Press release
REFLECHIR CONSULTANCY OFFERS EXPERT GUIDANCE ON UAE'S VAT RULES
The leading consultancy and accounting firm in the UAE helps businesses navigate the complex VAT system and optimize their tax com
VAT, or Value Added Tax, is a tax on the consumption or use of goods and services, levied at each stage of the supply chain and ultimately borne by the end consumer. VAT was implemented in the UAE on the 1st of January, 2018, at a rate of 5%. Businesses that exceed the minimum 12 monthly turnover of AED 375,000 are required to register for VAT and charge VAT to their customers on taxable supplies. Businesses can also claim VAT refunds in specific circumstances.
Reflechir Consultancy, with its team of qualified and experienced professionals, provides comprehensive VAT services to businesses of all sizes and sectors in
the UAE. These services include:
1.VAT registration and de-registration
2.VAT return filing and payment
3.VAT accounting and record-keeping
4.VAT audit and assessment
5.VAT refund and recovery
6.VAT advisory and training
"The UAE VAT system is not simple or static, and businesses have to keep up and act quickly to deal with their tax responsibilities and issues. Reflechir Consultancy is committed to helping our clients navigate the VAT system and optimize their tax compliance, while also maximizing their tax savings and cash flow," said Faisal Jawad, the Managing Partner of Reflechir.
Reflechir Consultancy is one of the leading consultancy and accounting firms in the UAE, with a reputation for delivering high-quality and cost-effective solutions to its clients. The firm offers a wide range of services, including business advisory, accounting and bookkeeping, audit and assurance, corporate finance, and tax consultancy. Reflechir Consultancy serves clients across various industries, such as retail, hospitality, education, healthcare, manufacturing, and real estate.
By offering expert guidance on UAE's VAT rules, Reflechir Consultancy aims to help its clients achieve their business goals and objectives, while also complying with the tax laws and regulations in the UAE. The firm also strives to keep its clients updated on the latest developments and changes in the VAT system and provide them with the best practices and tips to manage their tax affairs efficiently and effectively.
For more information on Reflechir Consultancy's VAT services, or to request a free consultation, please visit their website at www.reflechirconsultancy.com or contact them at info@reflechir.org or +971 6 5311725.
About Reflechir Consultancy
Reflechir Consultancy is a leading consultancy and accounting firm in the UAE, with a mission to provide innovative and tailored solutions to its clients. The firm has a team of qualified and experienced professionals, who are dedicated to delivering excellence and value to their clients. Reflechir Consultancy offers a wide range of services, including business advisory, accounting and bookkeeping, audit and assurance, corporate finance, and tax consultancy.
Contact: Mr. Faisal Jawad, Managing Partner, Reflechir Consultancy, info@reflechir.org, +971-6-531 1725, www.reflechirconsultancy.com
Office J33, Sharjah Publishing City Freezone, Sharjah, United Arab Emirates
Reflechir is a leading consultancy & Accounting and auditing firm in the UAE that offers innovative strategies and solutions to help businesses thrive in a dynamic market.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release REFLECHIR CONSULTANCY OFFERS EXPERT GUIDANCE ON UAE'S VAT RULES here
News-ID: 3394454 • Views: …
More Releases for VAT
Textile Industry Surge Fueling Vat Dyes Market Growth: A Key Catalyst Accelerati …
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.
VAT Dyes Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The VAT dyes market size has grown rapidly in recent years. It will grow from $1.98 billion in 2024 to $2.22 billion in 2025 at a compound annual growth rate (CAGR) of 11.8%. The…
Understanding Reverse VAT: Why You Need a Reverse VAT Calculator
If you've ever had to work backwards from a total amount to figure out how much VAT was included, you've already come across the concept of reverse VAT - whether you knew it or not. It's a handy method for calculating the net price and VAT amount when all you have is the final total. This process is essential for business owners, freelancers, and anyone trying to stay financially accurate.
The…
VAT Calculator UK - Simplifying VAT Calculations for Businesses and Consumers
Understanding and calculating Value Added Tax (VAT) in the UK has never been easier, thanks to VAT Calculator UK - a free and user-friendly online VAT calculator. This innovative tool allows individuals and businesses to quickly add or remove VAT, calculate VAT-inclusive and exclusive prices, and work out VAT backwards with just a few clicks.
As VAT remains a crucial part of the UK's tax system, having a reliable and accurate…
EU Commission publishes incorrect VAT rates
• So-called "EU VAT Rates Database" incorrect and incomplete
• E-commerce merchants and customers affected throughout Europe as of 1 July
• eClear database VATRules has over 800,000 tax codes
Berlin, 24 June 2021 – The database of VAT rates for the EU-27 published by the EU Commission (Tax-UD department) is partly incomplete and incorrect. This is pointed out by the Berlin-based tax technology specialist eClear AG. “The database has obvious gaps.…
Steinbrück launches EU VAT engine
"This is something European politicians have been trying to do for more than ten years without success," commented Peer Steinbrück on the stage of the online retailer congress "Plentymarkets" in Kassel before he symbolically put the result of several years of development work into operation together with host Jan Griesel and eClear founder Roman Maria Koidl.
What neither the European Commission nor other institutions can currently demonstrate, the Berlin start-up eClear…
VAT Enabled ERP Software - AxolonERP
VAT Complaint ERP in UAE
The end of the fiscal year of 2016-17 brought a novel taxation scheme in the UAE and Saudi Arabia – VAT. The VAT or Value Added Tax changed the way enterprises of all types and scales worked as far as accounting and finance management is concerned. The invoicing; inventory management; investment and asset planning and billings of all kinds experienced changes and the need of the…
