Welcome to our VAT Advice Service Page for Small Businesses in Dubai
If you are a small business owner in Dubai, you may have questions about Value Added Tax (VAT) and how it affects your business. Our VAT advice service is designed to help small business owners understand the complexities of VAT and ensure compliance with the tax laws and regulations in Dubai.
Our team of experienced VAT consultants in Dubai can provide you with comprehensive guidance on all aspects of VAT, including registration, invoicing, and filing of returns. We understand that small businesses may have limited resources, which is why we offer cost-effective solutions tailored to your business needs.
Here are some of the key VAT advisory services we offer for the small businesses
Our experts can help you register for VAT in Dubai, ensuring that you meet all the requirements and deadlines.
We can assist you in creating and issuing VAT-compliant invoices, ensuring that you avoid penalties for non-compliance.
VAT Return Filing
Our team can help you prepare and file your VAT returns on time, ensuring that you are compliant with the VAT laws and regulations.
VAT Compliance Check
We can review your business processes and procedures to ensure that you are complying with the VAT laws and regulations in Dubai.
Did you know?
- According to the UAE Federal Tax Authority, all businesses with an annual turnover of AED 375,000 or more are required to register for VAT in Dubai.
- Failure to comply with VAT laws and regulations can result in penalties, fines, and legal action.
- A study by the Dubai Chamber of Commerce and Industry found that 53% of small and medium-sized enterprises (SMEs) in Dubai are aware of VAT, but only 47% have implemented VAT compliance measures.
- Another study by Ernst & Young found that 55% of businesses in the UAE faced challenges in complying with VAT laws and regulations.
- However, complying with VAT laws and regulations can have benefits for small businesses, such as enhancing their credibility and reputation, improving financial management, and providing a competitive advantage.
Don’t get caught out by VAT rules in Dubai. Call us now for guidance tailored to your business.