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VAT Services

VAT is not a complex subject it just needs extra caution as it is an obligation that one must have to pay if applicable.

VAT compliance

VAT compliance includes charging VAT, issuing tax invoices, filing VAT returns, paying VAT due to VAT authority i.e. FTA. VAT compliance is of utmost importance because failure to adhere to these rules can lead to various problems for your business. To ensure that you are doing all that it takes for VAT compliance, it is best to hire a professional. Through ARD accounting, the burden of VAT compliance can be lifted off your shoulders as we will see to it all from start to finish.

  • VAT invoices compliance 100% 100%
  • VAT records compliance 100% 100%
  • VAT returns compliance 100% 100%

 VAT services

VAT implementation

VAT was introduced in the UAE on 1 January 2018 with a standard rate of 5%. Businesses must understand the new tax system and comply with the same unfailingly. Since the entire VAT was new and complex for a range of businesses, VAT implementation and compliance services are often required by numerous businesses.

VAT registration & de-registration

For mandatory VAT registration taxable supplies and imports must exceed 375,000/- AED and voluntary registration is optional if taxable supplies and imports exceed 187,500/- AED. If your business falls below threshold or business ceases to exist de registration is a must.

VAT return filing

VAT registered business must submit the VAT returns in the UAE with a prescribed format given by the Federal Tax Authority (FTA) quarterly through an online portal within 28 days from the end of each quarter. It is important to file VAT return to pay your VAT liability and claim any refundable.

What We Offer

Taxation is a complex process for a common business man and needs careful considerations as it involves law and its continuous updates.

We have vast experience in relation to VAT different aspects as we have been in this industry since its inception and we have required expertise after solving many VAT related issues in real time.

VAT registration

VAT returns

VAT penalty reduction

VAT accounting

How do we do it?

The process of filing VAT returns begins with the customer sending scanned documents. ARD team will then enter the data into the tax software. Auditing of VAT returns, then takes place, to ensure that the information received is correctly entered and accounted for. In the next stage, the VAT returns are transmitted to the customer for review. When the customer reviews and finalizes the VAT returns, the ARD team would update the client FTA online portal, submit the VAT return and pay the VAT thereof if any.

Scanned documents

Data entry into software

Auditing of VAT returns

Review of VAT returns

Submitting VAT returns

Pay VAT

Frequently Asked Question

We do not fall under VAT registration threshold de we have to keep updated record?
Every business should maintain their financial records in any event, in case FTA needs to establish whether business should be registered.
Why do we hire you when we can do it ourselves?
In house staff can file and maintain record. It is not a legal obligation. But as our understanding businesses should keeping in contact with VAT professional firms and at least get review reports for your work that would be beneficial as FTA issues continuous updates and missing one or some of them would cause hefty fines and problems for the business.
Do you file reconsideration form?
We file on request of client reconsideration form. It should be filed in Arabic and within 20 days of the said decision. So, if clients inform us within time range then it’s possible. But keep in mind reconsideration form is different than the voluntary disclosure submission.

Testimonials

Ahmed Alsuwaidi General Trading LLC

We went to ARD accounting for our VAT group registration as we tried ourselves and got rejected by authorities due to some missing requirements. They handled our case very diligently and we got approved to file returns as a group. We are hiring them as our advisor.

Zhuli zhang building material LLC

We are very happy with the services provided by ARD accounting . we originally hired them for penalty reduction and now we have long term relationship with them for our VAT compliance function.

RUBOUNTEK TECHNOLOGY llc

We appreciate the support provided by ARD accounting for our timely filing of VAT returns and they keep us informed and updated throughout the year.