Suite 1605, Churchill Executive Tower, Business Bay Dubai – UAE
Expert VAT Services in the UAE
What is VAT?
Value Added Tax (VAT) was introduced in the UAE on January 1, 2018, at a standard rate of 5%. It is an indirect tax that is applied to the majority of goods and services purchased and consumed within the UAE. There’s 2 Types of VAT Registration, the (Mandatory Registration) and the (Voluntary Registration). Businesses that meet the annual turnover threshold are required to register for VAT.
Reach out to our VAT Services Consultants at HBCS and focus on growing your business while we handle all your paperwork and numbers. Contact us now for a FREE Consultation!
Why Your Business Needs VAT Consultants in Dubai ?
Stay Updated with Dubai’s VAT Laws
Dubai’s VAT laws are constantly evolving, making it difficult for your business to handle. Our expert VAT consultants in HBCS ensure that your company stays updated with the latest laws, minimizing risks and avoiding penalties.
Seamless VAT Registration
If your business generates an annual turnover exceeding AED 375,000, VAT registration is mandatory in the UAE. Our VAT registration consultants handle the entire process, ensuring compliance with Federal Tax Authority (FTA) laws.
VAT Return Filing to Avoid Penalties
When it comes to filing VAT returns in Dubai, this requires efficiency and timely submission.
Businesses must file VAT returns within 28 days after the tax period ends to avoid penalties. At HBCS, Our VAT consultants will manage the entire VAT filing process, ensuring full alignment with the UAE tax laws.
VAT Audit Support & Representation
The FTA audit process is challenging for most businesses, considering that it requires proper documentation and compliance strategies. Our VAT consultants at HBCS provide expert audit support, guiding your business to meet all regulatory requirements and minimizing potential financial and legal risks.
Optimizing Tax Efficiency & Cost Reduction
While you can focus on growing your business, our VAT Consultants will support you with the strategic VAT planning to help your business reduce tax duties, improve cash flow and minimize VAT burdens. This way your business can achieve financial efficiency and ensure continued profits.
24/7 Customer Support for VAT-Related Queries
Our team is here to support you no matter what your inquiry is. Whether it’s VAT registration, filing, or audit preparation, we provide you real-time solutions to keep your business following the right direction.
At HBCS, we provide all your business needs in one place, providing a comprehensive VAT consultancy services tailored to businesses of all sizes in Dubai.
Focus on growing your business while our expert VAT Consultants handle all VAT registration services for you.
Contact us today for professional VAT guidance and support!
Comprehensive VAT Services in Dubai, UAE.
Our Services:
1/ VAT Registration:
What is VAT Registration?
VAT registration is a legal requirement for businesses operating in the UAE. Any company with an annual taxable turnover of AED 375,000 or more must register for VAT with the Federal Tax Authority (FTA). Voluntary registration is also available for businesses earning above AED 187,500.
How Does VAT Registration Work?
Our VAT consultants handle the entire registration process, ensuring 100% alignment with UAE tax laws.
We assist with:
- Preparing and submitting VAT applications
- Obtaining your VAT registration number (TRN)
- Advising on VAT compliance and documentation requirements
2/ VAT Return Filing:
Every VAT-registered business must file VAT returns within 28 days of the end of the tax period. According to that, late VAT filings lead to penalties, with increased fines for repeated delays. Our VAT filing services ensure:
- Accurate VAT calculations and reporting
- Timely submission to the Federal Tax Authority (FTA)
- Prevention of late filings, which lead to penalties.
3/ VAT Accounting Services:
Accurate VAT Records = Peace of Mind
VAT accounting is essential for businesses in the UAE to ensure alignment with Federal Tax Authority (FTA) regulations and laws.
Why is VAT Accounting Important?
Your VAT registered business must maintain detailed financial records to align with UAE tax laws.
Proper VAT accounting helps in accurate VAT calculation, tax reporting to the FTA, and protects your business from VAT penalties.
Why Choose HBCS for VAT Accounting in UAE?
At HBCS, we provide all VAT accounting solutions for businesses across all industries.
- Our experienced team makes sure to stay updated with UAE tax laws to help you get the most reliable service in the UAE.
- We ensure smooth VAT filings and accurate documentation to prevent any fines or penalties.
- Each business is different from the other, so we make sure to customize accounting solutions and VAT services to fit your business needs.
4/ VAT Deregistration Services:
Why Do Businesses Need VAT Deregistration?
A business in the UAE may be required to deregister from VAT under specific conditions:
The annual taxable turnover falls below AED 187,500 (mandatory deregistration).
The company stopped making taxable supplies.
The business undergoes structural changes.
Voluntary deregistration if annual turnover drops below AED 375,000.
Our VAT consultants manage the entire deregistration process, ensuring that all tax liabilities are settled before closure.
Let us handle your entire VAT Registration process while you focus on growing your business! Contact us today for a FREE Consultation.
Why HBCS is Your Best Choice for VAT Services?
At HBCS, we don’t only provide VAT Services, we make the process easy, accurate, and 100% compliant.
- Full VAT Services Guide
You don’t have to worry over Federal Tax Authority (FTA) regulations. We ensure your VAT filings, returns, and deregistration meet all legal requirements, avoiding penalties and costly mistakes. - Focus on Growth & let us handle the rest!
VAT Registration process requires time and effort, but with our experts handling it all, you can focus on running your business, not on paperwork and calculations.
- Save your money!
We don’t just offer VAT Services, we help you optimize cash flow, reclaim VAT refunds, and prevent unnecessary VAT fines, ensuring you save money where it counts. - One-stop shop for All Your Financial Needs
Whether it’s VAT Services, corporate tax, bookkeeping or full financial consultancy, we’re here to support you. There’s no need to deal with multiple service providers. We handle everything under one roof! - Trusted by Businesses Across the UAE
Whether large enterprises or small businesses, companies choose HBCS because we deliver results, not just promises.
Make the Right Choice Today!
Avoid penalties, save time, and get VAT Registration done right with HBCS. Contact us now and let’s handle the hard work for you.
Faq
Frequently Asked Questions
Q1: What if a company exceeds the deadline for VAT Registration?
Late submission in the FTA timeline is fined AED 10,000. Non-compliance by businesses to VAT charges, tax return, and VAT record-keeping is also fined, and these may also invite additional legal action.
Q2: What are the penalties for late VAT return submission?
- AED 1,000 for the first offense
- AED 2,000 for subsequent offenses within 24 months
Q3: How do I file VAT returns?
VAT returns must be filed online through the FTA portal on a quarterly or monthly basis, depending on your business size and VAT registration status.
Q4: How can I get my Tax Registration Number (TRN)?
Visit the Federal Tax Authority Website (FTA) and create an e-service account, prepare all the required documents and fill out the VAT Registration Form. Once the form is approved, you’ll get your Tax Registration Number (TRN).
Q5: If my business exceeded the threshold accidently, will I be fined for the late submission?
Yes, if your business turnover is gradually increasing, register for VAT before it exceeds the threshold. If you fail to register on time the fine will still apply.
