Our experts ensure that the businesses meet the rules and regulations so that there are no overpayments made and Input Credit is taken correctly on time.
The government of United Arab Emirates has introduced Value Added Tax (VAT) from 01 January 2018 onwards whereas Excise tax was introduced with effect from 01 October 2017.
Since VAT is a newly adopted concept in the region, it requires the advice of qualified and experienced Tax professionals to support the businesses. The businesses in the UAE are facing a number of challenges while implementing VAT in their business stream to ensure that they are VAT compliant.
At FTD Partners, we strategically associate with expert and specialized professionals with experience in diverse industries to assist our clients in efficiently managing their VAT transactions in compliance with VAT laws.
Our experts ensure that the businesses meet the rules and regulations so that there are no overpayments made and Input Credit is taken correctly on time.
What do we provide at FTD Partners regarding VAT?
– Well-timed, accurate and cost-effective support in the field of VAT advisory services from the tax experts
– Analysis of the cash flow in the result of VAT impact
– Designing appropriate solutions to provide advice on taxation for clients.
– On call advisory service to maintain the quality service
– Advisory Services with regard to Customs clearance as well as designated zone related issues
– Assist in VAT registration, VAT computation, VAT returns and other VAT obligations
– Analysis of IT system and accounting requirements
– Review and amendment of contractual arrangements with customers and suppliers in order to properly map out all transaction types
