UAE is new to taxation. There is some apprehension about the new TAX regime. However, on the backdrop of falling oil prices, it seems the right step ahead for GCC countries to expand revenue resources. In VAT regime business owners/firms share the responsibility of tax collection and accounting.
As UAE is now not a VAT free country, so It’s Important to know about Tax Return and how to file it. Accordingly, business firms in the UAE are all prepared to comply with the new rules. The process for registration, returns and payments have been up and running. Besides another important aspect that needs to be addressed is the Vat and Tax refunds in Dubai.
The business and tax landscapes have changed dramatically, and the pace and complexity of change continue to increase. We can help you navigate this shifting landscape. Business tempering the need for revenue with increased competition for labour and capital. Tax authorities are adapting their enforcement strategies, focus, and policies in response to the changing dynamics of business. Companies are balancing competing priorities, ensuring they maintain compliance while adding value. At Accutax, We can assist you with these critical issues in today’s Tax and Vat consultant in Dubai.