Auditing And Vat Consultancy

As per the UAE company law, all the companies operating in the Emirates are required to maintain a record of the account which should undergo yearly auditing by Government approved audit firms. The VAT laws entitle the UAE Federal Tax Authority to inspect a company’s books of accounts and supporting documents at any time. Hence, audit report submission to authority is a mandatory requirement in most of the sectors in the country. Seems confusing?

Do not worry. Our experienced chartered accountants are here to help you with everything related to accounting and taxes in the Emirates. They evaluate and make a report of your financial transactions most feasibly and beneficially possible.

    Our services include but not limited to:

  • Audit & Assurance
  • Accounting & Bookkeeping
  • Internal Audit & Risk Advisory
  • Business Liquidation
  • ICV Consultancy
  • VAT consultancy
  • General info

    Before applying for VAT Registration, organizations are required to prepare the documents mentioned below:

  • Proof of identity of the authorized signatory, such as Passport, Emirates ID, etc.
  • Details of Bank accounts
  • Copy of the company’s trade license
  • Other official documents authorizing the entity/individual to conduct activities within the UAE, like -articles of association, certificate of incorporation, power of attorney, etc.
  • Description of business activities
  • Turnover for the past 12 months in AED
  • Documents supporting the entity’s 12-month sales
  • Expected turnover in the coming 30 days
  • The estimated value of imports for one year from each GCC country
  • The estimated value of exports for one year to each GCC country
  • Anticipated deals with GCC suppliers and/or customers
  • Supporting documents for customs registration in each Emirate, if applicable