VAT stands for Value Added Tax. It is also known as the consumption tax which is applied on almost all the goods according to the expenses that have been spent on the production of these items during their making. Every country has their own laws for VAT, so the rate depends on the location. VAT is already implemented in 90 percent of the countries around the world. The countries in the Middle East are yet to implement this consumption tax and make up the remaining 10 percent of the countries. It is a source through which revenues for the government are raised.
AGX auditors is a firm that is filled with a team of hard working professionals who aim to help you manage your business according to the situations. These Ras al khaimah VAT advisors anticipate the changes that might occur and work their best to notify about the risks that might emerge for your business. UAE VAT Consultants working at AGX auditors , aim to assist you in understanding the failure and threats that your business might face with the implementation of VAT. Their aim is to help people cope up with the changes and modifications due to VAT implementation. They provide with the best strategies and tactics which are required to tackle adversities and challenges faced by technology, competition and globalization. The Ras al khaimah VAT consultants have an objective to play their role as trust worthy consultants that are sure to provide positive results with their careful analysis and solutions.