VAT Consultancy Services in UAE
VAT Consulting Services in UAE are becoming increasingly popular and assisting various business owners in streamlining the VAT registration process and VAT filing process.
Trusted Partner for Corporate Success
JAXA Chartered Accountants is an UAE-based accounting firm specializing in high-quality bookkeeping, accounting, auditing, and tax preparation services.
The UAE’s most demanding VAT Consultancy offers entrepreneurs invaluable guidance for smooth VAT registration, compliance, and filing.
Jaxa Chartered Accountants, an FTA approved Tax Agent in UAE, are seasoned VAT Consultants in UAE handling every aspect of VAT consultancy services right from VAT assessment, impact analysis, registration, periodical compliances including VAT return filing in UAE to VAT audits in UAE and many more while ensuring accurate UAE VAT compliance.
Our VAT specialists at Jaxa helps businesses manage these fundamental procedures by safeguarding against financial risks and eliminating compliance pitfalls. According to the Federal Tax Authority, all businesses that are required to register for UAE VAT must do so and ensure accurate VAT compliance in order to meet government requirements, serve larger clientele, and establish an industry reputation.
Well, here is detailed information on VAT Consultancy services in UAE provided by Jaxa.
An Overview of VAT in UAE
Value Added Tax (VAT) is an indirect tax applied on supply of goods and services consumed at different stages in the supply chain. From January 1, 2018 onwards supply of goods and services started to be subject to VAT in UAE. All businesses that exceed a specified turnover threshold must register for UAE VAT in accordance the Federal Decree-Law No. 8 of 2017. All businesses operating in the UAE, whether in mainland or a Free Zone fall within the ambit of UAE VAT and must register and meet compliance requirements as laid down in the UAE VAT Law.
The introduction of VAT in UAE to generate a diversified revenue stream for the Government marked a big change for the UAE economy as it aimed self-sustenance and infrastructural growth. This in turn ensures creating an attractive environment for foreign investments and fostering local businesses in UAE.
The VAT Registration Thresholds in the UAE
Businesses in UAE are obligated to register for UAE VAT based on the below thresholds as specified in the UAE VAT regulations:
Turnover | VAT registration requirement |
AED 375,000 and above | Mandatory VAT registration |
Above AED 187,500 but below AED 375,000 | Voluntary VAT registration |
Below AED 187,500 | Registration for VAT is not required |
Jaxa as an UAE FTA approved tax agent employes a VAT consultant team in Dubai that delivers top-tier VAT Consultancy Services to businesses enabling them to achieve VAT compliance, eliminate inaccuracies, and minimize exposure to financial risks.
UAE’s Top VAT Consultancy Service Provider
At Jaxa, our seasoned VAT Consultants recognize the complexities businesses face in accounting, taxation, and VAT service. Our VAT invest sufficient time to understand your business operations and deliver personalized solutions that enable you to focus on business needs.
Our Portfolio of UAE VAT Services
As a premier VAT Consultancy service provided in UAE, the portolio of VAT services offered by Jaxa are:
- VAT Registration and deregistration
- VAT return submissions
- VAT Refund claims
- VAT Health Check
- VAT Compliance
- VAT Advisory Services
- VAT Audit
As a renowned hub and an experienced UAE FTA approved tax agent, Jaxa delivers top-notch accounting and taxation services to all clients from various establishments – startups or multinational businesses, making it one of the top VAT consultancy providers in the UAE.
What Makes Hiring a VAT Consultant in the United Arab Emirates Important?
Many organizations struggle with the procedure for completing VAT returns, VAT calculation, and VAT registration within the deadlines and hence, businesses seek expert guidance to stay compliant with UAE VAT regulations. Hiring a skilled and efficient VAT consultant and an FTA approved tax agent such as Jaxa will ensure accurate compliance and helps keep your business on track.
The Value of professional UAE VAT consultancy:
- VAT Knowledge and Insight: A skilled VAT consultant must have a good knowledge of the updated UAE VAT laws and regulations to ensure hassle-free VAT compliance.
- Error-free VAT Return: An experienced VAT consultant ensures VAT returns are filed without errors, ensuring businesses face no penalties.
- Time-saving: With expertise in overseeing compliance risks and tax computation, it allows businesses to focus on core activities.
- Accuracy: VAT consultants maintain records accurately, by utilizing automated solutions and meticulous audits
- VAT registration and filing: To ensure a streamlined VAT registration and filing process, businesses must depend on efficient VAT consultants.
- VAT documentation: With the guidance of a VAT specialist, businesses keep precise VAT records and are made VAT audit ready while ensuring easy compliance.
Engage with the Jaxa Chartered Accountants, an FTA-approved tax agent in UAE, for hassle-free and seamless VAT Consultancy Services in the UAE with 100% compliance.
JAXA- Your Go-To VAT Consultant In the UAE
Selecting an ideal VAT Consultancy in Dubai necessitates analyzing key competencies on industrial expertise, financial acumen, and proficiency in VAT-related services such as periodical VAT return filing in UAE, processing accurate VAT refund claims, and accurate computation of UAE taxes.
Jaxa Chartered Accountants is an FTA approved tax agent UAE with an experienced team of VAT consultants delivering various VAT-related services from VAT registration, VAT return filing, and VAT refund to VAT compliance. Our VAT consultant has sound knowledge of industrial proficiency and a strong grasp of taxation, enabling us to manage VAT-related matters efficiently.
Excellence that defines Us:
- Timely and economical VAT Consultancy
- Hands-on VAT training sessions for employees
- End-to-end VAT compliance
- Bespoke VAT compliance solutions
- Accurate VAT assessment with on-time reporting
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Partner with Jaxa Chartered Accountants, a prominent FTA approved tax agent in UAE and VAT Consultancy agency in the UAE for easy VAT management and maintaining compliance with UAE VAT laws.
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Avail best quality Auditing and Accounting services from JAXA
The expert will help to tackle business issues by following proper Accounting and Auditing guidelines will also assist you to scale up your business. JAXA also provides various other services such as Tax Services, Payroll Services, Cash flow forecasting and many more.
Jaxa Chartered Accountants provides reliable VAT services in Dubai, UAE, supported by a team of experienced auditors and tax consultants to ensure complete VAT compliance.
Assists in decision-making
Educate and offer correct information
Allow the company to focus on other issues
Dealing with the authorities on a personal level
Ensures Accuracy and Reliability of their business
Stay Error-Free with Professional VAT Guidance
Experience the JAXA difference – 18+ years of excellence in tax and audit services with unmatched compliance and client- first solutions.
We understand that one size doesn’t fit all—many ask for personalized options.
Partnering with Jaxa fetches you easy access to experienced VAT consulting services dealing with VAT-related issues. Our service is always a client-centric approach, streamlining VAT processes, and reducing tax burden while ensuring 100% compliance.
Jaxa, being an UAE FTA approved tax agent, helps in making an error-free VAT return submissions. Our team helps in VAT computation, verification of data, accurate record submission, and timely filing. Our team always remains updated with evolving VAT regulations enabling us to focus on growth. We work closely with you for all your tax-related matters.
Jaxa offers comprehensive services of VAT such as VAT registration, VAT health checks, VAT audit, VAT return filing, and VAT compliance. We provide post-registration services and ensure zero errors while saving cost and time.
Tax registrants should maintain compliance with VAT regulations, pay VAT on time, and maintain accurate records within a specified timeframe under VAT law. Failure to comply may result in hefty penalties as prescribed by the Law.
VAT registration is mandatory for a business with an annual turnover exceeding AED 375, 000. Jaxa provides a hassle-free and efficient VAT registration service thanks to the best VAT specialist in UAE. We provide quick attention to all your taxation and VAT-related queries.
The VAT payment deadlines are provided by the Federal Tax Authority and are considered expired when not met within the specified window. Businesses have 28 days from the end of a tax period to complete submissions of VAT returns in UAE and payment of VAT. Failure to comply will result in fines.
Required documents to be kept for registering for VAT in UAE are:
- License of the business
- Memorandum of Association and Article of Association
- Passport copy and Emirates ID of individual business owner(s) and manager(s)
- Address of the business and contact details
- Bank information
- Turnover declaration as per FTA format
Federal tax Authority will review the application documents and issue a Tax Registration Number (TRN) and timeframe for the approval is atleast 20 business days. A penalty of AED 10,000 is imposed on any delay in submitting the application.
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