UAE VAT Advisory

Our Taxation experts can perform VAT impact assessment and structure your business in the most tax-efficient manner with respect to the utilization/refund of input VAT and in accordance with federal tax authorities (FTA) requirements.

VAT is implemented in UAE with effect from January 01, 2018, an FTA (Federal Tax Authority) have been established for this purpose to manage and control the affairs of all tax-related matters. VAT is likely to affect nearly every business in one way or the other

We are helping you be VAT ready.

Crown Capital have a team of tax specialists who can help your business structure in-house recording and filing processes to ensure that your company does not incur any penalties from improper compliance. We will help you identify the potential financial challenges you might face in the implementation of VAT. We can also assign you a dedicated VAT consultant to update you on the latest developments regarding the legislation.

Evaluate & Plan

What our tax specialists can do ?

• Setting up a project plan and identifying
• Meetings with Management.
• High Level financial impact analysis.
• Reviewing key contracts and pricing
• terms and their impact
• Strategy discussion and development

Design Develop & Train

What our tax specialists can do ?

• Advise on transaction
• Development
• Assist in restricting translations
• Supply chain and other related processes
• Advise and support for requisite changes in the IT systems and applications

VAT Planning & Implementation

What our tax specialists can do ?

• Ensure that proper books and records are being maintained
• Will make sure that proper codes have been generated for VAT inputs
• Ensures that Accounts Team understands the VAT input and out functions that when it should be charged or not to be charged
• Update the VAT Invoice templates as per FTA requirements so all relevant information will be included
• VAT registration has been applied

VAT Training and post implementation support

What our tax specialists can do ?

• VAT training for your staff
• VAT awareness sessions to update their knowledge
• Post implementation support to handle all issues arising
• Complete stage by stage guidance on the project implementation

VAT COMPLIANCE

What our tax specialists can do ?

• Completing VAT returns
• Accounting review for VAT
• Liaising with the tax authorities for VAT related queries and VAT audits

Tax Agent

We are going to be Tax Agent. Upon tax agent, we take full responsibility to cover all the elements and areas of upcoming VAT in UAE to unload your burden and represent your company in front of the Federal Tax Authority (FTA).

What our tax specialists can do ?

• VAT Procedures
• VAT Declaration
• VAT Assessment proceedings & Penalties
• VAT Appeals
• VAT Auditing