Accounting Firms in Dubai

Value Added Tax is a form of tax on consumer spending and it is applied to most of the services and goods. While any customer purchases any product and avail any service a tax gets added with the same and it is charged majorly on the domestic consumption of services and goods expect for that are zero rated. For example, food, medicines etc., which are classified as ‘exempted’ vividly on exports.  The quantity of VAT the customer pays is on the rate of the good or services, less the tax that has already been funded at the time of production cycle. This form of taxation helps to ensure that any company cannot be able to apply twofold taxation on same product or services. Let’s have a look to some interesting benefits of VAT in UAE . The major benefit of VAT is the diversification of economy. It helped the government to reduce its dependence on just a solitary sector of oil and gas. Tax reform was top precedence in UAE submit to the fall in oil prices and incomes. This fall in o

Are you facing business issues related to Value Added Taxes? Is your Dubai based business lacking Value Added Taxes registration? Are you facing trouble to complete VAT filling? Then it is very much urgent to hire a consultancy which can handle all these financial necessities of your company.  But while you are planning to choose any well-known consultancy in Dubai, you have to consider few major factors. Here some prime points are elaborated, which are crucial factors that you need to go through before hiring a company. Ideas about the VAT Law: While you are planning to hire a consultancy, you should check whether the company keeps updated about the recent trends and laws regarding Value Added Taxes or not. This is one of the major factors that every single company should have. Skilled & efficient VAT consultants in Dubai should help you out from any kind of trouble. So, the company you want to hire for getting financial & e-governance services should have efficient emp

Any earning Non-Resident Indian should also be a PAN card holder so that the person can carry on any type of monetary transaction exceeding the specified limit. In UAE, the application of PAN card for any NRI begins with filling up the firm provided on the internet thereby offering all the necessary information with precision.  Once you fill up and submit the form, the form is printed out. It is vital that you should attach all the necessary documents such as the copy of Passport, address proof, identification proof, and attested copy of the bank statement and so on. Any utility bill attested by the Indian consulate with the application form is also provided. Thinking it hard to manage these things related to PAN card? The top audit firms in Dubai allows you get hold of a new PAN card or even re-issue a duplicate card if it is lost. Want fast correction of PAN? Starting from rectifying the name, contact number, photograph, email to other personal details they complete them all i