Services
VAT Consultancy Services in UAE
VAT is a mandatory consumption tax applied to goods and services in the UAE. Registering under VAT law signifies that your business is officially recognized by the government. We help you maintain accurate VAT records and monitor your VAT payments to prevent overpayment and ensure full compliance. With deep expertise in accounting, taxation, and VAT, our team offers top-tier VAT consultancy services tailored to the unique needs of your business in the UAE.
VAT Consultancy Services by KLOUDAC
VAT Registration
We assist businesses in registering for VAT based on revenue thresholds and compliance requirements, ensuring a smooth and accurate process.
VAT Return Filing
VAT-registered entities must file returns monthly or quarterly. We ensure proper recording of sales and expenses in line with FTA regulations to help you avoid penalties.
VAT Consultancy
Our experts offer strategic VAT advice tailored to your business. We address local and international VAT matters using technology-driven solutions for maximum efficiency.
VAT Deregistration
Missing the VAT deregistration deadline can be costly. We manage the entire deregistration process to ensure timely and accurate cancellation of your tax registration.
VAT Training
We provide customised VAT training for individuals and organisations to help your team stay compliant with VAT laws and regulations.
VAT Transaction Advisory
We guide businesses through complex VAT-related transactions, offering industry-specific insights for companies with intricate structures or operations.
Frequently Asked Questions
Quick answers to common questions about VAT consultancy.
VAT (Value Added Tax) is a 5% indirect tax on the consumption of goods and services, applied at each stage of the supply chain. It was introduced in the UAE on January 1, 2018. VAT provides the government with additional revenue to fund public services. Businesses with annual taxable supplies exceeding AED 375,000 are required to register for VAT.
Businesses can register online through the Federal Tax Authority (FTA) eServices portal. Creating an account is required before registration.
VAT generally applies to most goods and services in the UAE. However, some items are either zero-rated (taxed at 0%) or exempt. Refer to FTA guidelines for a detailed list of exemptions.
All VAT-registered businesses in the UAE, including those in free zones, must comply. However, transactions in ‘designated zones’, as defined by the UAE Cabinet, may be treated as outside the UAE for tax purposes, making transfers between such zones VAT-free.
At the end of each tax period, VAT-registered businesses must file a VAT return via the FTA portal. The return summarizes taxable supplies, purchases, and VAT due.
VAT returns must be submitted within 28 days after each tax period ends. The tax periods are:
- Quarterly for businesses with annual turnover below AED 150 million
- Monthly for businesses with annual turnover of AED 150 million or more
Get in Touch!
Have questions or need support?
Reach out to the KLOUDAC team, we’re here to help you every step of the way.
