The UAE introduced VAT on 1 January 2018 with a fixed rate of 5%. The government provides many public services to people living in the UAE. VAT helps the government provide better services over time.
VAT consultants in Dubai help businesses keep clear records of their income, expenses and VAT amounts. VAT affects how a business operates, but with its help, it makes things less risky and easier to handle.
Many people find it difficult to comply with tax regulations. With the help of good tax consultants in Dubai, DBS Business Setup Group helps businesses use the right VAT measures. We check your business deals and help fix any tax issues.
Why Is a VAT Consultant Needed in the UAE?
Why is a VAT consultant needed in the UAE? Since VAT is a new rule in the region, businesses need the help of trained and skilled tax experts. These experts guide companies to comply with VAT regulations in the initial stages. Many business owners do not know when to register for VAT, how to calculate it or how to make payments.
Here are the main benefits of hiring a VAT consultant: -
Accurate Work
A VAT consultant takes extra care to ensure that all your VAT details are correct. They check files with both tools and manual checks to avoid errors.
Good Knowledge
A good VAT consultant knows all the important things about VAT. If you are new to it, they can help you understand VAT rates, how to calculate them and when to pay.
No Mistakes
With their years of work and practice, a VAT consultant can prepare your VAT returns without errors. This helps you save both time and money.
Saves Time
A skilled VAT expert can save you time. They help you check details, make correct calculations and spot any risks in your business.
Easy VAT Registration And Return Filing
If your business revenue exceeds a set limit, you must register for VAT. A VAT advisor can guide you through the steps of registering and filing a VAT return.
Keeps Records Ready
A VAT advisor helps you keep your records and files in order. This ensures that you are prepared for any VAT audit. They can also advise you on your business accounts.
Reduces Risk
A good VAT expert knows how to deal with business risks. They give you the right advice to avoid VAT problems in the future and keep your business safe.
Documents Required for VAT Registration in UAE
To apply for VAT registration in UAE, you will need the following documents:
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Copy of trade license
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Copy of passport of owner and all partners
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Copy of Emirates ID of owner and partners
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Company MOA and AOA
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Company full address and contact details
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Bank account details
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Monthly revenue details in FTA format from 2017 to present
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Type of business and main work completed
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Expected revenue in the next 30 days
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Customs registration details (if you have one)
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Emirates ID, passport and documents of the person signing
After you submit the documents, the FTA will check them. If everything is in order, they will approve you within 2-3 weeks and issue you a Tax Registration Number (TRN). To register a tax group, start with one company, then add the rest. If a business does not register within 30 days, it will have to pay a fine of AED 20,000.
Why Choose Us for Tax Excellence?
Strong Tax Knowledge
Our tax experts have over 10 years of experience. We understand all UAE tax regulations and help you be fully compliant without any stress.
Smart Tax Planning
We don’t wait for tax problems to happen. We plan ahead and help you save up to 30% by making smart tax decisions for your business.
Support Anytime, Anywhere
You can talk to your tax expert anytime using your phone or computer. Help is always a click away whenever you need it.
We Promise 100% Accuracy
We double-check every report and form before sending. This means your tax work is always correct and on time.
How VAT Help From DBS Services Works for You
Managing VAT is not easy when running a business. A small mistake can lead to big losses. That’s why it makes sense to hire a trusted VAT expert.
Dubai Business Services offers full VAT support in Dubai. Our team knows the VAT system well and works closely with you. We make sure you comply with all the rules and avoid paying penalties. We give you clear advice that is right for your business.