Parsh accounting and bookkeeping

  Helping and supporting businesses to achieve overall efficiency is one of the main objectives of implementing the Value Added Tax (VAT) in the UAE. An indirect tax levied on the supply of goods and services, VAT also helps the government attain a stable economy and increase its revenues.   VAT consultants in Dubai   across the country work towards enabling businesses to achieve compliance & efficiency through their experienced VAT Services. While many entrepreneurs may feel hiring professional VAT Services could be an expensive affair without any benefit, but it is actually not so. Parsh  Accounting and Bookkeeping is a recognized  Best VAT consultant in Dubai  catering to start-ups and established companies of all sizes across the UAE. Facilitate easy VAT registrations VAT registration in Dubai  is mandatory for businesses if the value of their taxable supplies has exceeded AED 375,000 over the previous 12-month period or is estimated to exceed ...

  VAT in UAE Value-added tax is imposing charges on the transaction of goods and services. Value Added Tax is applied at each stage of the existing supply chain.  The companies collect tax and account for it on the behalf of the government of the Federal Tax Authority. There are three categories under VAT. 5% Value added Tax Zero Rated Supplies Exempt Supplies There are some eligibility criteria to register for VAT in UAE, and they are as follows: If the value of taxable supplies and imports exceeds AED 375,000, the business is required to register for VAT. If taxable supplies are from AED 187500 to AED 375000, then a business can go through for voluntary VAT registration. To know more about the limits or not sure about whether to register for VAT, you can look for the advice of a VAT expert in UAE . Documents to be submitted for VAT Registration Here are the Required VAT Registration Documents in UAE Copy of ...