VAT Services in UAE

VAT services in UAE are crucial for ensuring business compliance with local tax laws. Our expert team provides tailored VAT registration, filing, and advisory services to help you manage your tax obligations efficiently. Whether you’re a new or established business, we are here to support all your VAT needs, allowing you to focus on growth and success.

Vat consultants in Dubai

VAT Services in Dubai: Your Trusted Vat Consultants in Dubai, UAE

Streamline VAT Registration, ensure Compliance, and simplify Filing with our expert Vat Consultants in Dubai UAE.

Are you a business in the UAE that needs help with compliance, filing services in Dubai UAE or VAT registration services in UAE? we CBM Consultants LLC  have team of experts a top-notch Vat Consultants in Dubai UAE. can help you with all your VAT needs.

The UAE implemented a value-added tax (VAT) system in 2018. VAT is a consumption tax that is applied to most goods and services sold in the UAE. Businesses that are registered for VAT are required to collect VAT from their customers and remit it to the government.

CBM Consultants LLC is your trusted partner for comprehensive VAT services in the UAE, addressing all your needs, including:

Types of VAT Registration in UAE

VAT registration in UAE is categorized into a few different types based on the nature and size of the business. Here are the main types of VAT registration in the UAE:

  1. Mandatory VAT Registration: This applies to businesses whose taxable supplies and imports exceed the mandatory registration threshold of AED 375,000 per annum. Businesses meeting or exceeding this threshold are legally required to register for VAT.
  2. Voluntary VAT Registration: Businesses that do not meet the mandatory threshold but have taxable supplies and imports, or taxable expenses, that exceed the voluntary registration threshold of AED 187,500 per annum can opt to register for VAT voluntarily. This option is often chosen by businesses that want to reclaim VAT on their business expenses.
  3. Group VAT Registration: For companies that are part of a group where two or more entities are related in terms of economic, financial, and regulatory practices, group VAT registration might be an option. This allows the group to be treated as a single VAT entity, simplifying VAT reporting and reducing administrative burdens.
  4. Special VAT Registration for Non-residents: Non-resident businesses that make taxable supplies in the UAE may need to register for VAT, regardless of any registration threshold. This typically applies if there is no other UAE resident party who can account for VAT on these supplies.

These types are structured to ensure efficient tax collection, compliance, and regulation across different scales and types of businesses operating within the UAE. Businesses must assess their circumstances and register accordingly to comply with the UAE’s tax laws.

Why Choose Our VAT Services in Dubai?

Proven Expertise

Our seasoned VAT consultants bring years of experience in navigating Dubai’s dynamic tax landscape.

Comprehensive Solutions

From VAT registration to ongoing compliance, we offer end-to-end services tailored to your business needs

In-Depth Analysis

Benefit from our meticulous analysis of your business to ensure accurate VAT planning and reporting.

Efficient VAT Registration

Our consultants simplify the VAT registration process, guiding you seamlessly through the requirements.

Tailored Guidance

Receive personalized advice on VAT implications, helping you make informed financial decisions.

Risk Mitigation

We proactively identify and address potential risks, ensuring your business stays compliant and secure.

VAT Registration

Need help with VAT Registration? Click the link below for detailed information or contact us for a free non-obligation discussion.

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VAT Compliance

Are you worried about VAT Compliance? Don’t worry, we’ve got your back. See further details or contact us today.

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VAT Filing

Well done on updating your books, VAT filing is the most important and final step. We can prepare, review and file it for you.

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VAT Consulting

We have over 2 decades of VAT consultancy experience. Yes, 2 decades UK VAT experience.

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We have a team of experienced VAT professionals who can help you understand the VAT laws and regulations in the UAE. We can also help you set up your VAT system and ensure that you are compliant with the law.

If you are a business in the UAE that needs help with VAT, contact our accounting firm today. We can help you with all your VAT needs so that you can focus on running your business.

FAQs

VAT stands for Value Added Tax. It is a consumption tax that is applied to most goods and services sold in the UAE. The VAT rate in the UAE is 5%.

VAT was introduced in the UAE on January 1, 2018.

Businesses that meet the following criteria are required to register for VAT in the UAE:

  • They have a turnover of over AED 375,000 per year.
  • They import goods or services into the UAE.
  • They provide certain taxable services, such as telecommunications, transportation, and financial services.

Most goods and services sold in the UAE are taxable. However, there are some exemptions and zero-ratings.

Exemptions include:

  • Basic food items
  • Education and healthcare services
  • Financial services provided by banks and other financial institutions

Zero-ratings include:

  • Exports of goods and services
  • International transportation of goods and passengers
  • Supplies of goods and services by government entities

VAT is calculated on the value of the taxable supply. The taxable supply is the price of the goods or services sold, plus any taxes or duties that are included in the price.

For example, if a business sells a product for AED 100, and the VAT rate is 5%, then the VAT payable is AED 5.

VAT is payable on the 28th day of the month following the month in which the taxable supply was made.

For example, if a business makes a taxable supply on January 1, 2023, then the VAT payable is due on February 28, 2023.

VAT returns must be filed electronically through the UAE Federal Tax Authority (FTA) website. The FTA website provides a step-by-step guide on how to file a VAT return.

The penalties for non-compliance with VAT in the UAE can be severe. Businesses that fail to register for VAT, collect VAT, or file VAT returns may be subject to fines, interest, and criminal prosecution.

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