VAT Consultancy Services
From the 1st of January 2018, Value Added Tax (VAT) has come into effect in the UAE. If, as a business, you have not yet planned for VAT, it is imperative that you should plan for the impact of VAT over your business right now.
Wherever your business operates in the UAE, VAT is bound to impact your company inevitably. Are you searching for the right VAT Consultants in the UAE, that helps you in obtaining VAT compliance? HLB HAMT has been offering VAT consultancy services in UAE, across diverse sectors.
Using the wide range of network of firms that HLB International has, HLB HAMT has been able to access specialized services from global member firms in traditionally taxed economies like Europe and India who are working with HLB HAMT’s tax team to address the challenges that UAE companies face in getting themselves ready for VAT. At HLB HAMT, we can help you plan for your VAT research and get ready for VAT compliance in the UAE.
Our Exclusive VAT Team Eases Your Business
Like any new legislation, there are always challenges that businesses face while readying themselves for VAT. We have an exclusive team of trained Tax consultants in the UAE. Ably supported by our international team, the HLB HAMT team will assist you to steer your business smoothly through the new tax laws.
Our special VAT consulting services in UAE involves:
- Providing an understanding of the Tax Laws and Executive Regulations to client companies.
- Understanding your business model and evaluation of VAT impact on your business.
- Providing inputs for using VAT compliant software for your company.
- Exclusive VAT bookkeeping assistance.
- Providing training to your staff on VAT.
- Support for VAT registration for your company as individuals or as tax groups.
- Helping you to prepare and execute all VAT related communication to your trade partners.
- Providing strategic inputs for conducting your business in the post-VAT age, addressing aspects like pricing, working capital, marketing & communication etc.
HLB HAMT’s VAT consultancy in the UAE assists you to obtain substantial knowledge in VAT and our consultants assure that your business process is totally prepared and skilled for the transition. Over and above the scope of services mentioned above, our VAT consultancy reports would include the following:
Analysis of the influence of VAT on costing, profitability and working capital. This evaluation provides and improved high level understanding to the management regarding the overall VAT impact on the business. Our VAT Implementation programs are backed up by training programs which are done in different modes – online trainings and webinars as well as personalized individual training or department level training on client requirements.
We also provide a general VAT sensitization training to key employees across various departments of the company that are impacted by VAT. This would involve engagement of other functions such as sales, marketing, sales coordination, administration etc. and at times the senior management of the company as well.
At the end of our consultancy, we provide you with a VAT Impact Study report comprising key recommendations, Transaction analysis as well as other aspects that will enable you to implement VAT successfully.
Specialized tax desk @HLB HAMT
Latest insights, case studies and news from across the network
Regulation of the submission of reports by multi-national companies in UAE
The United Arab Emirates (UAE) has introduced Country-by-Country (CbC) Reporting (CbCR) requirements, that will be applicable to businesses that have a legal entity
Leading Industries in the UAE
The UAE has the most diversified economy in the GCC. The country was reliant on oil and gas for centuries; but of late the government has started giving equal prominence...
Economic Substance Regulations in UAE
The UAE Cabinet recently issued the Cabinet of Ministers Resolution No.31 of 2019, that requires all in-scope UAE entities to maintain an economic substance.