VAT Tax Implementation Company Of UAE

VAT tax is also known as goods and services tax in some countries. This tax can be implanted on the consumer as the result of the increased value of any product in different stages from manufacturing to distribution.

The Vat tax is also going to be introduced in UAE at the start of 2018 this VAT tax introduction, however, will not be applicable to all the businesses. It is to be noted that this VAT Tax implementation will be applied to each customer in UAE who buys a product or uses any service at the rate of or at under 5%.

Usually, there are two types of Vat taxes:

• Direct tax.
• Indirect tax.

The direct tax is applicable to the individual who is using the service or buys any product and indirect tax is can be collected as a contribution as a wholesale, retail etc.

The VAT tax in UAE - Abdulhusain & Associates is also offering a wide range of services in updating people about the Vat tax implementation in UAE. The Abdulhusain & Associates was established in 1979 and have been serving since 36 years in the fields of accounting, financial and management consultancy.

The expert and financial teams of Abdulhusain & Associates help by suggesting quality solutions for the businesses and the tips to increase the growth of their profit. The company’s vision is to provide trusted and satisfied services for your business.

Implementation OF Vat:

Vat tax consists of 3 main components that are VAT accounting, VAT planning, and VAT advisory.

The Abdulhusain & Associates services for VAT tax implementation are:

• Meeting:

The expert teams are sent to the company to understand the regular functions of a specific company.

• Vat return submission plan:

After understanding the functioning of the company, the experts make the VAT submission plan according to the need for the company.

• Reviewing the Submission plan:

The submission plan reviewed by the team of VAT experts of the company and then submitted on the specific company’s behalf.

• Audit report:

Abdulhusain & Associates provide a consolidated audit report to the company.

The Abdulhusain & Associates is one of the trusted platform in UAE for providing best solutions and advice related to businesses. The company is also the member of Institute of chartered accountants of INDIA and has the base foundation in the field of accounting and management since 36 years of establishment. The experts are eager to serve your company with full support and dedication.