VAT Health Check
UAE VAT Laws, authorize the Federal Tax Authorities (FTA) to perform a tax audit on any person to ascertain their compliance with the provisions of the UAE VAT Laws. Hence, it becomes very crucial to ensure the VAT Compliance of a business to avoid heavy penalties due to non-compliance.
We recommend the business to undertake a Tax Health Check to examine key areas of Tax Compliance and the controls thereon and identify the Administrative and Financial deficiencies in the business so same can be rectified before Tax Audit from FTA.
We at TRC Pamco Middle East, provide Health check services with our vast experience and knowledge on the subject matter. VAT Health Check enable clients to undertake any necessary corrective action before an audit takes place. With the Health Checks, clients will also be better prepared to handle a tax audit.