Our VAT Services at FAI encompass comprehensive support for compliance and strategic planning related to Value-Added Tax (VAT). If your company operates in the UAE, VAT registration is mandatory to collect and remit VAT to the government. Registered businesses must align their reporting structures with government compliance requirements.
Navigating VAT registration and filing in the UAE involves intricacies, and our legal experts offer a range of advisory services to address complexities efficiently and timely. In Dubai, Value-Added Tax is imposed on the consumption or use of goods and services, implemented at a rate of 5% since January 1, 2018.
This taxation framework not only serves as a new source of revenue but also aids in diversifying the government’s income streams away from oil and hydrocarbons, ensuring sustainability for high-quality public services.
FAI is committed to guiding businesses through the nuances of VAT compliance and planning in the dynamic landscape of the UAE.