About Us
Our VAT Consultants in Dubai have great expertise and knowledge in VAT registration. We have an excellent track record of solving VAT-related issues like VAT consulting, training, returns, laws, and norms. We are registered under the UAE Top Authorities as a legit tax agency. Organizing the VAT implementation is an obligation; therefore, the VAT Consultants in Dubai must comply with the VAT tax laws.
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What is the VAT Law?
The government of UAE introduced the Value Added Tax or VAT on 1st January 2018. VAT is the indirect tax levied on the consumption or use of goods and services where the end consumer is the ultimate bearer of the cost. UAE imposes 5 percent VAT on tax registered businesses on a taxable supply of goods and services at every supply chain step. Here the businesses collect and account for the VAT tax on behalf of the government body.
However, the business owners must get themselves registered under VAT with Federal Decree-Laws. This VAT is applicable to all the tax-registered businesses that are managed on the UAE mainland or the free zones. The imposition of VAT greatly impacts business functions and transactions with increased levels of risk, volumes, and complexities.
How can VAT consulting services assist businesses in UAE?
Why Choose
Alliance CA
We at Alliance Chartered Accountants are the best VAT consultancy in Dubai, where we help businesses with tax assessments and ensure VAT compliance. We have a team of experienced chartered accountants, auditors, and tax professionals based in Dubai, UAE. Our VAT Consultants in Dubai are brilliant at their departments. Hence they provide you with error-free calculations of taxes. Our services complement the quality-oriented attitude with a customer-centric approach. We offer services with our VAT specialist, who examines your business transactions to ensure the applicability of VAT.
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What are the audit requirements in Dubai, UAE?UAE Commercial Companies LAW / Federal Law No. 2 of 2015 requires all organizations operating within the United Arab Emirates to hire UAE-approved chartered accounting firms that are registered with and have been issued licenses from the Ministry of Economy for auditing their accounts. Furthermore, professional Auditing companies in Dubai are essential for organizations to ensure that their business complies with the laws, rules, and regulations, and the accounting standards applicable in the UAE.
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Is Auditing Mandatory in Dubai?Yes, following the UAE Commercial Companies LAW / Federal Law No. 2 of 2015 all organizations operating within the United Arab Emirates are required to hire UAE-approved chartered accounting firms that are registered with and have been issued licenses from the Ministry of Economy for auditing their accounts.
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What are the risks involved with auditing companies in the UAE?Auditing firms in the UAE have to be careful of the risks and probabilities of Substantial Misrepresentation while conducting audits.