VAT Health Check

Our expert team conducts a comprehensive VAT review to identify risks and areas for improvement. Our services provide an independent evaluation, ensuring compliance with the latest regulations and minimizing the risk of penalties.

VAT Health Check in the UAE
A VAT Health Check, conducted by an experienced consultant, assesses VAT procedures, documentation, and controls. It includes VAT return review, transaction analysis, record-keeping, and document formatting. This process enhances VAT compliance and aligns with the Federal Tax Authority’s audit perspective, considering industry-specific nuances that influence audit initiation based on local business practices.

Ensure VAT Compliance
Importance of VAT Health Check in the UAE
VAT returns must be accurate and fully compliant with UAE VAT laws and the corresponding Executive Regulations. The Federal Tax Authority (FTA) is empowered to conduct audits of any tax registrant to verify adherence to VAT laws and regulations.

In order to guarantee that tax records, procedures, and reporting align with UAE VAT laws, registrants should undergo a Tax Health Check. This proactive measure helps identify areas where enhanced attention is needed to mitigate the risk of future errors, strengthening overall compliance and controls.

A VAT health checkup holds significant importance because any errors can result in substantial fines imposed by the FTA in accordance with the law. It is the responsibility of taxable individuals and businesses to ensure that their operations are in compliance with VAT regulations.