VAT CONSULTANCY
VAT is an indirect tax imposed on the supply of goods & services and the import of goods and services. VAT is managed and collected by the registered businesses in the UAE. Handling VAT can be challenging for a company. As one of the leading auditing and accounting firms in the UAE, we help resolve this challenge effectively. Our team aims to minimize the commercial impact on your company by assisting you to meet VAT obligations.
A business is obligated to register for VAT if the taxable supplies and imports exceed the compulsory registration threshold of AED 375,000. Furthermore, a business may choose to register for VAT voluntarily where the total value of its taxable supplies and imports (or taxable expenses) is in surplus of the voluntary registration threshold of AED 187,500.
At AXIS, we provide assistance and consultancy for both VAT Registration and VAT Return Filing Services.
Wherever your business operates in the UAE, VAT is bound to impact your company inevitably. Our consultants assist with VAT compliance and offer VAT Consultancy across diverse sectors in the UAE.
Like any new legislation, there are always challenges that businesses may encounter while readying themselves for VAT. We have an entire team of trained tax consultants in the UAE. Supported by our international team, the team at AXIS will assist you to steer your business smoothly through modified as well as new tax laws.
Through a streamlined process of VAT Consultation, we also include the following in our reports:
Analysis of the influence of VAT on costs, profitability, and working capital provides an enhanced level of understanding to the management regarding the overall impact of VAT on their business. Our VAT Implementation programs are backed up by training programs conducted in different modes and are organized to meet your business’s specific requirements.
Our wide range of VAT Consultancy in the UAE includes:
Our consultancy services also help improve your business’s various functions, such as sales, marketing, sales coordination, and administration. We ensure to provide a 360-degree positive impact to your business operations.