VAT Services

YAG Accounting & Tax Consultancy is a Registered Tax Agency(Tax Agency Number: 30002125) in accordance with the Federal Law No. (7) of 2017 on Tax Procedures in the UAE which describes the appointment of a Tax Agent, & a Tax Agent’s registration procedure & conditions that must be fulfilled for registering a Tax Agent in the Register.

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.

We provide both expert advice and practical, hands-on assistance, our VAT specialist will work with you to ensure that your VAT returns are prepared efficiently that your obligations, risks and opportunities are identified and managed appropriately.

YAG Accounting is a registered Tax agency with Federal Tax Authority (FTA)in UAE.

Our wide range of VAT related services include:

  • Process VAT Registration or De-registration
  • Prepare & e-file periodic VAT returns
  • VAT Consultancy Services
  • VAT Compliance Review
  • Conduct diagnostic review of all VAT related transactions.
  • Act as Legal Tax Agency or Legal representative on all VAT matters such as audit, dispute & appeal
  • Advise the company’s management on VAT related issues
  • Act as your point of contact on all inquiries with the FTA related to any issue of your business.
  • Ensure compliance with Federal Tax Law, Procedures & Executive Regulation
  • 1. Act as your VAT Agent & Legal Representative

    It will not be always possible for businesses to look after complex issues on tax matters and resolve it with the Federal Tax Authority by itself. It will be necessary for the companies to appoint an expert to handle their tax matters. We are ready to deal with Federal Tax Authority on your behalf.

  • 2. VAT Planning

    Value Added Tax is one of the most complex taxes and requires careful planning to ensure that businesses do not under or overpay. We can work closely with you to guide you throughout this challenging legislation area.

  • 3. VAT Specialist to Guide & Support Your Business

    It is vital for any taxable person to file accounts and timely VAT returns to FTA including reporting on GCC sales and purchases. There is a heavy penalty for failing to comply. We can assist with the initial registration process, the selection of the most appropriate VAT scheme, do your record keeping to ensure that the maximum amount of VAT is recovered & completion of return.

  • 4. VAT help for foreign businesses operating in UAE & GCC:

    We can represent & assist foreign businesses & multinational companies in their VAT implications in UAE or in any other VAT participating countries in the GCC or simply reclaim VAT suffered.

    We can help in VAT registration & act as VAT agent for overseas business wishing to trade or set up a branch in the UAE.

    Our expert team will support you to ensure that your company’s VAT compliance in a smooth and simple process, taking up as little of your valuable time as possible.We work with all types of organizations that have cross-border VAT dealings, large and small. Your business is in safe hands with us.

We Provide Advice on the Following Matters:

  • Land & buildings, including construction and related services
  • The treatment of transfers of businesses as a going concern
  • International services, including the place of supply rules
  • Cross border movement of goods, including distance selling&E-commerce
  • Considerations for charities
  • Partial exemption methods
  • Disputes with FTA, including the penalty and interest regimes