Transactional, self-assessment VAT is levied. It is the taxpayer’s duty to make sure that the many requirements set forth in the laws and regulations are met and that VAT is appropriately recorded, gathered, and submitted to the Federal Tax Authority. It is challenging to manage the burdensome responsibilities put on taxpayers by this high-risk transaction-based tax. The tax, operational, and technological world in which we operate is continuously changing, increasing the risks associated with taxpayers.

With our VAT Compliance Review, GST Corporate Services seeks to identify discrepancies between your company’s VAT policies and the proper procedures in accordance with UAE VAT Laws. Since a VAT Compliance Review will get your company ready for a VAT Audit, it’s more of a need than a choice. It is usually preferable to have a third-party consultant perform the VAT Compliance Review in your company in order to avoid the possibility of non-compliance with VAT.

You may better understand the reasons behind non-compliance and take appropriate action going forward with the aid of our VAT Compliance Review. It will guarantee the accuracy of taxes remitted and assist you in determining which areas need to be corrected. We assist businesses in fulfilling their tax compliance responsibilities, cutting expenses, reducing risks, and avoiding needless fines.

GST Corporate Services offers a wide range of outsourcing and compliance review services to help businesses navigate the constantly changing regulatory environment. After identifying the gaps in the compliance system, our VAT Compliance team examines the client’s compliance framework and all VAT reports. Our experts then assist clients in making the necessary corrections. Our skilled staff will also make sure the company doesn’t cause any VAT problems for the client or other companies, which could harm the company’s reputation and business ties.