Ways to Amend your VAT Registration in UAE
The newly introduced VAT system in Dubai, UAE, makes it essential for qualified and experienced tax professionals and consultants to support your business. We, at Earningo’s VAT Registration Dubai, UAE are here to lend you a helping hand, with our team of highly experienced and FTA verified consultants for taxes and audits who can work with you as your tax advisers.
Who requires VAT Registration Dubai, UAE?
Every business based in any Emirate in the UAE and whose taxable imports plus supplies are more than or are expected to exceed AED 375,000 in a financial year must mandatorily register for VAT. An optional provision is given for businesses whose supplies and imports exceed AED 187,500 per annum for VAT registration Dubai, UAE.
Why do you need us?
Serious penalties are imposed on those who do not comply with VAT regulations. The penalties are as follows:
- AED 20,000/- Failure to submit VAT Registration within the given time frame.
- AED 1,000/- Failure of VAT Return Filing for the first time.
- AED 2,000/- Failure of VAT Return Filing within the subsequent 24 months.
- AED 15,000/- Failure to display prices without including tax.
- AED 10,000/- Failure to maintain records for the first time.
- AED 50,000/- Failure to maintain records subsequently.
Hence, by trusting Earningo’s VAT registration consultancy services, you can be free of such worries about the penalties imposed for not following up with tax payments. So, complete your VAT registration Dubai, UAE with our help. Our step-by-step guides, expert advice, and follow-up services will help you ease your VAT journey!
Why Choose Us?
Our team of skilled, FTA (Federal Tax Authority)-certified experts has years of experience and is well-versed in the tax and audit laws of the UAE. We believe in the “client-first” mindset and hence, give the utmost priority to them. Your data is in safe hands with us!
Our VAT Registration Services
As or client, you’ll benefit from the following three VAT-related services provided by us:
1. VAT Advisory
Here, we aim to perform a detailed analysis of how VAT impacts and will impact your business. We will also provide information about FTA guidelines and updates through our VAT-based workshops and training sessions.
We will also assist you in identifying, managing, and drafting VAT action. In addition, our VAT advisory services cover invoicing under VAT guidelines along with IT mitigation.
2. VAT Compliance
We help you to easily complete your VAT returns and successfully review your account. We also help in negotiating with tax authorities for VAT-related audits and queries, while adhering to all the rules and regulations of VAT registration Dubai, UAE.
3. Tax Agent
We are regarded as one of the leading tax agencies in UAE and have represented nearly 200 clients for VAT handling and accounting services. We also have a 100% VAT Refund success ratio.
Our thirty-year experience in the field has helped in tackling situations and providing the best solutions to our clients, therefore ensuring a smooth VAT registration process.
Being a trusted tax agency we uphold our responsibility of being aware of every VAT-related update in the UAE, to represent your business on a positive note before the FTA.
We keep you informed about the latest VAT-related procedures, declarations, assessment proceedings, penalties, appeals, and auditing. All in all, Earningo is your one-stop solution to fulfill all your VAT responsibilities in an efficient, compliant, systematic, and timely manner.
Contact Us Today!
So if you are looking for a consultancy to complete your VAT Registration, Dubai, UAE, call us now to enquire about our reasonable charges and exemplary services!