VAT

Navigating the intricacies of the UAE’s Value Added Tax (VAT) system is essential for businesses aiming to maintain compliance and optimize their tax positions. Since its implementation on January 1, 2018, VAT has become a critical component of the UAE’s tax framework. At Barwal & Associates, we offer specialized VAT consultancy services designed to guide businesses through the complexities of VAT regulations. Our team provides expert assistance in VAT registration, return filing, advisory, and compliance, ensuring that your business adheres to the Federal Tax Authority (FTA) guidelines while maximizing tax efficiency.

VAT Services

VAT Registration Services

Assistance with new VAT registration with the Federal Tax Authority (FTA)
Voluntary and mandatory registration guidance
Group VAT registration setup

VAT Return Filing & Compliance

Preparation and submission of VAT returns on time
Review of input and output VAT calculations
Ensuring accurate reconciliation with accounting records

VAT Advisory Services

Expert advice on VAT applicability across various business transactions
Structuring business operations for VAT efficiency
Guidance on exemptions, zero-rated supplies, and special cases

VAT Accounting & Record Keeping

Setting up VAT-compliant accounting systems
Assistance with bookkeeping and documentation as per FTA requirements
Maintaining proper VAT records for audits

VAT Health Check & Audit Support

Review of VAT filings and processes for compliance gaps
Identifying risks and recommending corrective measures
Support during FTA audits and clarifications

VAT Refund Assistance

Filing VAT refund claims with the FTA
Guidance on input VAT recoverability
Specialized refund claims for exporters, government entities, and specific sectors