VAT Return Filing in
UAE
VAT return
filing in UAE is mandatory for all taxable businesses. After applying for VAT
registration, the business will get the Tax Registration Number (TRN). The
standard tax period is three months (quarterly).
You will be
required to file VAT returns once every three months as a minimum. However, in
some cases, businesses may be required to file VAT returns monthly. VAT return
filing period will be mentioned on your VAT certificate. All the businesses
which are registered under VAT must complete the VAT return filing within the
time frame given by the Federal Tax Authority (FTA).
“Once
you have registered for VAT in the UAE, you are required to file your VAT
return and make related VAT payments within 28 days from the end of your tax
period.”
VAT Return Filing
Services in UAE
GoTrack Tax Consultancy is offering quality and timely VAT return filing services in UAE on a
monthly and quarterly basis. All the VAT returns must be submitted online using
the FTA e-Services portal. If your business fails to file VAT return on a
timely basis or submit wrong VAT return filing then the business will incur VAT
audit and VAT fines from the FTA. The form which is used to submit the VAT
return is known as VAT201.
Scope of work for
VAT return filing
Our VAT
experts in GoTrack Tax Consultancy can assist and support you by submitting VAT return
filing:
·
Our VAT expert will visit your company on a monthly or
quarterly basis to gather and compile the financial information for filing the
VAT Return.
·
At the end of each VAT return period, GoTrack will
prepare the VAT return as per the rules and regulations of the FTA on behalf of
your company.
·
GoTrack will ensure that the VAT returns are
filed within the specified time in each tax period.
·
GoTrack will ensure that all the financial
operations of your company are VAT compliant and must follow the VAT laws as
per FTA.
·
GoTrack will review and verify the VAT related
transactions to ensure that the correct VAT amount is being charged on sales as
output tax and the VAT charged by the supplier is claimed correctly.
·
GoTrack will provide suggestions and opinions as
per the latest VAT trends and updates to ensure compliance to avoid VAT fines
from FTA.
·
A random review of the books of accounts and document
maintenance to ensure VAT compliance.
·
Our VAT experts will surely be available to represent
your company in case of a VAT audit from the FTA representatives. (if required)
Filing VAT
Return
All the
businesses in UAE must have complete VAT compliance and follow all the rules
and regulations of the FTA such as on-time VAT registration of your company,
creating and using a proper VAT invoice, maintenance of books of accounts
through proper accounting and bookkeeping, and many other compulsory
procedures.
GoTrack Tax Consultancy of Accounts is covering all the subjects related to VAT. We are providing the best VAT services and helping businesses to avoid VAT fines and penalties by guiding them in the right direction. We are providing the best and timely VAT return filing services to many companies across UAE. Let GoTrack will handle all your worries related to VAT. For VAT return filing services, Contact us!
