Dubiz

If you are planning to start a business in Dubai or are already operating there, then you must have come across the term “Value Added Tax” (VAT). Making up a significant part of the UAE's tax system, VAT is a major source of income for the UAE government.

Every eligible business, whether small or large, must register for VAT and file returns on time to stay compliant with the UAE’s taxation policies. At Dubiz, our professional VAT consultancy services in Dubai assist with VAT management, registration and deregistration, periodic VAT filing, and overall compliance.

Having a reliable and trusted VAT consultant in Dubai can be a game changer and we make sure you do not get stuck in the numbers!

Is Your UAE Business VAT Complaint?

Who We Are - Dubiz

Value Added Tax (VAT) is an indirect tax imposed on the goods and services being traded and consumed. The tax is collected by the businesses and is ultimately borne by the consumer.

In UAE, VAT is applicable at a standard rate of 5% on taxable goods and services. Timely registration and filing of such tax is very important to stay safe from penalties and fines.

Getting Registered for VAT in UAE

VAT registration in the UAE is obligatory for only those businesses whose annual taxable income exceeds AED 375,000. However, businesses with a yearly taxable income below AED 375,000 but more than AED 187,500 may still choose to register voluntarily.

The benefits of VAT registration include:

Get your official Tax Registration Number (TRN).

Stay compliant with UAE VAT regulations.

Charge VAT on products and services legally.

Claim input VAT on qualifying expenses.

Prevent fines and legal complications.

Strengthen your business’s credibility.

Current UAE VAT Rates

In the UAE, the following VAT rates are applicable for different categories of supplies (goods and services).

5%

Standard Rated Supplies

  • VAT collected.
  • Supplier has right to recover VAT incurred on qualifying business expenses.
0%

Zero-Rated Supplies

  • VAT not collected.
  • Supplier has right to recover VAT incurred on qualifying business expenses.
Nil

Exempted Supplies

  • VAT not collected.
  • Supplier cannot normally recover any of the VAT incurred on expenses in making exempted supplies.

Please note that the UAE taxation law is subject to changes made by government. For more details, you can talk to one of our VAT consultants in Dubai.

File Your UAE VAT Return on Time

Eligible taxpayers must file VAT returns with Federal Tax Authority (FTA) on a quarterly basis which reflects the details of supplies made and received by them.

Tax liability would be the difference between tax charged and tax paid on supplies of goods and services. Any of the following situation could arise:

  • Payment to FTA:

    In case tax collected is more than tax charged.

  • Refund from FTA:

    In case tax paid is more than tax collected.

Need of Professional VAT Consultants in UAE

Navigating the tax landscape in a dynamic city like Dubai can be complex for many. Business in Dubai need trained experts who can guide them through the rules and regulations of VAT and the payment process.

Also, proper attention must be given to ascertaining the liability and then filing the VAT return on time. Here are the benefits of seeking expert VAT consultancy services in Dubai:

Legal compliance

In the UAE, your business must follow the latest tax laws and FTA regulations. When it comes to maintaining records, filing processes, and other requirements, an expert can help in meeting every such requirement.

Tax optimization

How you structure your transactions and operations can have an effect on your tax liabilities. Professional VAT consultants Dubai can help you with optimizing your tax position and minimizing the liabilities.

Time saving

By entrusting those who know the tax system of UAE inside out, you not only ensure your taxation accuracy but also save time for your other business goals and core activities.

Eliminate mistakes

By calculating the VAT wrongly or filing it after deadlines, or mistakes in documentation can lead to penalties and audits. When a qualified expert handles everything on your behalf, such chances of errors definitely get eliminated.

Timely filing

Missing deadline of return filing can cost your business fines. Experts make sure you have a proper schedule and returns are submitted on time.

Mitigate risk

VAT consultancy services in Dubai reduce the risks associated with VAT. Since experts have the better knowledge of the field, they know how to take extra care for your tax affairs.

Delivering value and peace of mind for your business

Dubiz’s VAT Consultancy Services in Dubai

Dealing with tax and related responsibilities in the UAE requires a holistic approach. At Dubiz, we are committed to making your taxation matters as simple and straightforward as possible. Our comprehensive VAT consultancy services in UAE include:

1

Advisory & compliance services

Understanding VAT in the first place is very important, and our experts offer professional advice on that. Equipped with the latest laws and requirements, our VAT advisory in Dubai keeps you updated on all regulations, including VAT exemptions, zero-rated transactions, thresholds, and processes.
2

VAT registration services

We help you get your business registered for VAT with the FTA. Our VAT registration consultant in UAE helps in determining whether you fall under mandatory or voluntary registration. We ensure your application process is smooth and that you receive your TRN promptly.
3

VAT deregistration services

If your business no longer meets the VAT threshold, you may opt for deregistration. Our experts will guide you through the account closure process with the FTA seamlessly.
4

VAT return filing services

Businesses must submit VAT returns to the FTA periodically, along with reports on how much VAT they have collected and paid. Dubiz experts help with accurate calculation of VAT liability, preparation of returns as per legal requirements, and handle the filing on your behalf.
5

Input VAT recovery services

We help you identify qualifying expenses on which you can claim VAT refunds from the FTA and assist with the entire recovery process.
6

VAT optimization services

Reducing your tax liabilities is possible when you have the right guidance. Our experts analyze your transactions and business structure to legally minimize your tax burden. Therefore, helping you retain more of your hard-earned money.
7

Audit and assessment services

FTA may conduct audits at its own discretion, and during such times you will find full support from our team. Whether it is reviewing tax records, preparing reports, or representing your business during audits or dispute resolutions, we ensure everything is in order.
8

Record-keeping support

As per FTA regulations, a business must maintain VAT records for at least 5 years. Dubiz can assist in organizing and maintaining all necessary documentation and records, including invoices, returns, and receipts, ensuring they are ready for inspection at any time.

Why Choose Dubiz?

Being legally compliant is very important for the credibility and professional image of your business setup in Dubai. Especially when it comes to tax and VAT-related matters, any negligence can land your business in legal trouble and result in fines.

At the same time, tax management can be a tedious task for many, which is why we at Dubiz have taken the initiative of helping entrepreneurs and relieving them of the tax burden.

By taking care of all VAT-related issues on your behalf, our experts make sure your business is legally sound in the backend, while you can focus carefree on your business growth.

We offer end-to-end professional and VAT consultancy services in Dubai that meet all your needs:

  • Guaranteed VAT compliance
  • Comprehensive services under one roof
  • FTA-approved VAT consultants in UAE
  • Customer support round the clock
  • Affordable and customized solutions

Our other tax and accounting services include:

  • Accounting & Bookkeeping
  • Auditing Services
  • Tax Agency Services
  • Excise Tax Registration, Compliance & Return Filing
  • Corporate Tax Registration, Compliance & Return Filing
  • Economic Substance Regulation (ESR) Compliance & Reporting
  • Anti-Money Laundering (AML) Compliance & Reporting

FAQs about VAT Consultancy Services

Input VAT is the value-added tax that registered businesses pay on the purchase of taxable goods and services which they use in their business operations.