We deliver the consultancy service for a firm with an annual revenue of additional AED 375,000/- or more in 12-month period. Normal VAT is 5% and the industries like hospitals,educational institutes will not come under VAT.
VAT return is important to know about the transactions for a period of time. After all we have checked many of our accounting clients inquiries and complaints we came to know that the new vat consulting updates given by the government is actually supporting our business. finding out the the effect of VAT filing on expenses, business costs, cash in and out flow, procedures and making it real in the IT sector,accounting and under all category of business.
New VAT calculation models have to be analysed and implemented. It is the responsibility of the employers to make sure that their team has enough knowledge to fulfill the same.Our experienced taxation team with exposure to different tax regimes in the Middle East, Sub Continent and Europe is capable of advising and assisting businesses in the region to improve their systems and processes.
Indirect tax is widely known as VAT is using today all around the world today to mark the daily transactions and to know the consumption of products and services
UAE government has made VAT process as mandatory and every business starting from small to large have to be upto date with their transactions and VAT and book keeping. The average and fixed rate of 5% is implemented to make this as an extra income for the government and they will be using it for the public welfare services
VAT is already released in Dubai market, and hopefully we all are looking for a positive change in the market. The VAT must bring in a new financial assets for the Dubai government and obviously which must be helpful to the poor and help needed people in an around in Dubai and we are expecting good quality public services will be announced soon as part of VAT implementation. The government is also looking to reduce the importing and exporting services to enhance the financial aspects of Dubai through VAT implementation.
We are VAT Consultants in Dubai, certified VAT and accounting consultants with years of experience in VAT consultation.We are reputed and licensed VAT specialists.
Our experienced VAT team of experts who have professional skills in VAY consultants in Dubai/UAE. We are happy to help you in reducing the VAT risk factors which is implemented recently by the Dubai government.
We manage our VAT customers from our fully functional Dubai office. We deliver the peace to the customers by handling their VAT related queries at the simplest and earliest manner.
Are you worried About Dubai Value Added Tax (VAT)? AGX your best VAT Tax Consultancy are Here To Help!
You must be be a little worried if you are not aware of what VAT will bring in to your business as this process is suddenly added. compensations elating to the Dubai VAT Law compliance are hectic and above all the impact of VAT is that you have to pay the tax additionally before you get the amount from your customers.