TAXATION SERVICES
Every Country for its dynamic and ever-changing financial environment and sustainability, seeks to implement tax system in the economy for having the
necessary financial support by involving its people in the process. The growth of a country depends upon the constant support and contribution from its
people. Taxation makes each and every citizen and others in the country to involve indirectly in the development process of the country.
The taxation process follow a stringent procedures in determining the way it has been taxed. Every government has a set of rules and procedures on how
the tax system is being implemented and governed. It ensures that every business registered in the country has been involved in the process.
The UAE being a business friendly country has been mainly dependent on service sector for its financial inclusions. The economy of the country mainly
depends on the Tourism and Trading Services. The era of oil dependent economy is diminishing. The government has to find an alternative to economic
growth and sustainability. On the need arises the implementation of tax system in the economy.
The implementation of tax system in UAE was at the beginning of 2018. So the need of every business to get registered in to the tax system is of utmost
importance. Every business has to provide a proper record of how the tax is being valued, collected and being remitted to the government.
At the initial stage , the Value Added Tax(VAT) has been implemented. The determination, compliance and other related information is being required
by the concerned department to estimate the revenue generated by the government under the system.
Doeren Mac helps your business to be compliant with the tax structure and system implemented in UAE. We helps our clients in the following manner:
Helps to keep the books of records as per the needs of the Federal Tax Authority.(FTA)
Helps to determine the value of tax collected and paid by the firm.
Helps to determine the tax liability.
Acts as a consultant in helping the business to follow a smooth practice of recording the structured data for tax purposes.
Helps in filing the return according to the relevant period of return.
Doeren Mac Employees helps the clients in the following manner.
Seeks the access of tax documents from the clients.
Analysis of tax documents
The taxation process and procedures are planned.
Register for tax (if needed)
Helps in filing the return and reporting the tax liability
Follow up and seeking regular feedback.