UAE VAT Support
VAT refunds
The FTA thoroughly scrutinizes the VAT refund application before approval. Re/think can provide comprehensive support to businesses for VAT refunds. Our core activities include:
- Prepare the refund application and advise on the documentation required.
- Review the supporting documentation.
- Liaise with FTA regarding the application until the refund is approved and released.
Please make an enquiry to find out more and speak to a senior member of our team.
VAT Voluntary Disclosures
Voluntary Disclosures are submitted when a taxpayer becomes aware of an error or omission in a submitted Tax Return, Tax Assessment, or Tax Refund application.
Re/think offers support in submitting Voluntary Disclosures to the FTA. The core activities include
- Collect and review appropriate information required for submitting a Voluntary Disclosure Application.
- Preparation and submission of Voluntary Disclosure Form and Letter.
Please make an enquiry to find out more and speak to a senior member of our team.
VAT Clarification requests
A clarification request is an application to the FTA requesting clarity on the matters on which the VAT position has not evolved or is highly ambiguous. In response to a query from the applicant regarding the tax treatment of specific transactions, the FTA will issue a clarification in an official document.
The Clarification should include the possible interpretation of the VAT regulation and guidance previously published by the FTA. Re/think offers support in submitting clarification requests to the FTA on unclear matters. The core activities include assistance with drafting and submitting clarification requests to the FTA.
Please make an enquiry to find out more and speak to a senior member of our team.
FTA review
Re/think offers support during all stages of the review conducted by the FTA. We assist our clients in preparing the relevant documentation for submission to the authorities during the course of the FTA review. This is undertaken by performing an analysis of the nature of business as well as the supporting documents. Our team of tax experts, being familiar with the actual circumstances, represents the client by providing both substantial and procedural support. Our core activities include:
- Representing the client before the FTA
- Defending of the client’s interests
- Mitigating the risk of penalties (if any) faced by the client
Considering more effective controls in the VAT area, Re/think recommends the preparation of supplementary documentation, i.e., a defense/support file. This provides additional protection to VAT-registered businesses during a potential audit by the FTA. The assistance offered by Re/think involves performing an analysis of the nature of the business and the supporting documents and providing the client with readiness for a review by the FTA.
Please make an enquiry to find out more and speak to a senior member of our team.
UAE VAT Training – Empowering your team with expertise
Re/think assists in identifying the roles of stakeholders in your business and teach them how to incorporate VAT considerations into their everyday activities.
This will ensure VAT awareness inside the accounting team of the businesses and for every single employee who may trigger VAT implications during the execution of their responsibilities.
Please make an enquiry to find out more and speak to a senior member of our team.
