We provide comprehensive VAT services, from registration to tax return submission, with full support from certified tax agents.<br><br>
Aligning Your Tax Strategies with Your Organization’s Goals<br><br>
Value Added Tax (VAT) in the United Arab Emirates<br><br>
VAT is a tax imposed on goods and services at each stage of the supply chain. This tax is implemented in over 180 countries worldwide. In the United Arab Emirates, VAT was introduced in 2018. It is an indirect tax borne by the final consumer, amounting to 5% of the price of the goods.<br><br>
Companies calculate and collect this tax on behalf of the government. VAT serves as an additional source of revenue for the state, contributing to the provision of high-quality government services. In some cases, companies can reclaim the VAT paid to their suppliers, meaning that the net VAT revenue received by the government represents the value added through the stages of the supply chain.<br><br>
Registering for VAT in the UAE<br><br>
- VAT Compliance Review: Our expert team diligently addresses compliance gaps after identifying them to ensure adherence to VAT regulations.<br><br>
- Tax Agency Services: Our accredited tax agents provide legal representation for your company before the Federal Tax Authority and assist in avoiding unexpected penalties by offering accurate advice according to the laws and regulations.<br><br>
- VAT Validation: Verification processes allow clients to take necessary corrective actions before audits, ensuring the accuracy of the submitted tax return.<br><br>
- Voluntary Disclosure: We at MPG assist you in identifying errors in your tax return to reduce the risk of fines and penalties that may arise from the Federal Tax Authority’s assessment of your return.<br><br>