Call: +971 2 6650 818
Email: info@alameenaccounting.ae
Al Ameen is a Value added Tax (VAT) consultancy firm in the UAE that can help your business in getting ready for VAT implementation. Our firm will ensure that your company does not incur any penalties from improper compliance with the recent UAE tax law.
We will help you analyze the potential financial challenges you might face in the implementation of VAT through:
Owners should register their businesses with the tax authorities to get a tax registration number (TRN). This will avoid the owner’s civil and criminal penalties. With (TRN) businesses will be ready for further steps.
Businesses will incur VAT on their purchases and they will collect VAT on their sales. So the total amount that should be remitted to the government is the amount of VAT charged on total supplies less the amount of VAT incurred on their purchases. This remittance of VAT will have an implication on the business cash flow.
Expedite owners and employee’s awareness and ability to comply with the new U.A.E VAT Tax requirements. Our training is developed to provide comprehensive knowledge of the VAT law.
We test the capabilities of the existing IT systems and recommend enhancements if required. The company systems should be able to generate all necessary information on a line by line detailed transaction as the tax authorities require. The accuracy of the information is the responsibility of the management who should identify the correct timing of the taxing point.
The client will receive practical advice on business issues tailored to meet their objectives from experienced accountants and business advisors.
The firm provides fully outsourced accounting services to entities with limited resources that wish to focus management efforts on growing their business.
The firm also provides the following services: