VAT Consultants & Agents in Dubai, UAE

VAT Consultants in Dubai - 67 Listings
Phone
Mobile
TollFree
Box
238021
City
Dubai
Address
Al Mansour Building, Al Qusais Industrial Area 3, Damascus Rd Dubai, UAE
Area
Al Qusais
Website
TollFree
Box
117496
City
Dubai
Address
Millenium Executive Tower, Sheikh Zayed Rd,Trade Centre 1, Dubai - UAE
Area
Website
Phone
Mobile
TollFree
Box
93399
City
Dubai
Address
Business Bay, Bay Square, 8th floor bay square, Building no 2, office no 838
Area
Business Bay
Website
Phone
Mobile
TollFree
Box
City
Dubai
Address
jumeorah Lake Tower
Area
Jumeirah Lakes Tower
Website
Results 1 - 20 out of 67

PROFILE OF VAT Consultants

FAQS

Which company is the best VAT service provider in UAE?

Looking for the best VAT service providers in the UAE? It all comes down to the research!

There are plenty of professional VAT experts available in the market who you can approach for all your VAT related needs and queries. The best way is to make a comprehensive list of all your needs and your budget. Once you've found a service provider whose services suit your needs and is streamlined with your budget, you can go ahead and hire them!

Which is the best quality VAT consultancy audit firm in Dubai?

Most VAT consultancy audit firms in Dubai are run by highly educated and experienced auditors with decades of expertise in their particular fields of practice!

Once you have jotted down your requirements, you need to look for a VAT consultancy firm that works with clients similar to you! If you like their work and you are comfortable with their charges, you can definitely go ahead and hire them for VAT consultation!

What are VAT Consultancy Services in UAE?

The UAE government has added the Value Added Tax (VAT) as a part of the mandatory tax schemes in January, 2018. This translates to the fact that you will have to pay the government 5 percent VAT on purchasing any goods. The government has taken this step to reduce dependency on oils and hydrocarbons as the only mode of revenue generation. Sometimes, especially in business, the VAT amount added can seem to be very confusing. Not just that, there are certain cases where you can avail a tax exemption or reduction from the government. However, most business owners are not aware of such intricate details. This is exactly where a VAT consultant comes in!

A VAT consultancy service is a firm where expert VAT consultants will guide you through all the paperwork and advice on making business investments that helps in VAT reduction.

What is VAT in the UAE?

VAT in UAE stands for Value Added Tax. VAT was introduced in the UAE in 2018. The government of the United Arab Emirates decided to include VAT on the purchase of goods and other products. The government decided to add VAT as a part of revenue generation because they didn't want to be completely dependent on oils and hydrocarbons as the sole mode of revenue earning!

What will happen if I don't pay VAT in the UAE?

The government of UAE is very strict regarding payment of VAT. Late penalties get added to the VAT in the following order -

  • 2% of the unpaid tax is due immediately.
  • 4% is due on the seventh day following the deadline for payment.
  • A 1% daily penalty will be charged on any amount that is still unpaid one calendar month after the deadline for payment, up to a maximum of 300%.

Beyond this, legal action will be taken for tax evasion

Where can you get VAT training in the UAE?

Are you willing to learn about the intricacies of VAT and how to implement VAT in the UAE? If you're someone who is interested in VAT consultation and would like to pursue it as a career,let me tell you that it is one of the most booming opportunities in the UAE. All you need to do is conduct a thorough research in the field and look for top institutions that teach VAT taxation as a major subject in the UAE. Go through the scope of the subject as well as the opportunities available to you as a VAT consultant. You can also opt for various online certificate courses or degree courses and establish a career as a VAT consultant in the UAE.

What is the difference between tax & VAT?

Tax and VAT are essentially similar to each other. VAT also known as Value Added Tax is a specific kind of tax that is imposed on goods and services. It falls under the broad category of taxes.

What is VAT registration in the UAE?

A business whose taxable imports and supplies exceed 375,000 Emirati Dirham per annum needs to pay taxes to the government. And for businesses whose imports and supplies are below 375,000 Emirati Dirham per annum but exceed 187,500 Emirati Dirham per annum, it is optional to pay this tax. This tax is called VAT (Value Added Tax) and existence of these tax slabs require businesses to do VAT registration.

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