At Yuga Accounting & Tax Consultancy, we understand that navigating the complexities of the UAE VAT system is a crucial task for businesses. Staying compliant with local regulations is essential to avoiding penalties and ensuring smooth business operations. Our team of expert accountants offers comprehensive VAT Accounting services to ensure your business stays ahead.

Understanding the 5% VAT Rate

Our experts will guide you in classifying your goods and services accurately. We’ll help you identify zero-rated sectors like exports and exempt categories such as healthcare and education, ensuring your VAT returns are filed correctly.

Timely Filing to Avoid Penalties

We assist with timely filing of VAT returns to avoid penalties. Our automated VAT filing solutions ensure that deadlines are met, and compliance is maintained, avoiding fines that can escalate for repeated delays.

Input VAT Recovery on Business Expenses

Our team ensures that you recover the maximum allowable input VAT on eligible business expenses. We review all invoices to ensure they meet Federal Tax Authority (FTA) requirements, allowing your business to optimize VAT recovery.

Reconciliation for Audit Readiness

With VAT audit readiness being critical, we help reconcile VAT returns with financial statements. We also maintain detailed VAT records for at least 5 years as required by the FTA, minimizing discrepancies during audits.

At Yuga Accounting & Tax Consultancy, we are committed to providing high-quality VAT consultation services tailored to your business needs. Whether you need assistance with VAT registration, filing, or audits, our experienced team is here to help.

Contact us today at Yuga Accounting & Tax Consultancy to ensure your business remains VAT compliant and financially efficient.

FOR MORE INFORMATION, CONTACT US :

Phone : +971 52 1952 532 / +971 4 240 1110

Mail-Id : info@yugaaccounting.com

Website : www.yugaaccounting.com