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FAQs

Frequently Asked Questions

If you have any questions that are not covered here, please do not hesitate to contact us directly. Our team is always ready to assist you with any inquiries you may have.

  1. Value Added Tax (VAT) is an indirect tax.
  2. VAT is a consumption tax levied on the sale of goods and services
  3. In Dubai, the standard VAT rate is 5%.
  4. It affects your business by requiring you to charge VAT on your sales, file periodic VAT returns, and ensure compliance with VAT regulations.
  • Our accounting services ensure that your financial records are accurate and up-to-date.
  • Helps in effective financial planning and decision-making.
  • Ensure compliance with local regulations, thereby avoiding potential fines and penalties.

For an audit, you will need to provide financial statements, accounting records, bank statements, invoices, receipts, and any other relevant financial documents.

Our team will guide you through the specific requirements during the initial consultation.

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