WHY HIRING TAX CONSULTANT IS VERY IMPORTANT.
“Hiring VAT consultant is like hiring a security guard in your company, to protect your rights and prevent charges and fines which are very heavy.”
Not all businesses are aware of all the laws, legislations and regulations of the indirect tax reform. This led to lots of businesses falling into the trap of submitting incomplete and inaccurate reports which doesn’t match the governmental requirements and as a result paying very high penalties.
Hiring a VAT consultant will guide you through the full procedure starting from the pre-assessment to registration and to the collection of refunds, in addition to timely compliance with latest legislature and codes from the UAE Federal Tax Authority to avoid financial losses.
In addition, hiring a FTA approved VAT agency will eliminate risks as the company will be responsible for any faulty or inaccurate reports submitted in front of the law, which therefore will result in high quality report output.
Moreover, a VAT consultant will be aware of the recent updated laws while filling your business’s reports and will be following them up-to-date of the report issuing, as well as he know how to prevent disputes and find appropriate resolutions and help your business with the non-statutory clearance.
As a business owner or manager you do not have to deal with the complex formulas and calculations of VAT reports nor hire an in-house VAT consultant that will cost you fortune monthly, instead, Hiring an outsourcing professional approved agency will save you lots of money and will ensure accuracy.
Here in GLT we are a team of chartered accountants, auditors and VAT professionals highly qualified and certified with the highest level of knowledge to offer tax advice, consulting, reporting and compliance services as well as accounting management services to individuals and businesses in the UAE with reasonable cost.
We help our customers to conduct their daily business activities seamlessly by providing the latest tax information, Reporting and making timely compliance with latest legislature and codes from the UAE Federal Tax Authority to avoid financial losses.