Tax Audit
A tax audit is an evaluation conducted by the government to determine a company's
compliance as a taxable entity. The
primary objective of such an audit, conducted by the FTA, is to ensure that all tax liabilities are
settled within the
specified timeframe and that all taxes due are remitted to the government. Additionally, the
government also assesses
whether a company adheres to the various responsibilities stipulated by tax laws, such as the VAT
Law and Excise Tax
Law, that apply to their business operations
Our Tax Audit Process:
-
Initial Consultation & Review:
We start with an in-depth consultation to understand
your business structure, tax
filings, and any areas of concern.
-
Document Examination:
Our team examines your financial records, tax returns, and
related documents to ensure they comply
with tax laws and regulations.
-
Risk Assessment:
We identify potential areas of non-compliance, overpayment, or
underpayment, offering solutions to
correct discrepancies.
-
Reporting & Recommendations:
We provide a detailed report of our findings, along
with actionable recommendations to
enhance compliance and improve tax efficiency.
-
Ongoing Support:
We continue to offer support post-audit, helping you implement our
recommendations and remain compliant
in future tax filings
