عربي

The M O R Tax Consultancy office was established in Dubai under the registration number (1947621), as a provider of corporate value-added tax advisory services, in order to meet the needs of a range of clients from a variety of business sectors in the UAE. It is notably an associate member of the UAE Accountants and Auditors Association (AAA).

Based on Federal Tax Authority instructions, companies and enterprises involved in any business exceeding the minimum required must register with the VAT authority under national VAT law.

Registration with the VAT authority is optional when a business’ turnover is below the authority registration minimum of AED 187,500. Any facility with annual sales of AED 375,000 is required to register with the VAT authority before 1/1/2018. Noting that the potential value of recoverable VAT company purchases must be included in audits performed by the respective company. Companies that are not registered in the VAT authority cannot add VAT tax to their sellable products, nor can any additional tax, which has been added to company income, be requested.

The M O R Tax Consultancy office recognizes the scale of the significant challenges posed by VAT laws that businesses face when performing business transactions. Therefore, we offer a comprehensive range of sophisticated and intelligent solutions that bring together our extensive expertise to help enterprises and businesses deal with VAT in a way that ensures their smooth operation and the fulfillment of their commitments, in a way that allows companies to focus on their business undertakings.

Our expert team, composed of a group of experts and specialists in value-added tax, provides the following services:

Registration with the FTA authorities in your respective state: registration of companies, institutions and entities subject to value-added tax at the pertinent authority, in order to meet the requirements of the registration process and comply with regulations and instructions.

Provide advice and guidance for value added tax in the country: companies and institutions are often not fully aware of VAT legislation and policies that are continually being updated. Our VAT Advisory Panel provides a range of specialized advice, along with business consultancy services that will help you comply with VAT policies, as well as deal with VAT issues, changes and legislation.

Submission of periodic declarations and VAT calculation forms in the UAE: after the registration process, the VAT declaration must be filled in/completed using a form prepared for this purpose and delivered to the relevant department within the legal period, including:

– A review of the company’s purchases of goods and services to verify the validity of VAT totals on the purchase invoices and the date of purchase, and whether they are deductible and refundable or not.

– Calculate the tax due on imported services and fulfil their payment to the relevant authority within the legal time period, as well as following up on claims within the VAT authority during the period following their submission.

Assistance in complying with VAT: our experts meet all your compliance needs with VAT policies on your behalf, putting our theoretical and practical expertise at your disposal.

Training employees on the correct method of dealing with VAT: training employees on the introduction of value-added tax is important as it is a new concept for both residents and employees in the UAE. Employees should learn how to explain the VAT system requirements to customers and suppliers, and know how they affect business transactions. They will also need to keep records efficiently, ensure that goods and services subject to value-added tax are clearly marked, and collect the correct documents, all while doing so in conjunction with set requirements.

Complaint submission assistance in the event of a dispute concerning value added tax: our experts will study and compare the discrepancies found between the reports issued by the Authority, and the documents and information provided by the company, to prove their right to object, including assisting in preparing the complaint in accordance with regulations, as well as continuing to follow up on the complaint and respond to authority inquiries until its conclusion, all while adhering to the requirements of the VAT authority.

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