Value Added Tax (or VAT) means a tax on supply of goods or services, or both. It’s an indirect tax, occasionally it referred to as a type of general consumption tax.
VAT Training & Advisory:
MPACT is proudly providing VAT Training in Dubai. This specially designed VAT Training program examines the rules and regulations of VAT and clearly demonstrates the procedures and controls that should be in place to ensure VAT returns are submitted accurately and on time. This training will give you a complete understanding of VAT, covering all the essentials topics and giving you the confidence to know if you are dealing with VAT correctly. We will provide your team with ongoing support regarding VAT implementation questions that might arise during the normal operation of your business.
We will register your business with the Federal Tax Authorities (FTA) and to obtain a Taxable Registration Number (TRN) after reviewing all the sales and purchase transactions and eligibility.
VAT Quarterly Returns Filing:
On quarterly basis we will be involved to review all the sales and purchase transactions happen in the quarter and the amounts accounted for Input and Output tax in order to calculate the final amount to be due with respect to VAT, which will also be used for filing of tax return in the FTA.