What We Do
VAT fillingSTARTER
popular- Up to 50 transactions per month
- Advisory on eligibility of VAT recoverability
- Quarterly VAT filing
- Monthly review of VAT transactions
- Summary of Input and Output VAT
- Summary of management review notes
GROWING
most popular- Up to 150 transactions per month
- Advisory on eligibility of VAT recoverability
- Quarterly VAT filing
- Monthly review of VAT transactions
- Summary of Input and Output VAT
- Summary of management review notes
PROMINENT
popular- Up to 300 transactions per month
- Advisory on eligibility of VAT recoverability
- Quarterly VAT filing
- Monthly review of VAT transactions
- Summary of Input and Output VAT
- Summary of management review notes with 1 hour online call
Optional Services:
Quaterly 1 hour meeting to discuss VAT filling / VAT recoverability eligibility / other VAT matters relevant to your business = AED 400 per hour
What we do
VAT registration
VAT registration fee = AED 1,000
Work provided:
- Review of Establishment Documents
- Submission of VAT application inclucind Arabic translation of certain fields
- Liaising with Federal Tax Authority (FTA) and regular follow ups
- Resubmission of the application as per FTA requests
Processing time for the application submission – up tp 2 working days from the receipt of the documents.
Processing time by FTA – up to 20 working days from the submission date.
VAT registration fee = AED 1,000
Work provided:
- Review of Establishment Documents
- Submission of VAT application inclucind Arabic translation of certain fields
- Liaising with Federal Tax Authority (FTA) and regular follow ups
- Resubmission of the application as per FTA requests
Processing time for the application submission – up tp 2 working days from the receipt of the documents.
Processing time by FTA – up to 20 working days from the submission date.
- Valid UAE Trade license
- Article of Association and any other establishment documents
- Owners and manager’s valid passport copy
- Owners and manager’s UAE valid resident visa copy and valid Emirates ID (if applicable)
- Contact phone number
- Company’s UAE bank account details in AED currency (Bank name; IBAN; SWIFT; Bank address). The corporate bank account must be operational and opened in the company’s name.
- Additional trade licenses of businesses in the UAE (if any) in which any of the partner is related to for last 5 years
- Turnover from the start of the trade license in AED on a monthly basis
- Expenses from the start of the trade license in AED on a monthly basis
- Projected turnover for next 30 days in AED
- Custom Authority registration details (if applicable)
- Title deeds if the owner owns any properties
- Expected amount of imports and exports and GCC supplies (for trading co only) in AED
- Sample sales invoices signed and stamped
- Sample expense invoices
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