VAT Return Filing Services in the UAE

VAT return filing is required for all firms registered for VAT in the UAE. VAT came into effect in the UAE on January 1, 2018. Since then, all VAT-registered businesses have been obligated to comply with VAT requirements and file regular returns.

Filing VAT returns is essential for maintaining compliance with UAE tax rules. It helps businesses avoid penalties and legal concerns, keep correct financial records, and contribute to the country’s economic stability. Not complying with VAT can result in significant fines and legal ramifications. This makes timely and accurate VAT return submission imperative.

The main objective of submitting a VAT return is to report the VAT received from customers and the VAT paid on purchases to the FTA. The process ensures that the taxes collected and paid are in balance.

Businesses are required to submit official VAT returns at least every three months. In a few instances, however, this can differ.

How can Transacle help you?

Transacle provides quick and trustworthy VAT return filing services in the UAE, guaranteeing that your company follows UAE VAT regulations, avoids fines, and maintains its legal status in the competitive UAE market. Here is what our VAT return filing services in the UAE involve:

• Regular data collection visits: Our professionals will visit your company regularly (monthly or quarterly) to collect and arrange the financial data required for VAT return filing.

• Preparing your VAT returns: We will prepare your VAT returns in complete accordance with FTA requirements to ensure accuracy and compliance.

• Timely submission of your VAT returns: We ensure that your VAT returns are filed on time, avoiding late submission penalties.

• Assurance of compliance: We conduct a thorough evaluation of your financial activities to verify complete compliance with VAT rules and regulations.

• Verification of transactions: We verify VAT-related transactions to make sure the right amount is charged and claimed.

• Expert VAT guidance: We provide ongoing guidance based on the most recent VAT developments, ensuring that you remain compliant and informed while avoiding VAT forfeitures from the FTA.

• Maintaining correct VAT paperwork: We verify your books and keep proper documentation to ensure VAT compliance. We will additionally verify the VAT-related transactions to ensure that the proper VAT amount is levied on deals as affair duty and that the VAT charged by the supplier is accurately claimed.

• Representation during FTA inspections: If needed, our professionals can represent your company during FTA inspections.

Transacle provides prompt and reliable VAT return filing services in Dubai, ensuring that businesses adhere to UAE VAT regulations, avoid fines, and maintain their legal standing in the dynamic UAE market.