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VAT Consultation Services

At Alya Auditors, we provide a complete range of chartered accounting services in Dubai and all over the UAE. We offer services to both commercial and residential clients. Our accounting services team consists of qualified professionals with years of advanced accounting experience, ranging from small to exceptionally large and complex transactions and entities. Our chartered accounting services include accounting, auditing, vat consultation, tax consulting, accounting supervision services, assurance services, cfo services and all kinds of financial services. We take care of the entire financial information in an organization and obtain services within the shortest period of time. If you want to know about our vat consultation services, just view our presentation.

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VAT Consultation Services

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  1. VATConsultation Services Get all information about Value AddedTax. bibin@alyaauditors.com +971 42693114 http://alyaauditors.com/vat-consultation/

  2. INTRODUCTION Avalue-addedtax (VAT)isaconsumptiontaxplacedonaproductwhenevervalueisaddedateachstageofthesupply chain,fromproductiontothepointofsale.TheamountofVATthattheuserpaysisonthecostoftheproduct,lessanyof thecostsofmaterialsusedintheproductthathavealreadybeentaxed.

  3. Five Pillarsof VAT • All taxable persons are required to register under the respective country’slaw • Apply for a Tax Registration Number • Registration and appointment of taxagents • Is made in the course or furtherance of any business carried on by taxableperson • There are strict penalties for non-compliance

  4. VAT ConsultationServices • Identification and analysis of the VAT impact on yourbusiness. • Outline the VAT registration obligations andsteps. • Review and amendment of contractual arrangements with customers. • Analysis of IT system and accountingrequirements. • Ensure that business is structured. http://alyaauditors.com/vat-consultation/

  5. VATImplementation • Make sure that the relevant books and records are maintained in the appropriate manner. • Ensure that the accounts payable function evidences. • Ensure that the accounts receivable function understands. • Update of the invoicetemplates. • Assist with the VAT consultation andregistration with the competentauthority.

  6. VAT Training and Post ImplementationSupport The change can be a difficult thing that iswhy we will deliver tailored VAT training for your teams to assist with the transition in toVAT. http://alyaauditors.com/vat-consultation/

  7. VATCompliance • Advise on the application of the rules, especially on availableexemptions. • Preparation and filing the VATreturns. • Assistance in claiming VATrefunds. • Update of the invoice templates. • Assessment of the VATimplication. http://alyaauditors.com/vat-consultation/

  8. VAT in UAE Importance of Accounting Records UAE is going to adopt VAT which applies to almost all goods and services except basic food items, healthcare, and education. Though the burden normally lies on the ultimate consumer the business entities need to change the systems, processes, and procedures to comply the new legal requirement which is expected to be implemented by the government effectivefrom1st Jan2018. http://alyaauditors.com/vat-consultation/

  9. THANKYOU! For MoreInfoVisit:http://alyaauditors.com/vat-consultation Garhoud,AlGarhoud, P.O. Box : 41102, Dubai,UAE. Office No.211B, AL KazimBuilding,

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