VAT Compliance & Reporting
We deliver on a certified FTA platform for complete VAT compliance including FTA Audit
File support. Our consultants ensure you maximise your compliant refunds
and avoid late submission penalties.
Speak to one of our advisors because we can help you minimise risks and maximise claims.
Our service is delivered with a FTA Compliant IT platform that works with your existing accounting or ERP system.
Our qualified and experienced VAT consultants ensure your returns are accurately determined, submitted
and comply to the current provisions in the UAE legislation.
We thoroughly check each transaction to ensure your return is accurate and could pass an FTA audit.
SimplySolved provides you the extra benefit of systemising your VAT return to generate a
UAE FTA Audit File.
*Initial Consultation is FREE
OUR DIFFERENCE
What Sets Our Service Apart
FTA Compliant Platform
Cost Effective
Document Archiving
VAT Expertise
Minimal impact to your Business
OUR EXECUTION
How We Deliver
Expertise
rained and experienced advisors complete your VAT preparation & filing
Compliant Platform
No need for new systems, we provide a FTA compliant platform with document archiving.
Complete Service
Our platform provides UAE compliant reporting with audit trail to support an FTA audit
Want to Improve Cost & Performance?
We’ll provide best practice quality processes, expertise and platforms to run your business more effectively.
TESTIMONIALS
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
A Guide to Liquidation of Companies
A Guide To Liquidation Of Companies When any businesses can no longer afford to operate, liquidation of companies is a formal process that is done by a registered business to ensure it meets its obligations to shareholders and other stakeholders (e.g. debtors,...
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.