Resources Mena is a team of Qualified Accountants, who are specialized in providing VAT and Tax Consultancy Services in the GCC. We support our clients in VAT Registration and provide VAT compliant Accounting, ensuring that your VAT reporting and VAT auditing is taken care of.
Also, we provide assistance in complying with the Economic Substance Regulations and Transfer Pricing for Multi-National Entities.
- VAT Registration with Federal Tax Authority
- VAT Computation & Submission of VAT Returns
- Implementation of Accounting systems in compliance with VAT Regulations
- Accounting & Bookkeeping in compliance with VAT regulations
- Assist Multi-National Entities in complying with Economic Substance Regulations (ESR) and Transfer Pricing.
- Preparation of Financial Reports and Other reports required by FTA
- Preparation of Budget & Forecasts
- Cash flow preparation.
- Internal & External Audits
Is VAT Consultancy Service Required for your Business?
The UAE government introduced VAT (Value Added Tax), a new form of tax in January 2018 with a standard VAT rate of 5%. There is a group of goods and services that are exempted from the scope of VAT.
VAT is an additional source of income for the UAE, it widens the economic scope of the country considerably. The VAT is imposed on the use of goods and services at each point of sale.
Many companies find it difficult in complying with VAT regulations, most of the companies don’t have an in-house VAT expert who can do the VAT return submission accurately. Timely and accurate VAT return submission is important as there will be heavy penalties by the Federal Tax Authority if they find errors in the VAT reports. Value-added tax consultants in Dubai offer comprehensive Tax Services for VAT Registered Businesses in UAE.
Why does your company need a VAT consultant?
VAT experts have in-depth knowledge of the VAT regulations and law, they take an extra effort to ensure the accuracy of the VAT computation and make sure that the transactions are recorded in compliance with VAT regulations..
The professional accounting team saves your valuable time, the management may focus on other aspects of your business.
. Reduce risk factor
As VAT consultants have a proven experience in handling all types of risks in a company, they can help you in reducing all possible risks related to VAT.
Make sure your business is VAT ready with Resources Mena, a leading accounting & tax consultancy firm in Dubai. We offer services such as VAT Registration, VAT Computation, VAT return filing, VAT auditing, VAT Advisory services etc in Dubai, UAE