Tax Agency Services
Our qualified Tax Agents are experienced with the Legislation, Tax agency services and Tax Procedures Law to effectively represent you to the FTA.
We have experience across several industries to apply the legislation to your specific situation and propose optimal advice to manage the FTA tax procedures.
We are a UAE Registered FTA Tax Agency qualified to act on your behalf to
the Federal Tax Authority.
By appointing us, we can represent your business on a variety of Tax matters including:
- For any Tax query or clarification including voluntary disclosure & reconsideration forms.
- Respond to the FTA if Tax Audit or Tax Assessment is needed.
- Arrange/prepare the documents to the FTA during the tax audit or tax assessment.
Because of our expertise and certified FTA Tax agency services across several industries, we are the right representation to managing the FTA tax procedures.
*Initial Consultation is FREE
OUR DIFFERENCE
What Sets Our Service Apart
Qualified Tax Agents
Experience
Professional Representation
OUR EXECUTION
How We Deliver
Consultation
Our Tax Agents will check your issue to build the strength of your case.
Advisory
They will advise you on options available to your case and prepare the needed documentation.
Representation
Once appointed, they will liaise directly with the FTA and provide regular updates to your case.
Want to Improve Cost & Performance?
We’ll provide best practice quality processes, expertise and platforms to run your business more effectively.
TESTIMONIALS
“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
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Economic Substance Regulation UAE Guidance Issued
As of 30th April 2019, The UAE Cabinet introduced economic substance (“ES”) rules. Further guidance (Ministerial Decision No 215 For The Year 2019 On The Issuance Of Directives For The Implementation Provisions For The Cabinet Decision No (31) of 2019 Concerning Economic Substance Requirements) was released on 11 September which provides further elaboration on the requirements for any entity that meets the definition for a relevant activity.
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.
