After the implementation of VAT in the UAE on 1st January 2018, business residents within UAE must register for VAT. VAT registration is mandatory for businesses with supplies greater than AED 375,000. The standard 5% VAT rate is applied to certain goods and services that are governed by the Federal Tax Authority (FTA). However, the majority of businesses still face difficulties in implementing VAT in their businesses. Also, they are unable to remain compliant with VAT. For this purpose, there are several VAT consultants operational in the UAE. They comprise experienced and trained tax professionals to assist you and your business efficiently. VAT consultants provide all VAT-related services including VAT return filing. They also ensure that your business complies with UAE VAT law.
VAT consultants provide monthly VAT returns and audit reports to the FTA. Numerous firms provide VAT filing services. The top 5 VAT filing companies in the UAE are as follows.
- AKA Management Consultancy
- CDA Audit
- Emirates Chartered Accountant Group
- Saif Chartered Accountants
- JAXA Chartered Accountants
AKA Management Consultancy
AKA Management Consultancy has developed a comprehensive system that offers emerging enterprises important services. Their unrivalled team of experts is dedicated to resolving all business queries, ensuring the continued success and growth of your business. Their VAT experts can effectively carry out the VAT filing process for your enterprise. They make sure to correctly report your information so you do not have to encounter any fines. Moreover, they provide a hassle-free, meticulous VAT filing process. AKA Management Consultancy is a leading firm in the UAE that has been working with the FTA and numerous clients for VAT filing since its implementation.
CDA Audit
CDA owns several experienced chartered accountants providing expert accounting and audit services. it offers a wide range of services to clients. Their quality services ensure that clients meet their business goals with success. In addition to other VAT services, CDA helps clients and businesses in the VAT filing process in the UAE. It offers error-free VAT return filing along with correct management of accounting records relevant to each tax filing. This firm provides the finest help for your VAT return. CDA comprehends your business dealings and provides the following VAT filing services:
- Complete assistance and support to VAT filing in compliance with the UAE VAT law
- Proper instruction to the employees
- Error-free VAT filing
- Documentation relevant to each tax filing
- Proper tax planning
Emirates Chartered Accountant Group
Emirates chartered accountant group is ISO 9001-2015 certified firm. It is known to benefit thousands of businesses across UAE in tax returns. Their team is regularly updated about the constantly changing tax situation in the region. They work in a way to examine your transactions, identify the tax points involved, and suggest proper tax requirements for your business. VAT consultants at this firm consistently enhance their assistance, support, and problem-solving skills to help you cope-up with every challenging task. Their suggestions strongly comply with the UAE VAT law and guidelines issued by the FTA. Along with VAT filing, they also provide VAT registration, VAT deregistration, and VAT training services.
Saif Chartered Accountants
Saif Chartered Accountant is established as an auditing and accounting firm in Dubai. With an expert team in every department, it provides numerous services including accounting, auditing, business consultancy, and all VAT-related services to enterprises. They assist with VAT return preparation and filing by comparing the right input tax with the total VAT liability. Moreover, their VAT consultants thoroughly review the VAT returns that are destined to be filed. Saif chartered accountants group also provides complete guidance to your business for any queries or other VAT-related processes.
JAXA Chartered Accountants
JAXA chartered accountants is an ISO 9001-2015 certified firm providing services to clients that cater to their needs. It is your go-to business consultant that has been assisting companies with setting up their finances, taxes, and accounting systems. This consultancy firm has been pleasing customers globally with its exceptional services. It serves to better understand your business and ensures that your business flourishes. JAXA provides the following VAT filing services:
- VAT registration
- Filing VAT returns
- Payment of return submission
- VAT recovery
- VAT compliance process
- Dealing with tax inspection
Bottom Line
Dealing with VAT filing is a sensitive and tedious process. Hiring a reputable consultancy firm can save you a lot of time and money. AKA Management Consultancy is the best VAT consultants in Dubai. They are VAT experts who begin every process from scratch and simplify it for your understanding. It enables businesses to precisely track their revenue expenditures and other associated fees. With the help of their team, you can reduce the danger of transactions. It guarantees to manage the VAT filing process smoothly and prevents your business from getting fined or charged.
Click here and read more
