VAT Services in the UAE
At Al Ittehad Accounting and Taxation Consultancy, we offer comprehensive VAT services in the UAE to ensure that your business complies fully with Federal Tax Authority (FTA) regulations. With the introduction of Value Added Tax (VAT) in the UAE, it has become essential for businesses to manage their VAT obligations accurately and on time.
What is VAT?
Value Added Tax (VAT) is an indirect tax imposed on consumer goods and services. In the UAE, the standard VAT rate is 5%, which applies to most transactions unless they are classified as exempt or zero-rated under UAE tax laws.
Corporate Tax Registration
- Assess your eligibility and tax obligations
- Prepare and submit your registration with the Federal Tax Authority (FTA)
- Ensure proper documentation and compliance with business structure requirements
Corporate Tax Planning & Advisory
- Analyze your financials to uncover tax-saving opportunities
- Optimize your business structure for maximum deductions and allowances
- Strategic advice to minimize long-term tax liabilities
Corporate Tax Return Filing
- Prepare and file accurate annual tax returns
- Calculate taxable income properly to meet FTA standards
- Ensure timely submission to avoid penalties and interest
Transfer Pricing Compliance
- Support for documentation of related-party transactions
- Ensure compliance with OECD Transfer Pricing Guidelines
- Prepare Master File and Local File if required
Corporate Tax Impact Assessment
- Evaluate the effect of corporate tax on your operations
- Identify and mitigate compliance risks
- Recommend strategies to enhance tax efficiency
