VAT Consulting Services in Dubai

Updated on Sunday 19th September 2021

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VAT was officially introduced in the UAE at the beginning of 2018. Even if there was a period of accommodation with the new taxation rule and the formalities imposed, the owners of companies relied on specialized aid, in order to be able to legally operate on the market. Below we present some information about VAT consulting services in Dubai, with the mention that you can call on our experts in the field. Our VAT consultants in Dubai are at your disposal with complete details about business registration for VAT purposes.

VAT in the UAE - General information

First of all, it is important to emphasize that the standard VAT in the UAE is 5% rate and is one of the lowest in the world. This VAT is an indirect tax that is applied to various services and products. Being an indirect tax, this means that it is paid by the final consumer, and the FTA or Federal Tax Authority will collect this tax. Below is other information about VAT in Dubai:
  •  There are several exceptions to VAT in the UAE. For example, this tax does not apply to exports, investments in precious metals, education, health, aircraft, and sea transportation services.
  •  The sale of land plots is not subject to VAT taxation.
  •  Companies importing products in excess of AED 187,500 per year must register for VAT purposes.
  •  Registration for VAT payment is easy, and company owners must provide copies of the business license, company documents, bank account, etc.

More about the VAT registration in Dubai can be discussed with one of our consultants in Dubai. if you would like to register your company for VAT purposes, please feel free to get in touch with us and ask for a free case evaluation. 

Types of services offered by our VAT consultants in Dubai

In order to be able to register the company for VAT purposes without dealing with any problems, you can use the services offered by our VAT consultants in Dubai. With experience in this field, our specialists are ready to offer you the necessary support in this direction. Below you will find some information about the accounting and consulting services we can offer in Dubai:
  •  VAT registration for your company - We offer support for company registration for VAT purposes. All documents and formalities can be solved by the VAT consultant in Dubai.
  •  VAT advisory services - Registration for the payment of taxes also involves additional services. Those interested can find correct and complete information about the imposed taxes, solutions, and optimal methods for paying the taxes depending on the transactions, the impact on the company.
  •  VAT return filing service - Companies can benefit from support for completing VAT forms, plus assistance in case of errors in VAT returns. We can also help you if you are eligible for VAT refunds.
  •  VAT training - This service can be customized, depending on the requirements of companies registered in Dubai. In this sense, business owners can receive training for a good understanding of the new tax rules, including VAT.
  •  Expert VAT consultancy - A series of solutions can be offered for those who want to register their company for VAT payment. The financial impact after VAT is important for any company established in the UAE. Our clients can receive specialized help. 

Why invest in Dubai

Dubai is one of the most popular business and financial destinations in the Gulf. The possibilities for development and consistent profit generation are multiple, which is why many foreign entrepreneurs find Dubai as a favorite for their business. Excellent conditions and a highly appreciated business climate and are some of the important assets of Dubai. We would like to add the extremely prolific tourism sector, very well-developed infrastructure, multilingual and experienced workforce, IT and innovation sector, etc. Below you will find some statistical data and information about the economic direction of the UAE:
  1. 100% foreign ownership is allowed to foreign entrepreneurs operating in over 122 economic sectors.
  2. The UAE continues to attract a large number of expats for jobs offered in major cities, including Dubai.
  3. Due to the simplification of business conditions, the UAE ranked 16th out of 190 world economies, according to the 2020 Doing Business report.
  4. Approximately USD 155 billion represented the total FDI for the UAE in 2019.
  5. Most FDIs registered in the UAE are attracted by sectors such as real estate, trade, financial and insurance, manufacturing.

Those interested in the services offered by our VAT consultants in Dubai can contact us for more details. We can offer you the necessary support if you are a foreign investor and want to find out more about the UAE tax system.