AURA Business Services |

Value Added Tax

Aura Vision Advisors specializes in providing VAT registration services tailored to meet the specific needs of businesses in Dubai and across the United Arab Emirates (UAE). VAT registration is a crucial step for companies to comply with tax regulations in the UAE, where Value Added Tax (VAT) is applicable. Here’s why you should choose Aura Vision Advisors for your VAT registration needs:

Mandatory VAT Registration Threshold: In Dubai, businesses are required to register for VAT if their annual turnover exceeds the mandatory registration threshold, which is currently set at AED 375,000 per year. However, this threshold may vary, making it essential to stay updated with the latest regulations through our expert guidance.

VAT Registration Services
VAT Registration
AED 500 *
VAT Filling
AED 300 *
Terms & Conditions Applied*

Voluntary VAT Registration: Even if your business doesn’t meet the mandatory threshold, opting for voluntary VAT registration which is currently set at AED 187,000 per year can be advantageous. Voluntarily registered businesses can reclaim VAT on their expenses, potentially leading to cost savings, particularly for companies dealing with VAT-registered suppliers.

Efficient VAT Registration Process: Our streamlined VAT registration process involves submitting an online application through the Federal Tax Authority (FTA)’s official portal. Our team assists you throughout the application, ensuring accurate completion and submission of all necessary documentation.

Expert VAT Consultant and PRO Services: Many businesses prefer to enlist the support of VAT consultants or professional PRO service providers to navigate the intricacies of the VAT registration process. At Aura Vision Advisors, our consultants are well-versed in UAE’s VAT laws and regulations, providing expert guidance to ensure a smooth registration process.

Ongoing VAT Compliance Support: Beyond registration, we help businesses maintain ongoing VAT compliance, including filing periodic VAT returns and remitting collected VAT to the FTA within specified deadlines. Our proactive approach ensures that your business remains compliant with VAT regulations at all times.

Comprehensive VAT Training and Advisory Services: Aura Vision Advisors goes beyond registration by offering VAT training and advisory services. Our experts help businesses understand their VAT obligations, implement proper accounting procedures, and stay abreast of any changes in VAT regulations, empowering them to comply effectively.

When selecting VAT registration services in Dubai, it’s essential to partner with reputable and experienced consultants like Aura Vision Advisors. Our team guides you through the registration process, addresses any queries related to VAT compliance, and keeps your business updated with the latest VAT regulations, ensuring smooth operations and peace of mind.

VAT FILING SERVICES

VAT filing services in the United Arab Emirates (UAE) encompass the assistance provided by tax consultants or firms to businesses in preparing and submitting their Value Added Tax (VAT) returns to the Federal Tax Authority (FTA).

Here’s an overview of how VAT filing services operate in the UAE:

  1. VAT Returns Preparation: Once registered, businesses are mandated to file periodic VAT returns with the FTA. The frequency of these returns varies based on the business’s turnover, with smaller businesses typically filing quarterly and larger ones filing monthly.
  2. VAT Compliance Review: VAT filing service providers conduct a thorough review of your financial records and transactions to ensure compliance with VAT laws and regulations. They verify the accuracy of input tax credits claimed and ensure the correct VAT amount is collected on sales.
  3. VAT Returns Submission: Following the review, the VAT filing service provider assists in preparing the VAT return form, detailing taxable supplies, input tax, and output tax for the specific period. They then submit the VAT return to the FTA on your behalf.
  4. Payment of VAT Liability: Based on the VAT return, you’re notified of the VAT liability—the amount of VAT owed to the FTA. The VAT filing service provider can aid in making the payment.
  5. Record Keeping: Proper record-keeping is vital for VAT compliance. VAT filing services may offer advice on maintaining accurate records and ensuring all necessary documentation is in order for auditing purposes.
  6. VAT Audits and Disputes: In case of a VAT audit or dispute, VAT filing service providers can represent your business and assist in resolving any issues with the FTA.

At Aura Vision Advisors, we offer VAT filing services in the UAE, with our experts considering the following factors:

  • Experience: We have extensive experience in UAE VAT regulations and filing processes.
  • Reputation: Our reliability and efficiency are backed by positive reviews and testimonials from satisfied clients.
  • Customized Solutions: We tailor our services to meet the unique needs and size of your business.
  • Cost: While we offer competitive fees, we prioritize delivering high-quality service.
  • Compliance Guarantee: We ensure accurate and timely VAT filing to prevent penalties.

It’s crucial to stay updated on VAT regulations and procedures, as they may change over time. Always verify the latest requirements and guidelines on the official website of the Federal Tax Authority or consult with reputable tax professionals like Aura Vision Advisors for the most up-to-date information.