The best VAT consultants in Dubai at are your service

Value Added Tax

The best VAT consultants in Dubai at are your service From 1st January 2018, Value Added Tax (VAT), which is an indirect tax system, has come into effect in the UAE, and Saudi Arabia. Other members of the Gulf Cooperation Council (GCC) made some delays in its implementation. Qatar and Bahrain brought this system into effect from 1st January. Kuwait has postponed it to the year 2021. This implementation was a call for VAT consultants in Dubai to make the companies aware of the implementation process. N R Doshi and Partners own such experienced consultants who had provided implementation to several clients who remain satisfied. In this VAT system, 5% of the goods and services’ price is charged as the tax on every stage of the supply chain. There are a few goods and services on which 0% VAT is charged. Besides this, a few are wholly exempted from the taxation system. Therefore, your industry will be placed amongst any of these three categories based on the VAT system- on which 5% VAT is charged, 0% VAT is charged, and VAT is exempted. N R Doshi & Partners has worked with multiple industries. We aim to provide you with a VAT ready model specific to your industry. Our tax consultant the UAE calculates the impact of VAT implementation on your business by studying the previous profit, maximum retail price, consumer base, etc., and relating it with the current attributes.

This will let us create plans by which you can achieve the profit which you previously had when your company didn’t need to pay taxation. This is done with keeping your business compliant with the rules and regulations of your country. Being one of the most reputed VAT consultants in UAE, we also make sure that your consumers have a minimum effect from this change. This is crucial as improper implementation may harm the user base.

Increment in the revenue collection is the primary reason why VAT is introduced. As there is a considerable drop in oil prices, the UAE planned to lesser down its dependency on oil companies for revenue generation. With this, the oil company’s revenue share will be minimized, but the quality of public service remains the same.

A criterion for registration is also defined based on the annual turnover of the company. If the company’s revenue is more than AED 375,000/- per year, then VAT registration is mandatory. In case, if the business generates income between AED 187,5000/- and AED 375,000/-, then it is optional to register it under the UAE VAT Law.

Furthermore, if the revenue is lesser than AED 187,500/-, the company requires no registration under this law.

Choose Our Experts for facile Value Added Tax Registration

VAT registration becomes facile if you have VAT registration consultants to rely on. N R Doshi & Partners owns a team that has helped numerous businesses in getting started with VAT implementation. We, as VAT consultants in Dubai, suggest a workable tax plan for your company to know the effect of value-added tax implementation.

We assist you in arranging all the relevant documents which are required for VAT registration.

• Required documents are presented in front of Federal Tax Authority UAE.
• One needs to declare the products and services with which the company deals.
• Declaration of turnover is required.

We, as a highly experienced tax consultant in UAE, manage the meetings with GCC officials, and trouble-free registration is conducted.

Note: We even provide vat deregistration service for the companies who have decrement in turn over and do not cross the voluntary registration threshold of AED 187,500/.