VAT Services in Dubai

When the concept of VAT was prevailing all around the world, tax in UAE still had no fixed layout due to the option of the free zones. On realising that the implementation of VAT would enhance the brand value of a business and would also be an additional source of revenue for the government, the GCC countries agreed to enter into an agreement for the proper implementation of VAT. The Ministry of Finance, UAE have implemented VAT from 1st Jan 2018 and a tax rate of 5% was decided to be charged. The accounting standards followed in UAE is defined by the Federal Tax Authority, UAE also known as FTA. This decision of implementing VAT in UAE 2018 was a bold step by the government.

The impact of VAT in the UAE was huge and the taxation in UAE took a new turn as there was exemption on corporate tax as well as the income tax in UAE according to UAE tax law. The implementation of VAT also provided the government with a different source of revenue for the economy. VAT was also a helpful change as it helped the UAE government to shift its focus from the revenue from oil and other hydrocarbon-based sectors. The implications of UAE VAT 2018 can be huge for you and your business. Read ahead to understand the benefits of Vat for your business.

VAT Services in Dubai

How can VAT Services in Dubai process help your business to grow?

Revenue Generation

VAT immensely contributes towards providing you with a new avenue from which your business can generate revenue. This paves out a way for extensive planning and leverages the business growth to the next level. This also helps the economy of the business to generate extra revenue.

Enhances Goodwill

Registering for VAT will lead to your business getting noticed by the government of the country. This maximizes the chance of earning a good reputation and enhancing your company to enhance its goodwill which in turn brings in more investors for the business.

Complete Financial Picture

VAT is a mandate for companies as per the UAE VAT Law. Registering a business for VAT with expert consultants ultimately completes the financial picture that is required during an internal and an external audit

New Investment Opportunities

Being a VAT registered business, you will be noticed more by prospective clients, which would ultimately bring more business. On the other hand, it also opens new investment doors for your business to secure its future. This is very helpful in attracting new businesses from all around the world.

How JAXA Can Help Your Business?

How JAXA Can Help Your Business?

Other Services

Our Strengths

  • Best tax practices according to international tax standards
  • Implementation of international tax structure
  • A team of highly experienced professionals
  • Quick delivery of business projects
  • No compromise on the quality of service delivered
  • Tailor-made solutions based on business needs

How JAXA can help your business?

The VAT process of JAXA Chartered Accountants will give you a piece of in-depth knowledge regarding the VAT implementation, as it has become a mandate to include VAT in business activities. Subject-matter experts at JAXA are here with industry experience to help you deal with the entire process. You can rely on our experts and utilize your available resources in planning for the future growth of your business. If you hold any doubt, do contact us- even if it's for friendly advice!

Read more about VAT in Dubai

VAT Accounting Services in Dubai

VAT Registration Services in Dubai

How to Register your Company for VAT?

How Can You Prepare For VAT In UAE?

Basic Requirements of VAT Registration in UAE

VAT Refund Policies

VAT Implementation in Dubai

VAT Deregistration Services in Dubai

VAT Return Filing in Dubai

VAT Consultancy Services in Dubai

VAT Rates for Different Industries in the UAE

All you need to know about VAT in UAE

VAT Penalties and Its Legal Actions