VAT is charged at each step of the “supply chain”. Ultimate consumers generally bear the VAT cost while businesses collect and account for the tax.
A business pays the government the tax that it collects from the customers while it may also receive a refund from the government on tax that it has paid to its suppliers. The net result is that tax receipts to the government reflect the “value add” throughout the supply chain.
that will help the business to comply the rules and regulation and to avoid any fines and penalties and as per FTA the Tax Agent will provide to following services:
-Helping the businesses register with the FTA
-Preparing and submitting tax returns to the FTA on behalf of the businesses;
-Maintaining tax related records and/or information;
-Enquiring about tax related matters with the FTA
Being your tax agent in Dubai, We will be responsible to provide all the records, information, documents, and financial data to the Federal Tax Authority (FTA) if requested to submit on behalf of the company.
We will assist you with your tax obligations according to a contractual agreement between us, in accordance with the Tax Agent's duties as stated in the tax legislation.
We is also providing, VAT Return Filing Services, VAT Consultancy, VAT Compliance Review and Tax Consultancy Services and Tax Agent Services in UAE
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