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Are you attentive for VAT return filling in Dubai?

The VAT 201 form is often filled by all the VAT registrants as soon because the tax period expires. Registered VAT consultant in Dubai or tax agent will file the tax returns on behalf of the taxable persons. Non-filing, Filling Incorrect vat return or late-filing of VAT returns attract serious consequences, and the process of filing the VAT Return Form 201 in Dubai is extremely important and should be done with utmost care. Therefore the businesses should consult the simplest VAT consultant in Dubai, to make sure compliance.

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Are you attentive for VAT return filling in Dubai?

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  1. WhatShould aVAT Return Contain?

  2. Dubai is one of the major business centers globallyand attracts companies from all over the world to set-up their business in this booming market. While business opportunities open for all in Dubai, it is extremely important for the entities to abide by the local rules andregulations. 02 PARSH ACCOUNTING AND BOOKKEEPING| 02

  3. 03 The Value AddedTax SeveraltaxreformshavebeenintroducedinDubaiinthelastfewyears,butthemost significantoneistheintroductionofVAT.The VATReturnFilingserviceinUAEisaprocessperformedontheweb,anditis oftenfilledonlythroughFTA'sportal.TheFTAasofyetdoesn'tacceptany offlineVATreturnfilinginUAE. PARSH ACCOUNTING AND BOOKKEEPING|

  4. WhatShould a Tax Return Contain?

  5. TheUAEVATLawsaystheVATreturn should contain all the required details as an invitation by the FTA. However, registered tax agents in Dubai recommend the subsequent information should be included within the taxreturn:

  6. Information required for VATFilling The name, address, and therefore the TRN of theRegistrant Tax Period related to the VAT Returnfiling The date of submission of UAE VATReturn Value of Taxable Supplies made by the Person inthe Tax Period and the Output Tax charged andEmirates-wise ValueofTaxableSuppliessubjecttothezeroratesmadebythePersonintheTax Period

  7. Exempt Supplies value made by the Person in theTax Period. ThevalueofanysuppliessubjecttoClauses(1)and(3)ofArticle(48)ofthe Decree-Law (ReverseCharge) a number of expenses incurred in respect of which the Person seeks torecover Input Tax and the amount of RecoverableTax. the entire value of Due Tax and Recoverable Tax for the TaxPeriod. The PayableTax

  8. For More Details & AnyQueries Parsh Accounting andBookkeeping

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