Value Added Tax
A value-added tax (VAT), known in some countries as a goods and services tax (GST), is a type of tax that is levied on the price of a product or service at each stage of production, distribution, or sale to the end consumer. VAT was introduced in the United Arab Emirates (UAE) on 1 January 2018. The general VAT rate in the UAE is 5% and applies to most goods and services, with some exemptions. At Strategists Consultant we have a team prepared to assist our clients in planning, analysis and advice on VAT and other indirect taxes, both in their national activity and investments and their expansion overseas. Our services have a double purpose: to identify and help avoid tax risks in the UAE and abroad, and to promote savings and opportunities in these taxes, especially considering the significant volume of treasury managed in relation to VAT. Our work focuses both on savings in absolute terms and on those with a strong financial component. Understanding and managing how indirect taxes impact your activities and operations, be it domestically or globally, has never been more important. In a digital age, governments are increasingly using technology to improve compliance and focusing on indirect taxes as a source of revenue. As you navigate this complex puzzle of continually changing rules and regulations, you need to stay informed and proactively manage your indirect tax to minimize risk and maximize value. We have a team of subject matter experts from across industry and market lines with extensive knowledge providing commercially minded support and advice on all indirect taxes. We have the capability to deliver value, no matter who you are, what you do, or where you operate.
Our service offerings encompass
- VAT Advisory Services.
- VAT Compliance, including VAT return preparation and submission.
- VAT Dispute Resolution.
- VAT Due Diligence Review.
- VAT Refund Assistance.
- Preparation and submission of voluntary disclosures.
- Preparation and submission of VAT clarification requests to the Federal Tax Authorities.
- Preparation and submission of VAT reconsideration requests to the Federal Tax Authorities.
Frequently Asked Question
Choosing a Strategists Consultant means partnering with a team that brings years of experience and deep knowledge of UAE’s VAT laws. Our VAT consultants provide personalized advice to ensure your business remains compliant while optimizing tax efficiency. With a hands-on approach, we simplify VAT processes, save you time, and reduce the stress of navigating VAT complexities.
A Strategists Consultant provides end-to-end support for VAT registration, guiding you through the entire process with ease. Their team ensures compliance with all regulatory requirements, helping you avoid common pitfalls and delays. They handle the paperwork, address your questions, and ensure your registration is smooth and hassle-free.
Accuracy and timeliness are crucial for VAT return filing. A Strategists Consultant’s experts manage everything from data collection to submission, ensuring your VAT returns are filed on time, every time. Their meticulous approach minimizes errors and helps you avoid penalties, giving you peace of mind.
Absolutely. Our VAT implementation service is designed to help businesses set up VAT correctly from the start. We provide tailored advice, training, and ongoing support to ensure your internal processes align with UAE VAT regulations. With a Strategists Consultant, you’ll be fully prepared to handle VAT with confidence.
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