Value Added Tax or VAT is a tax on the consumption or use of goods and services levied at each point of sale. VAT is a form of indirect tax and is levied in more than 180 countries around the world. The end-consumer ultimately bears the cost. Businesses collect and account for the tax on behalf of the government.
To fully comply with the UAE VAT legislation, businesses may need to make some changes to their core operations, financial management and book-keeping, technology, and perhaps even their human resources.It is essential that businesses try to understand the implications of the new taxes and make every effort to align their business model to government reporting and compliance requirements.
Anil Kumar Auditing and ADS Accounting & Tax Consultancy
Having an integrated team of professionals we give you the perspective and support you need to manage the taxes effectively. Our success has been built on our willingness to customize our services as per our clients’ unique needs. From accounting to best-in-class tax consultation services, we help you to establish right goals and action plans that boost business performance and give your business a defining competitive edge. Whatever be the type of business you have, our service offerings carry the right blend to add significant value to your company.
Managing VAT obligations is an ongoing challenge for all businesses and errors in this may lead to administrative penalties that accumulate if not corrected. Being the best VAT consultancy service provider, we specialize in addressing the complex automation needs of companies looking to enhance their compliance precision and considerably lessen their dependency on manual processes and in-house or spreadsheet based technology.
Solutions Provided
Manage your books of accounts
Effortlessly manage your books of accounts with accuracy and compliance, ensuring your financial records are organized and audit-ready.
Preparation of Tax Calculations
Ensure accurate and timely preparation of tax calculations, helping you stay compliant while optimizing your tax liabilities.
Registration of your company with local tax authorities
Seamlessly register your company with local tax authorities, ensuring compliance and a smooth start to your business operations.
Implementation of Compliant Accounting Software and Systems
Implement compliant accounting software and systems to streamline your financial processes, ensure accuracy, and meet regulatory standards.