According to the VAT law, keeping books of accounts is a requirement for every taxable person. Businesses must be aware of all the components and procedures that must be used to accurately account for VAT as well as be in charge of other VAT components like VAT returns and VAT refunds. This is what VAT accounting will force. With VAT Accounting, Al Kashif Tax Consultants will take care of your VAT, accounts, and bookkeeping in accordance with VAT regulations.
Within 28 days of the end of the tax period, VAT Returns must be filed in accordance with the dates and time frames provided on the VAT Application or VAT Certificate. According to the dates listed on the business’s VAT certificate, AL Kashif Tax Consultants offers VAT return filing services in Dubai on a quarterly and monthly basis. On the FTA VAT portal, VAT return filing would be done electronically.
Our success percentage for VAT refund claims is 100%. By conducting an analysis and gathering the necessary paperwork in accordance with Federal Tax Authority (FTA) compliance, we submit a VAT refund application. Our VAT refund services in the UAE can help you get a VAT refund from FTA.
Businesses in the UAE must get ready for formal audits by the Federal Tax Authority (FTA). AL Kashif Tax Consultants has developed a VAT audit through which our VAT specialists will evaluate the VAT procedures and provide recommendations about the dos and don’ts to secure the VAT health of your business. This VAT audit practice can guarantee that a business’s VAT procedures are compliant with FTA’s guidelines, minimizing potential issues during tax preparation.
A voluntary disclosure is a form that the Federal Tax Authority (FTA) provides to enable companies and taxpayers to inform FTA about errors, omissions, and modifications in a tax return or tax refund. A VAT Voluntary Disclosure Form 211 in the UAE aids a taxable person in correcting mistakes they made when submitting a VAT Return or requesting a VAT Refund, ensuring accuracy in tax submissions.
There are some circumstances in which a person or firm must deregister for VAT, such as when the business has stopped producing taxable supplies, is closing down, or its turnover is below the threshold. For you to manage your business easily and effectively without any complications, AL Kashif Tax Consultants will help your firm through the challenging process of VAT De-Registration.
VAT is a complex tax that affects most organizations and businesses. Whether it’s filling out and submitting quarterly VAT reports or thinking through the implications of certain transactions, getting it wrong may be costly. By integrating their industry knowledge with their understanding of your company and activities, our specialists identify risks and opportunity.
Al Kashif Tax Consultants emphasize their experience and expertise in providing tax consultancy services, not only for businesses but also for individuals, families, and various types of organizations. They claim to have in-depth knowledge of UAE tax regulations, ensuring reliable support for tax return compliance.
The consultants offer tax planning services for various financial transactions, including purchases, sales, refinancing, and restructuring of companies, with a focus on understanding and managing tax implications. This supports businesses in making informed decisions and maintaining accurate records for reporting.
We provide professionals, individuals, families, and businesses with tax consultancy services.
Al Kashif Tax Consultants takes pride in having unparalleled experience with all significant UAE taxes and international tax arrangements. Professional organizations, individuals, families, public and private limited companies, and privately owned businesses can all benefit from our tax advisory services. We provide our clients with tailored tax strategies by fusing knowledge with adaptability and a firm grasp of the UAE tax regulations, which are always evolving. To fully comprehend your specific requirements and the tax jurisdiction that is relevant to you, we can work together with you. We are able to serve as your company tax adviser and provide assistance with tax matters ranging from claiming capital allowances to intricate inheritance tax reviews for high-net-worth people.
Al Kashif Tax Consultants is able to provide transaction-based tax planning services for the purchase, sale, refinancing, and restructuring of your company. We can assist you in making informed decisions and understanding the tax ramifications of your transactions, regardless of the size and structure of your organization. We work with every type of UAE tax, including capital gains tax, inheritance tax, value-added tax, corporation tax, stamp duty, and land tax. Additionally, we deal with cross-border taxes for companies and people who work or earn money overseas or who engage in the import and export of goods and services.
Thanks to its devoted team members and custom tax-optimized solutions, Al Kashif Tax Consultants has distinguished itself as a responsible tax consultant among hundreds of UAE tax consultancy organizations.
