UAE Vat Refresher
Bens School continuously educating its valued clients and business partners. VAT and VAT Service in Dubai is relatively old subject in UAE now however the basic knowledge and capability is lacking in the market. BensCA VAT refreshers will help business owners to understand VAT basics and how to become compliant.In this part, we highlight following 3 basic factors:
In-house VAT Capability
In-house resources VAT capability and knowledge plays a critical role in making an organization fully compliant with local VAT laws and regulations. Provide VAT training to you staff, equip them with relevant knowledge, tools and material. Some of the VAT Firms is Dubai are providing such training. I would also recommend provide VAT exposure to your sales, marketing and procurement department is also very important.
Reliable ERP or Accounting System
A reliable accounting software or ERP system plays an important role to bring accuracy, minimize risk and exposure. Choose simple, easy to use and light version of accounting software to cater business needs with ease & efficiency. Cloud based software are very handy, reliable & popular for SMEs.
Choose Right VAT Consultant
This might be a little harder than it looks, keep following elements in mind while selecting a right partner:
1. Qualified & Licensed
2. Exp.in tax matters
3. Organized & Accurate
4. Business Partner
Note your in-house knowledgeable staff can play a vital role in accuracy and compliance.
Article About to Choose Best Vat Firm: https://bensauditors.com/blog/6-tips-choose-best-vat-firms-filing-vat-returns-dubai/
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