Our Services
Advanced Tech Bookkeeping and Consultancy LLC
TAX Consultancy
Financial Auditing
Bookkeeping
About Us
We are a Tax Consultant, Auditing and Bookkeeping firm, based in Sharjah and offer services across the UAE. We provide accounts, taxation, business advisory, and support services to a wide range of businesses and individuals.
We are
a Tax Consultant, Auditing and Bookkeeping firm, based in Sharjah and offer services across the UAE. We provide accounts, taxation, business advisory and support services to a wide range of businesses and individuals.
Advance Tech Bookkeeping and Consultants Accounting & Bookkeeping is a group of accountants to support your needs and provide personalized services tailored to reflect your specific requirements. Our experience and qualification in various accounting areas, currently providing services in UAE, the USA, and UK.
Our wide range of Chartered Accountants, CPAs, ACCAs, CAF and MBAs having more than 25 years of experience in accounting and Taxes are ready to provide a one-stop solution for the accounting and tax needs of your business. We provide professional advice and solutions to all the accounting and tax-related issues.
VAT Service
Financial Statements Preparation
Get your books completed. Even if you don’t have recorded anything from scratch. We will take the records out from the ‘shoebox’ and return you in the shape of financial statements. We can also guide and train you on how to prepare the books going forward.
VAT Accounting
Accounting for VAT is different. Your books of accounts have to be complied by recording each sales and purchase transaction based on the guidelines provided in the law. We provide assurance in achieving this objective by adjusting the books or guiding our clients on how to record transactions and adjust the books.
VAT Returns filing
We offer services for filing the periodical VAT returns in a timely and accurate manner. Our staff scrutinizes the information carefully based on which the VAT returns will be filed. We put due diligence in scanning, screening, recalculating, entering and preparing the returns to ensure its acceptability by the Govt.
VAT Registration
The clock is ticking!! The deadline is approaching fast. Remember, a business will not be able to claim the VAT paid on purchases if the business is not registered for VAT. For most the businesses the registration is mandatory. Avoid high penalties, contact us immediately to get registered.
Record Keeping
We keep all the financial and VAT related records chronologically on behalf of our clients to comply with the laws. Each client’s folder is shared with the client through the cloud, so the clients can access the records anytime for a period of 5 to 10 years.
Affordable Prices
We provide assurance for the best and the lowest rates based on the complexity and the volume of the business transactions. Contact us to get a quote.
Our Team
Advance Tech Consultants
Our professional and courteous staff in Dubai is anxious to meet you and to provide bookkeeping, Financial Statements preparation, Excise Taxation, VAT accounting, VAT registration, VAT returns filing, claiming back the input VAT and making sure your business is in compliance with the Law.
Confusion of
VAT Return?
VAT implemented in UAE since 1st January 2018 and many businesses is still confused about the impact on them. A number of recent press articles have indicated how seriously the Federal Tax Authority (FTA) is dealing with non-compliant businesses. The FTA has the power to close the business while VAT investigation is being carried out.
Many businesses dread the onset of the time-consuming quarterly VAT return. Penalties for incorrect or late VAT returns can be steep, so it’s vital that all VAT is correctly completed and sent in before the deadline issued by FTA. As well as ensuring that you don’t overpay either which is a common mistake often made by companies.
We can take this complex load off your shoulders by providing an efficient, cost-effective and comprehensive VAT service which will cover all aspects of your VAT returns no matter how small or large your business may be.
If you want a cost-effective way of managing your VAT returns, have a word with us and we’ll soon bring harmony back into your business.
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CLients
Statements Prepare
Returns filing
What our clients say
FAQ
Frequently Asked Questions for VAT Return
What In VAT?
A value-added tax (VAT) is a consumption tax placed on a product whenever a value is added at each stage of the supply chain, from production to the point of sale. The amount of VAT that the user pays is on the cost of the product, less any of the costs of materials used in the product that has already been taxed.
What is the between VAT and GST?
VAT or Value-added-tax was imposed on the intrastate sale of goods. GST or Goods and Service Tax was imposed on goods and services thereby merging 17 different taxes. VAT was imposed on value-added at each stage of the production of goods. Hence it was a part of production taxation.
How VAT will impact businesses in UAE?
Impact of VAT on Consumers in the UAE. Even though the rate of VAT is as low as 5 percent, the cost of living is going to increase, which will have an adverse effect on the purchasing power of consumers. VAT will provide the UAE with a new source of income, but middle-class people will have to hold their budget tight.
Is VAT registration compulsory in UAE?
Voluntary VAT Registration in UAE Here, the registrations are not mandatory, it is optional for business to decide whether they would want to register. As a result, the inclusion of taxable expenses as criteria for voluntary registration would enable all the start-up business to register with zero turnovers.
What is VAT and tax?
A value-added tax (VAT) is a consumption tax placed on a product whenever a value is added at each stage of the supply chain, from production to the point of sale. The amount of VAT that the user pays is on the cost of the product, less any of the costs of materials used in the product that has already been taxed.
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Get in touch
Location:
Office No. 10, Level 1, Sharjah Media City, Sharjah UAE.
Landline & Mobile:
+971 6 5771300
+971-56-5678950 & +971-55-2660145
License No:
1802664.01
Contact Form