Tax Agency for Value Added Tax

VAT and Excise Tax Registration and Setup

VAT registration is the first step in establishing VAT compliance, and our team makes the process as seamless as possible. We handle the entire registration procedure with the Federal Tax Authority (FTA) on your behalf, ensuring that all required information is accurately compiled and submitted. Whether you’re a new business or an established company seeking VAT registration, we help you begin your VAT journey with confidence, ensuring your setup is fully compliant with UAE regulations.

VAT and Excise Tax Compliance and Filing Services

Regular VAT filing is essential to stay compliant and avoid penalties. We provide end-to-end VAT filing services, taking care of periodic submissions to the FTA and ensuring that your VAT returns are prepared accurately and on time. Our specialists reconcile your VAT calculations with financial records, minimizing the risk of errors. By managing deadlines and submission requirements, we make it easier for your business to stay in good standing with the FTA, allowing you to focus on core operations.

VAT Refund Services

Your business may be eligible for VAT refunds, which can help improve cash flow. We provide full support in determining eligibility, preparing documentation, and filing claims with the FTA. Our VAT refund service handles all aspects of the refund process, from evaluating qualifying expenses to tracking the status of your refund. By ensuring that claims are filed correctly and promptly, we help maximize your VAT recovery and reinvest funds back into your business.

VAT De-registration Services

If your business no longer meets the VAT eligibility threshold or ceases operations, VAT de-registration is crucial to avoid future VAT obligations. We manage the VAT de-registration process, preparing and submitting all necessary documentation to the FTA. Our team ensures that your de-registration is completed accurately and efficiently, so you can close your VAT profile smoothly and remain compliant with regulatory requirements.

FTA Audit Support and Representation

In the event of a VAT audit, our team offers comprehensive support to navigate the process confidently. From organizing required documentation to liaising directly with the FTA, we manage all aspects of the audit. Our audit support service ensures your VAT positions are well-documented and represented, allowing you to proceed through audits smoothly and without interruption to your operations.

VAT Registration Amendments

Changes in your business activities or structure may require updates to your VAT registration. We provide amendment services to help keep your VAT records current and compliant with the FTA. Whether your company has undergone ownership changes, added new services, or restructured operations, we manage the amendment process to ensure your VAT registration reflects your business accurately and complies with the latest regulations.

VAT Advisory and Strategic Planning

Optimizing VAT compliance requires a proactive approach, and our advisory services provide strategic support to minimize tax liabilities and streamline VAT management. Our VAT experts analyze your business’s structure and activities, offering customized strategies for VAT efficiency. From managing VAT on cross-border transactions to structuring contracts effectively, our tailored advice empowers you to handle VAT obligations smoothly while focusing on growth.

VAT Training and Regular Updates

VAT regulations evolve, and keeping your team up-to-date is essential for smooth operations. We offer customized VAT training sessions, covering compliance fundamentals, filing processes, and updates on FTA requirements. By equipping your team with knowledge of the latest VAT regulations, we help your business remain compliant and well- prepared to adapt to regulatory changes.

VAT Group Registration

Flying Colour Tax Consultant LLC provides specialized VAT Group Registration Services for businesses in the UAE that operate through multiple entities under common ownership or control. VAT group registration can streamline your VAT management, reduce administrative costs, and simplify compliance by allowing affiliated companies to register as a single VAT entity. Our experienced team manages every aspect of the group registration process, ensuring your businesses benefit fully from this strategic tax arrangement while adhering to UAE regulations.

VAT Review Services

we offer comprehensive VAT Review Services for businesses that have already prepared and filed their VAT returns but seek a second opinion to ensure accuracy and compliance. Our VAT review service helps identify potential errors, missed opportunities, and compliance risks in your VAT computations and filings. With a deep understanding of UAE VAT laws and Federal Tax Authority (FTA) requirements, our experienced team provides a meticulous review, giving you peace of mind that your VAT obligations are accurately managed.