Terms and Condition for VAT Compliances

VAT Registration:

  • The advice on VAT registration is provided based on the current VAT legislation and interpretations, applicable as on the day of advice.
  • While every effort shall be taken from our end to get the registration completed, however, the timeline to issue a Tax Registration Certificate is vested with Tax Authority.
  • Our advice for registration on VAT is based on the information and documents made available to us and we will not be held responsible for any incomplete information or documentation.
  • The Tax Authority has the absolute right to ask for any further information/document that they deem necessary to allow the tax registration.
  • The fees quoted are professional fees for lodging application with the Federal Tax Authority for a request for allotment of the Tax registration certificate.
  • The fees do not include any cost related to the translation of the documents into English languages from any language unless explicitly agreed.
  • The fees do not include any cost related to any government or non-governmental attestation charges, cost related to making documents available for VAT registration with Tax Authority.
  • The fees are net of bank charges or other charges that may be incurred while remitting our fees.
  • The above-mentioned fees are excluding VAT or any other tax such as withholding tax, cess or levy as may be applicable. Fees once paid, shall be treated as non-refundable fees.
  • Any penalties charged by the tax authority for delay in VAT registration shall be the resonsiblity of the online seller.
  • We require a minimum time frame for reisgration process shall be 3-4 weeks.

Return filing

  • Assistance in preparing the VAT Return as per the regulations issued by the Federal Tax Authorities in the prescribed format.
  • Assistance and advice on filing the VAT Return with Federal Tax Authority. This would primarily be a formal submission from the Entity at the prescribed portal issued by the Tax Authority.
  • Assistance in the filing of refund claims under the VAT Law, if applicable.
  • The taxable person shall provide information required for VAT return filing in the prescribed format. We shall not be held liable for any inaccuracy or incompleteness of such data shared.
  • Information requires shall be described or explained to each taxable person in their language (applicable for Chinese seller).
  • We shall not be responsible for arranging payment for tax on behalf of the taxable person. However, we can assist in making the payment of tax to the government. Such tax amount needs to be paid 2 days in advance before the due date. Such tax amount should be deposited to a notified bank account in order for us to assist in making the payment to the government. The amount to be remitted are net of bank charges or other charges that may be incurred while remitting tax amount.
  • Any delay in making the payment, which is not due to HLB HAMT fault/delay, HLB HAMT shall not be held responsible.
  • The responsibility of maintaining proper books of accounts and the audit trail records as per the guidelines issued by the Federal Tax Authorities would be at the responsibility of the taxable person.
  • The fees quoted are professional fees for reviewing and lodging VAT return with the Tax Authority.
  • The fees do not include any cost related to the translation of the documents into English languages from any language unless explicitly agreed.
  • The fees are net of bank charges or other charges that may be incurred while remitting our fees.
  • The fees do not include any cost related to any government or non-governmental attestation charges, cost related to making documents available for VAT registration with Tax Authority.
  • The above-mentioned fees are excluding VAT or any other tax such as withholding tax, cess or levy as may be applicable. Fees once paid, shall be treated as non-refundable fees.
  • Any penalties charged by the tax authority for delay in filing the VAT return or payment of tax due to delay from online seller side shall be the resonsiblity of the online seller.
  • The fees does not includes charges for Tax Agent or Tax Representative. The Tax Representative fees (excuding VAT and bank charges) for KSA is as under:
    • USD1,000 as service fee + 50% of annual VAT amount as deposit (deposit refundable)
  • We shall require atleast 3-5 woking days to file the tax return from the date of receipt of complete information for return filing.
  • The Fees would not include advisory work on specific scenarios arising under the VAT Law which arise due to change in Law or change in facts of the case or interpretative positions [example, Levy of VAT on Software supplies, is it goods or services? And related valuation issues.
  • The Fees would not include Audits/Assessments/Representation before VAT Authorities

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