VAT audits are becoming more common as the Federal Tax Authority (FTA) increases its oversight in the UAE. Many businesses are caught off guard by VAT audits, which can lead to assessments, fines, and stress. Preparation is not optional—it’s essential.
A VAT audit involves an in-depth review of your financial records, invoices, VAT returns, and supporting documentation. Auditors typically look for compliance with the UAE VAT Law, focusing on accurate tax reporting, recordkeeping, and timely payment.
Strategists Consultant helps businesses prepare for VAT audits by:
- Reviewing previous VAT filings and supporting documents
- Ensuring invoices and contracts are FTA-compliant
- Reconciling VAT returns with accounting ledgers
- Training teams on audit best practices
Being audit-ready at all times sends a strong message to the FTA—you are compliant, transparent, and trustworthy. It also prevents last-minute panic and costly mistakes.
If your business receives an FTA audit notice, having Strategists Consultant by your side ensures the process is smooth and well-managed.