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Need for VAT Analysis

Any businessman or serviceman needs to file the income tax returns to the government. If we specifically talk about the UAE, all businesses operating in the UAE providing goods or services falling in the taxable categories with a yearly revenue exceeding AED 375,000 are required to register for VAT.  For a Company Vat Registration, it is mandatory that a company should exceed the upper limit of the tax slab, and if the revenue of a company is amid AED 187,500 to AED, 375,000, the registration is optional and voluntary. If a Vat Registration for New Business is sought after, it should fill the form and produce all the necessary documents and wait for the clearance from the concerned authorities.

Why Choose Us?

We, at Authentic Accounting and Bookkeeping LLC, provide VAT analysis of your company. The analysis explains in detail, the indication of VAT on your business. With the analysis, one gains thorough knowledge regarding how an entrepreneur should plan to operate in order to comply with the new jurisdictions. This has a major influence on regular accounting and bookkeeping practices. It also plays a vital role in the growth and reshaping of the business.