The UAE government implemented a Value Added Tax (VAT) Act on January 1, 2018 to a variety of commodities throughout the nation at an average rate of 5%. Businesses in the UAE may take advantage of VAT registration to recoup some of the cost of this new tax. Any business which exceeds mandatory or voluntary registration thresholds may be required or may be able to register for VAT

A business must register for VAT if the taxable supplies and imports exceed the mandatory registration threshold of AED 375,000. Furthermore, a business may choose to register for VAT voluntarily where the total value of its taxable supplies and imports (or taxable expenses) is in excess of the voluntary registration threshold of AED 187,500.

Services Include:

• VAT Registration with FTA
• Quarterly VAT Filing
• VAT Return Preparation & Submission
• Input & Output VAT Reconciliation
• Penalty Avoidance & Audit Assistance