Business

Advantages of Hiring Best VAT Services in Dubai

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Helping and supporting businesses to achieve overall efficiency is one of the main objectives of implementing the Value Added Tax (VAT) in the UAE. An indirect tax levied on the supply of goods and services, VAT also helps the government attain a stable economy and increase its revenues. VAT consultants in Dubai across the country work towards enabling businesses to achieve compliance & efficiency through their experienced VAT Services. While many entrepreneurs may feel hiring professional VAT Services could be an expensive affair without any benefit, but it is actually not so.

Parsh Accounting and Bookkeeping is a recognized Best VAT consultant in Dubai catering to start-ups and established companies of all sizes across the UAE.

Facilitate easy VAT registrations

VAT registration in Dubai is mandatory for businesses if the value of their taxable supplies has exceeded AED 375,000 over the previous 12-month period or is estimated to exceed that threshold in the next 30 days. Voluntary VAT registration in Dubai is possible if supplies exceed AED 187,500.

Provide knowledge & expertise

VAT Services providers are forever equipped with the proper information regarding the latest developments in the industry. Moreover, consultants possess sound information regarding VAT laws and thus would be in a better position to provide the right guidance for any enterprise. Thus, a VAT consultant would help entrepreneurs avoid common and all sorts of major and minor mistakes that could invite penalty.

Help save time & efforts

In addition to providing services for VAT registration in Dubai, bookkeeping, auditing, corporate finance, etc., VAT Services providers also assist in timely return filing. Companies will thus find it easy to file their returns as well as make all mandatory payments to manage their indirect taxes, in a timely manner.

Offer best advisory services

Experienced consultants offering the best VAT Services are adept in guiding business owners in predicting the impact VAT has on their businesses, be it negative or positive. Expert consultants have proficiency in adopting a strategy to help minimize the negative effects.

Support decisions on legal & business structure

The Best VAT consultancy in Dubai has professionals and experienced who assess the requirements of a company’s business structure and plan VAT implementation based on the financial strengths & weaknesses of the company. Companies can adopt various structures based on business type & goals. A group of Professional and Experienced VAT consultants in Dubai also help a business adopt the most suitable structure for maximum benefits & enhanced revenue.

As the best VAT Services provider in the UAE, Parsh makes sure of the data confidentiality of its clients and offers timely assistance through qualified chartered accountants with international tax experience. Parsh accounting and bookkeeping offers a range of VAT-related consulting services in Dubai entailing VAT registration, VAT return filing, VAT consultancy, VAT accounting, VAT training, and VAT compliance.

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