Value-added tax (VAT) came into effect in the United Arab Emirates on the 1st of January 2018, making it mandatory for any business with a monthly turnover of 32,000 AED to file for VAT.
Sami Raja Consultancy consists of an experienced team of accountants and VAT professionals offering guidance on all things related to VAT including VAT registration, VAT filing, tax advisory, business accounting, inventory management, and auditing.
Starting with a consultation, our experts will have a face-to-face conversation with your managers to understand the day-to-day operations of your business, the volume of business, applicable reduced rates and exemptions, taxable supplies, and your current record-keeping and accounting techniques.
Our experts will help you to review and reorganize existing pricing structures, accounting techniques, and contracts with suppliers to reflect the current realities. We will also help you to organize the documents required for VAT registration, review the documents and submit the application after a thorough review.
our services also extend beyond VAT filings to include VAT recovery services for clients whose input VAT exceeds the output VAT for a given period. Our experts communicate directly the Federal Tax Authority to ensure that supporting documents and all questions regarding reclaims are answered in a timely fashion.
Our VAT consultants will develop a VAT solution tailored to ensure that your business VAT needs are taken care of in an efficient and transparent manner.