Our VAT compliance service is designed to work with your existing systems and accounts function. Complement your existing Accounts team and systems and comply to legislation. Our service can significantly reduce the costs and risks in your business of you are looking to avoid major inhouse system or resource investments.
Our service is fully transparent. We not only provide you a FTA VAT201 compliant report, we provide the details on our calculations for every invoice. Each invoice is digitally stored, each calculation is checked and shown, each report can be traced to every supporting invoice in three clicks. We believe this is unique to the UAE.
We can support Single or Group registered companies that need the additional support to manage their VAT compliance and reporting challenges
Reduce Cost of Compliance
Upgrading systems and upskilling resources to meet the Executive Regulations can be a significant investment.
Our service can complement your existing function and systems in a significantly faster time and lower operating cost.
Our service will seemlessly work with your existing business processes.
Our reporting is instantly available to you from any device supported by a rich set of features.
Our service can trace to from a VAT201 report to the specific invoice calculations in 3 clicks
Our consultants can create dashboards for your specific reporting needs.
Group, Single & Branch Company Support
Our service can also support complex Group company requirements for consolidated VAT reporting and provide management reporting for each trading entity.
All your transactions, associated VAT calculations and images are stored for ease of understanding. This provides you with a clear and transparent review of your VAT return
As an option if you require supporting accounts such as balance sheet and P&L statements, we can prepare your accounts to comply to the law and manage your accounting.
This is especially beneficial to clients seeking cost effective bookkeeping and cannot justify the workload for a full time accountant.
Compliant Invoicing & Point of Sales
One of the major requirements is to change your sales invoicing to a compliant sales and credit Tax invoice. You can complement our VAT reporting service with a inclusive compliant VAT invoicing module to ensure you are providing your eligible customers the ability to recover their VAT.
For clients with retail operations, we also offer a full functionality Point-of-Sales system that integrates to our service.
Sales and Purchase Transactions
Our service is designed with simplicity of use at the center of our service. If you have an existing system and need an external compliance and reporting service, we can provide a compatible option to avoid investment in your current platform.
- Simply provide you accounts receivable and payable invoices or data.
- We will check and assure they are compliant and accurate so they can be used in the preparation of your VAT return.
Under the Federal Tax Authority rules, businesses must review and treat every transaction accurately and record all supporting documents for future FTA audit.
To ensure your accurate filing, we take the time to review these for accuracy while managing your record keeping
- Our accountants will review and calculate all input and output VAT calculations in accordance with the FTA regulations
- They are checked again for quality as part of our quality control process
Our service is completely transparent; all transactions and invoices are available at any time and all actions are logged to allow you to understand what was done. This will be essential in the event of an FTA audit.
- We support Group and company level reporting compliant to the FTA requirements
- At any time, you can trace the specific transactions from the report with a few clicks and have total control
- You can then submit a complaint submission to the FTA VAT201 format with confidence knowing what, how and why your transactions were treated
The Executive regulations require businesses to maintain a set of accounts. If you require this, we can create your accounts supporting your VAT filing and fully comply to the FTA legislation.
Our service provides a rich, real time view of your financial reporting statements accessible at any time from anywhere.
- Designed to UAE FTA legislation
- Our VAT team will maintain any changes from future FTA VAT legislation
- Fast and minimal impact to your business and accounting set up