Value Added Tax (VAT)

VAT regulatory landscape is gradually moving towards a mature state in UAE. Seven years after the introduction of VAT law in UAE, ample adjudicative case law, FTA guidance and Ministerial decisions are there to guide our seasoned tax practitioners to plan our clients’ VAT exposures and manage their compliance needs.

01. Following service offerings comprise our VAT proposition:

VAT Registration

We guide businesses through the VAT registration process, ensuring compliance with UAE VAT regulations. Evaluating if the business qualifies for voluntary or mandatory registration based on turnover and other criteria.

VAT Health Check

We support in preparing and submitting accurate VAT returns on behalf of businesses, ensuring timely compliance. Calculating and assisting with the payment of VAT dues to the Federal Tax Authority (FTA).

VAT Impact Assessment

This envisages evaluating the VAT consequences of the existing business models and structures on an As-Is basis and identifying the risks thereof.

VAT Strategy

Based on our impact assessment, we identifying opportunities to optimize VAT processes and reduce VAT liabilities through advising on strategies to manage cash flow more effectively concerning VAT obligations.

VAT Transformation

Developing customized VAT information solutions to meet the unique needs of each business. Providing continuous support to ensure businesses remain compliant as regulations evolve.

VAT Advices and Opinions

Offering expert advice on various VAT-related matters, including implications of VAT on business transactions. Tailoring VAT advice to specific industries, considering unique challenges and opportunities.

VAT Compliance

Preparing and submitting accurate VAT returns on behalf of businesses, ensuring timely compliance. Calculating and assisting with the payment of VAT dues to the Tax Authority.

VAT Audit

Assisting businesses in preparing and submitting VAT refund claims, ensuring all necessary documentation is provided. Monitoring the status of refund claims and addressing any queries from the FTA.

VAT Training

Advising on VAT implications for international transactions and trade. Assisting businesses in reclaiming VAT paid in foreign jurisdictions. We offer coaching and interactive training in UAE Fellowship Program’s Tax & Regulation Certificate as well as UAE Corporate Tax Diploma offered by Association of Tax Technicians of UK, which is a pathway to become FTA’s Approved Tax Agent.

02. Our VAT Credentials

We have a long list of satisfied clients across GCC from financial services, technology, logistics, consumer, B2B trading, manufacturing, healthcare and other sectors, who have taken our services for their VAT impact assessments, strategy, health checks, grievance handling, tax audit liaison and transformation.

Request for Proposal

Leadership

Muhammad Altaf Hussain

Head of Consultancy and Tax Division
altaf@szca.ae
+971 50 971 7890

Request for Proposal

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