BEST VAT CONSULTANTS IN DUBAI, UAE
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Best VAT Consultants in Dubai, UAE - Financial Cube

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OVERVIEW OF the best VAT Consultancy in Dubai, UAE

Financial cube is the hub of leading VAT consultants in Dubai, UAE. With a robust network and expertise in financial solutions based in the Gulf region. Our partnerships with experienced and a skilled team offers unmatched services in complete Tax integrations, accounting and bookkeeping.

Financial cube a is a professional vat consultants in Dubai with leading organizational skills in high level VAT implementation alongside all essential financial accounting compilations. With the expertise to generate customizable statements in accordance with respective accounting standards. As seasoned VAT experts in Dubai, we have over 250 satisfied clients all over the Emirates with offices in Al Ain, Abu Dhabi, Dubai, and Sharjah.

OUR EXPERTISE 

Key VAT Consultancy Service Areas

Three words encapsulate the essence of what we strive to achieve.

VAT Consultation Overview

A brief note of VAT Consultation in Dubai, UAE

Why do you need VAT registration? The taxation policies in UAE? 

With investment friendly policies and modern infrastructure, Dubai and the UAE has been attracting new enterprises and seasoned entrepreneurs across the globe every year. Coming in with the dreams of enjoying a tax-free regime. One surely hadn’t bothered about filing VAT or hiring a professional VAT consultation service in Dubai until the 1st of Jan 2018, the historic day when Value Added Tax or VAT was added at the rate of 5% in the country for the first time ever for business that grossed the turnover threshold of DH 375,000 annually. This dramatic change has made VAT registration mandatory for businesses to stay legally operational.  

Dubai VAT agent working on vat tax and accounting

More on VAT Consultation in Dubai, UAE

Our VAT Consultation Services

VAT Transaction

Includes custom bookkeeping services.

VAT Returns Filing

For timely vat return submission and any refunds.

VAT Registrations

Involves hassle free process registration and deregistration of VAT with immediate effect.

VAT Audit

Involves annual and periodic audits conducted by experts.

Accounting

Includes skillful auditing by a team of technical experts with prior experience in finance management and chartered accountancy. 

Bookkeeping

Involves digital financial data storage and management organizing all finance and taxation related data in one place.

Advisory on VAT

Includes in-depth tax consultations and authorized VAT registrations as per FTA regulations.

VAT Compliance

Ensuring timely registration and tax liability management services.

Review of Invoices

Ensure complete transparency fulfilling all tax responsibilities.

Client Management

To customize taxation solutions in accordance with client needs.

VAT Liabilities

With timely tax management services and organizational skills we minimize VAT Liabilities.

Risks Identification

Compliance risk & transactional risk will be identified ahead and smoothen the work process.

Why Choose Our VAT Consultancy Services?

Legally Registered & Authorized Tax Agents

Tax agents are the peacemakers between the FTA and the taxable payers in the UAE. Financial Cube is a professional tax advisor team and is a federally authorized practitioner recognized by the Federal Tax Authority. We assist taxpayers to manage with their tax obligations.

Customer Care and Support Team

As trusted financial guides and collaborators. We cater personally to all startups, SMEs and medium scale industry players alongside catering our bigger global clientele. The key to our good customer service is building upon a good client relationship and ensuring trust and confidentiality.

Qualifications & Aunthenticity

The Financial Cube team is professionally qualified as certified Chartered Accountants, management accountants (CMA), Certified Association of Taxation Technicians (ATT) and certified public accountant (CPA).

Client Confidentiality

All client information is kept confidential and remains undisclosed in all circumstances to third parties.

Vat Experts in the UAE

Trained tax professionals with skilled experience in VAT implementation perform detailed transaction analysis highlighting areas warranting clearance or discussion. Skillful VAT planning and compliance. With years of experience and expertise in finance auditing and tax management by a team of skilled professionals proficient in business accountancy.

VAT Consultation Dubai FAQs

They offer tax management and tax planning solutions to every business sector in the country. It’s highly advisable for every successful enterprise to hire a professional tax consultant with the complete responsibility of keeping in a steady business growth and optimize resource management.  

A VAT consultant can save company assets, plan taxes well in advance, get tax refunds, gain VAT benefits and to avoid any penalties. 

Contact Financial cube for hassle free VAT Registration and De-Regidtration process. 

It is about 20 business days from the date of the completed application that is received. Depends upon the registration of the business whether mandatory or voluntary 

List of documents requirements for VAT Registration in Dubai, UAE are-   

  • A copy of the registered Trade License.  
  • Passport copy of the owner/manager owning a trade license.  
  • Emirates ID copy of the owner/manager owning a trade license  
  • Contact Details of the company or office contact number.  
  • Memorandum of Association (MOA) – (not mandatory for individual establishments)  
  •  Contact details. (Mobile Number, Designation, Email Address)  
  • Furnish bank details (company’s bank account – Individual bank accounts may not be accepted) – (With detailed account name, Account Number, IBAN, Bank Name, Branch Name)  
  • Annual turnover declaration for the last one year or 12 months. (signed and stamped by the owner of the company and printed on the letterhead)  
  • Revenue & expense for next 30-days after getting the Tax Registration Number (TRN)  
  • The customs department attached a vide customs letter. 

AED 375,000 per annum. 

(Note- Businesses MUST MANDATORILY have to register if its imports and supplies exceed ADH 375,000 annually. 

Whereas, it’s VOLUNTARY to register for VAT if the annual turnover exceeds over ADH 187,500.) 

While there are many good reasons to hire a professional VAT consultancy firm in Dubai for the purpose of VAT registration in the UAE. Here are some of the immediate benefits and reasons to do so. 

  • Saves time and makes the process hassle-free on the client end  
  • Benefits of tax saving, on time vat return submission and any refunds 
  • Providing accurate tax knowledge and services 
  • Better choices and facilitate decision making  
  • Dealing with tax authorities like the FTA and any other authority towards future inspection. 
  • Reliability and responsibility 
  • Helps the client to focus on other things. 

There are 3 major benefits of being VAT registered in the UAE. 

  1. Encouraging businesses with tax compliance and legalized right to conduct business 
  2. Revenue making with no worries
  3. End to End hassle free business dealings  

Financial cube is a modern and cohesive finance-based network offering state of the art financial and taxation solutions, based in the UAE. A boutique service provider with a skilled team of professional accountants. Backed with years of experience and skilled technical field expertise. Financial cube is your one stop financial and tax solutions service provider in the UAE, offering high level VAT implementation, private consultation and tax agent services for all your business and accounting needs in the UAE region.  

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