VAT Implementation Services in UAE

Value Added Tax (VAT) was introduced across the UAE on January 1st, 2018 at a standard rate of 5%. VAT is an indirect tax. VAT is imposed on most supplies of goods and services that are bought and sold. So, companies must take measures to implement VAT in their operations.

Falak Business Consultants (FBC) offers help with VAT implementation for businesses around the UAE and in all the Emirates. All businesses in the UAE need to record their financial transactions and ensure that their financial records are accurate and up-to-date. Businesses that meet the minimum annual turnover requirement are required to register for VAT. Here is the VAT implementation procedure:

A business must register for VAT if its taxable supplies and imports exceed the mandatory registration threshold. A VAT specialist will visit your office to understand your business model and develop a VAT implementation strategy suitable for the UAE VAT regulations for your business.

FBC offers professional VAT implementation service with VAT training service to all departments associated with VAT on VAT regulations and how it complies with the UAE VAT law. For any VAT-related issues, FBC is also an FTA-certified VAT consonant in the UAE.