Our efficient tax experts in the insurance industry will trace the operations and services of the business in categorizing tax liable and non-liable for faultless tax recovery.
The expert tax managers direct every confused entrepreneur on Tax complexities with right and up to date information that can establish FTA compiled business practices.
The experienced professionals accustomed to all UAE and international Tax laws will submit financial reports that follow every FTA regulations
The veteran tax managers will provide services for clear-cut Tax solutions after the meticulous analysis and identification of the tax problems and thus calm down the troubled entrepreneurs to focus on productive ventures.
The tax experts for timely management of VAT filing and Tax protocols will help in producing accurate VAT reports and well-timed submission to avoid any probable fine.
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As per the VAT regulation as applicable to Umm-al-Quwain, the minimum period for which the VAT-related records are to be retained is 5 years.
Yes, subject to the terms and conditions, as specified in the VAT regulation, tourists can claim a refund of VAT expenses within 90 days of purchase of eligible goods or services.
Most of the VAT-related applications and forms are submitted through the online portal of FTA (Federal Tax Authority of UAE) and these can be filled in either Arabic or English.
Yes, voluntary VAT registration is possible if taxable supplies or imports exceed the threshold of AED 187,500 per annum.
Individuals engaged with business in Umm-al-Quwain are expected to follow the VAT registration rules. If their taxable supplies or imports exceed the mandatory registration threshold, they should register for VAT.
Reach out to Umm Al Quwain's most reliable VAT Services
