The adroit professionals with knowledge in every tax act of UAE and also well acquainted with all the international tax rules and regulations will deliver the best tax compliance reports.
Our tax examiners strive after in clarifying all the tax problems through a meticulous review of the tax reports and tax compliances in meeting client's dilemmas on Tax payable.
Our steadfast tax managers are always ready to assist with all tax-related queries and will come up with clear-cut tax compliance practices after the explicit analysis of the inquiry requirement.
Our well-trained team with thorough knowledge in Reverse Charge Mechanism will be a helping hand for exporters and importers in guiding the procedures to claim RCM in VAT, and ready to address any query on VAT. Our certified experts make it easy for free zone companies to follow a tax compliance accounting system.
Tax treatment for a transaction in Abu Dhabi can be categorized as standard rate, zero rate, out of scope or exempt, where Standard VAT rate is 5%.
Reverse charge is applied when importing goods or services, the recipient has to account for the output VAT payable equivalent to the VAT amount that would have paid on that same supply if it was availed locally from UAE itself and the recipient can claim the input VAT recovery as well, if eligible.
VAT is applicable at a standard rate of 5% on import of goods in Abu Dhabi, with exception given to few goods such as precious metals.
Frequency for filing VAT return in Abu Dhabi is either quarterly or monthly based on the mandate received by each entity on registration with FTA.
There has been no mandatory requirement so far for tax audits in Abu Dhabi. However, FTA can conduct a tax audit of any entity at their discretion, which urges all the companies to be prepared all the time.
Reach out to Abu Dhabi's most reliable VAT Consultancy Services