Tax Audit Services
Accounting firm Dubai| Bookkeeping Services in Dubai, UAE | Abu Dhabi – UAE
At the end of each tax period, VAT-registered businesses or the ‘taxable people’ must submit a ‘VAT return’ to Federal Tax Authority (FTA). A VAT return summarizes the value of the supplies and purchases a taxable person has made during the tax period and shows the taxable person’s VAT liability. Any company registered under VAT Law shall maintain its book of records for a minimum period of 5 years.
With the presence of a dynamic regulatory environment, businesses must conform to various taxation laws and it can be challenging to keep up to date. Tax law consists of several technicalities and jargon that are perplexing to an unprofessional. A practicing tax advisor would infer all your deductions and tax claims that were missed out and help you save thousands of dirhams.
In taxation, the process in which the tax collection agency reviews the reports of an individual or company to see if income, deductions, and/or credits reported accurately reflect reality. This is done to ensure that each company pays its full tax liability. It is critical to optimize one’s tax affairs in order to enrich the company’s value in advance in order to face the complex issues and challenges that may arise in the future. Our proactive tax team is focused on helping our clients to maximize their company’s value.
We can help you in the following ways
- Audit of tax provisions and control applied
- Compilation of all your tax-related documents
- Perform all your tax charge computation (No worries about complex rates and calculations)
- Observe, assess and improve your tax controls.
Why you should choose Alamtar
Risk Reduction
Reduce risk and improve your organizational performance by challenging existing assumptions and practices
Increase Efficiency
It will also highlight control weaknesses and let the business owner know if risk management processes are operating effectively thus increasing the efficiency of your business.
Development of Strategy
Use the understanding and insight gained from the audit as a basis for helping you develop strategies to drive your business forward.
Value Addition
Add value to your business by using the audit as a basis to identify and resolve your Tax audit problems.