Compliance in the tax means that taxpayers have met their legal obligations under the tax laws and includes ensuring that all tax returns are submitted and tax liabilities paid. VAT is a transaction-based indirect tax which is levied at each step of the supply chain. End consumers generally bear the VAT cost while registered businesses collect and account for the tax, in a way acting as a tax collector on behalf of the Federal Tax Authority. A business must register for VAT if the taxable supplies and imports exceed the mandatory registration threshold of AED 375,000. Furthermore, a business may choose to register for VAT voluntarily where the total value of its taxable supplies and imports (or taxable expenses) is in excess of the voluntary registration threshold of AED 187,500.

In  UAE, taxation has changed in recent years. Our tax advisory services will ensure that your organization remains compliant, however, being aware of the changes to rules and regulations on a basic level will make it easier for your organization to follow the latest guidelines and we will make sure that everything is in line with the law and rules and follow a standard which is defined by the government.

Pioneer Hedge is one of the leading and established firms providing Tax Compliance Services to ensure the seamless operations and profitability of your business.