outcomes.
Our VAT-Related Services in the UAE
- VAT Consultancy
Our VAT consulting service helps businesses understand and meet VAT requirements. We analyze your operations, provide tailored advice, and assist with planning and optimization strategies. Trust us to help you get the most out of our VAT expertise.
- VAT Registration
We help businesses register for VAT. We ensure that all documentation is submitted accurately and on time. Our expert guidance makes the process smooth and easy.
- VAT Deregistration
Fubon can help you deregister for VAT. Our team will guide you through the process and ensure a smooth transition. We are experts in UAE regulations, so you can trust us to keep you compliant. Deregister with Fubon today and stay compliant with ease.
- VAT Accounting
Our VAT experts ensure your VAT records are accurate. They help you reflect your VAT obligations and entitlements in your financial statements. Get expert assistance with VAT accounting.
- VAT Return Filing
We prepare and file accurate VAT returns for your business. We help you file on time to avoid penalties and interest charges. Trust us for efficient VAT return filing.
- VAT Impact Analysis
Fubon can help you secure a brighter financial future. We will assess how VAT affects your business’s cash flow and profitability. Then, we will develop strategies to minimize risks and maximize benefits. Get a VAT impact analysis from our team today.
- VAT Audit Support
We offer comprehensive support and representation during VAT audits. Our experts will ensure a smooth and successful process. Rest assured, we’re here to assist you.
- VAT Training and Awareness
Fubon provides customized VAT training programs to help your staff manage your business’s VAT obligations. With our training, you can ensure compliance and enhance your team’s capabilities.
Why Fubon Group?
We are Fubon Services, a leading provider of VAT services in Dubai and the UAE. We help businesses stay compliant with the latest VAT regulations and ensure they are getting the most out of the UAE VAT system.
To stay up-to-date with the new VAT rules in the UAE in 2023, simply access our VAT Law UAE PDF.
Our team can help you understand the most about the VAT system, from the UAE VAT law summary to navigating the complexities of VAT exemption. We also offer comprehensive support for FTA and UAE VAT rate queries.
Contact us today to learn more about how we can help you with your VAT needs.