UAE Value Added Tax (VAT)
ASSA Advisors is a Tax boutique firm offering range of advisory services to businesses and
specializes in providing tax solutions to clients by combining financial and operational
excellence with deep domain expertise in:
- Dubai Customs transactions reconciliations.
- Review of UAE VAT related company policies to ensure alignment with applicable UAE VAT & Excise Tax laws.
- Review of insurance policies to ensure business is sufficiently covered with possible risk and covering it with insurance risk.
- Business process mapping to ensure it is compliance to UAE VAT & Excise Tax.
Diagnostic Review - Past period VAT returns
- Preliminary assessment of positions adopted at the time of VAT implementation from business, tax and IT perspective.
- Identify gaps in the tax positions adopted vis-à-vis UAE VAT legislation.
- Review of transaction mapping with respect to revenue and expenses listing.
- Recommending filing of clarifications with the FTA, in case of different tax positions adopted by the company.
- Complete assistance in preparation of ‘FAF’ files based on recent developments with regards to readiness for FTA Audit.