FTA VAT Health Check
We support 100’s of clients with our VAT expertise, best practice ISO 9001 quality processes and systems understanding.
With our insight and experience we provide guidance to ensure your business is operating with improved cost of compliance and knowledge.
If you need best practice advice to reduce costs and risks, we provide a
UAE 360 FTA VAT Health Check service.
Because our aim is to ensure your VAT & Accounting model, processes and IT systems credibly support an FTA Audit.
Our scope is complete, we also look to improve IT automation and workflow improvements in addition to transactional advice. In this way, your business can signficantly improve its compliance and manage the cost of operations.
As a registered UAE FTA Tax Agency with expertise in IT systems and experience supporting UAE clients in many industries, we offer a full solution to your FTA VAT assesment.
*Initial Consultation is FREE
OUR DIFFERENCE
What Sets Our Service Apart
Experienced Advisors
Optimise Automation
Improve Compliance
Reduce Cost of VAT Model
OUR EXECUTION
How We Deliver
VAT Advisory
We identify improvements to VAT model.
Business Workflows
We assess VAT workflows for sales & purchasing, VAT reporting, record keeping and accounting.
IT System
We identify improvements in IT system to improve automation and compliance to the Law.
Want to Improve Cost & Performance?
We’ll provide best practice quality processes, expertise and platforms to run your business more effectively.
“Simply Solved is pretty amazing when it comes to helping us with our VAT filling. We don’t have much information with regarding to the New VAT Law of Dubai but with SimplySolved guiding us, we easily managed our VAT in no time.”
“Simply Solved helped us very well to reduce our VAT issues, they are providing us extremely good and proper service including a platform.”
Feel free to contact us for any clarification.”
“Our transactions are complex and we were unsure how to manage the new VAT rules, with Simply Solved they helped us fully comply to the FTA and submit our report with all the details available for us to understand”
Tools & Resources
Our accounting guides and resources are designed as self-study guides to learn accounting and finance at your own pace provided to you by SimplySolved
Whitepapers
Case Studies
Blogs
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FAQ's
When do you need to register?
You must register if your taxable supplies will exceed AED375,00 in the previous 11 months and next 30 days. Alternatively you can register on voluntary basis if taxable supplies or purchases will exceed AED187,500
What is required to register successfully?
The FTA will require complete and thorough documentation for your business and supplies as evidence to grant a TRN. We normally conduct a detailed review to prepare a submission.
What are the possible penalties?
Failure to register on time incurs AED20,000. You may also incur late filing and interest penalties for late payment of taxed due. Failure to de-register on time incurs a AED10,000 fine
What activities are not subject to VAT?
There are several scenarios that can be considered out of scope. This requires a considered review of your supplies made, transaction and supporting documents. Our team would assess this and provide guidance as a client.
How does VAT affect FreeZones?
Yes. Free Zones are affected by the Executive Regulations. They are subject to special provisions for goods compared to mainland entities.
LET US SIMPLYSOLVE IT FOR YOU
Schedule a Consultation
Whether you have an existing finance, Tax, HR, and IT function operating its own system and process or a small company needing a complete outsource services, we have the flexibility to serve your business.
