Corporate Tax in the UAE
The Value Added Tax, or VAT, is a tax on consumption & is collected on business transactions and imports. The basic principle is to charge VAT at each stage in the supply of goods and services (output tax).
We provide VAT Consultancy, Financial Accounting and Income Tax Services to small business owners at a reasonable price & in a timely manner. We provide professional services to clients at a competitive price and will always meet your current needs on time every time.
With YAG Accounting & Tax Consultancy you will have the peace of mind and can be rest assured knowing we can take care of your accounts from start to finish.
Corporations
Self-employed Individuals
Sole Proprietorships
Professional Corporations
Dental & Medical Professionals
Health Care & Pharmacies
Restaurants
Home Builders
Construction & General Contractors
IT Firms
Garages
Newspaper Publishers
We support businesses to deal & comply with VAT laws & legislative obligations, whether that is preparing their book-keeping and VAT returns, advising on complex VAT issues and VAT planning opportunities, or dealing with a VAT audit.
Provide business owners with necessary financial statements they need to run their business, including but to limited to, Income Statement & Balance Sheet
We provide a full set of bookkeeping services. Our team of experienced QuickBooks pro advisors are dedicated & eager to assist you with the management of your finances.
We make sure you stay on top of all the taxes your business might owe. We make the year-end process a breeze by staying current throughout the year.
Our part time CFO & Controller service gives you a professional financial expert who works with you to help guide your business to success.
The Value Added Tax, or VAT, is a tax on consumption & is collected on business transactions and imports. The basic principle is to charge VAT at each stage in the supply of goods and services (output tax).
The Value Added Tax, or VAT, is a tax on consumption & is collected on business transactions and imports. The basic principle is to charge VAT at each stage in the supply of goods and services (output tax).
VAT registered business must record, assess and report its VAT obligations to the tax authority in accordance with the applicable law
As a partially exempt business you’re required to review the VAT you’ve reclaimed over the previous twelve months and make an annual adjustment. What should you be looking out for to ensure you’ve maximized your claim?