Best vat firms in dubai
Posted in Vat Return
May 2, 2018
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6 Tips to choose the best vat firms to filing vat returns in Dubai

For so long, Dubai’s tax system has been the most simple and straightforward. But with help of Best Vat firms in Dubai is the key to reduce over reliance on oil-generated revenue, most UAE countries decided to introduce VAT effective from 1st January 2018 to help get enough resources for infrastructural development. This posed a significant challenge to companies since most of them were not used to the process of VAT return submission in UAE. To stay on the safe side of the VAT law, one needs to get the best VAT firms in Dubai to help with filing the returns. Today, we shall look at what to consider when hiring a VAT firm Dubai.

VAT Return Filing in UAE

 

Reputation
The first thing you need to pay keen attention is the reputation of the VAT firm you are engaging. By reputation, you need to identify its performance among its peers. You need to ask around from some of the companies that the firm has ever worked with to know if it is actually up to the task or not.

Licensed
You also need to find out if the Vat firm is licensed or not. This is critical since getting the services of unlicensed firm is illegal within UAE. Ask the head of the firm you are engaging to provide authorization to practice filing of VAT returns in Dubai.

Professionalism
A good firm that can handle all your VAT needs should be able to conduct its affairs with a lot of professionalism. Accounting is not a child’s play, and therefore anyone who purports to be able to do it needs to be a professional.
Ensure you check the academic qualifications of those assigned to your business. Remember that a simple mistake done by the employees of the VAT firm can cost your company a fortune. This is why you need to insist on getting experts to handle your work.

Experience
While it is true that everyone needs to start from somewhere, it is not advisable to allow a VAT firm to start your business. Insist on getting a firm that has been in the field for long enough as this will mean it has the required experience in handling VAT matters.

Customer support
There are cases in Dubai where even after getting the help of the Best VAT firms in Dubai, one still finds himself on the wrong side. It is for this reason that you need to check on the performance of the firm’s customer support. A company that has a good customer care desk will be able to come and help in the event you are facing issues with VAT law enforcers.

Cost
Why would you spend a fortune on the firm when you are paying the tax as well? Before contacting the services of any VAT firm in Dubai, ensure that you first discuss the cost. Settle on the most appropriate cost that will motivate the workers to do their best while not taking all the resources necessary to develop your company.
In conclusion, you need an expert to help you with the VAT return in Dubai. The best place to get such services is from a duly registered firm.

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