We have set out a brief review of the major professional services, which we can offer:
Value Added Tax (VAT):
VAT was implemented on the 1st of January, 2018. VAT is an indirect tax which is charged at every chain of supply of goods or services or both.
In this regard, we are pleased to inform you that we provide the following services::
- Assistance in the registration of companies for the Value Added Tax System with Federal Tax Authority and obtain the Tax Registration Number (TRN).
- Advising on: Implementation of appropriate accounting system for VAT. Completion of VAT declarations in compliance with all the latest regulations of the Federal Tax Authority.
- Assist in reviewing and discussing the calculation of tax in case of any discrepancies arising between the tax amounts calculated by the Company and the Federal Tax Authority and reconciling the differences (if any), to avoid violations and fines.