| Contact Number/s | 042432107 |
| State of the Country | Dubai |
| Classified ad is posted by | Company |
| Company Name | Alchemist Accounting |
| A Few keywords that are highlight of your Advert. | VAT, ACCOUNTING,AUDIT,CONSULTING, TAX PAYMENT CYCLE,TAX,HELP BUSINESSES,ZOHO BOOKS CONSULTANT,SECRET TO ZOHO CRM UAE,ACCOUNTING AND CONSULTING. |
| Classified Highlights | Alchemist Accounting' is an Accounting firm with dynamic professionals and Industry experts based in Dubai. Services offered by ‘Alchemist' encompass Assurance services, Financial &Business Advisory, Performance &Risk Advisory, Merger &Acquisition and Accounting services. Through our Professional network in Oman, India and Singapore, we are able to take care of the client requirements beyond borders. |
Value Added Tax (VAT)
GCC (Gulf Co-operation Council) member countries have agreed in principle to introduce VAT as an additional source of revenue. UAE and Saudi Arabia implemented VAT w.e.f 1st January 2018 and Kingdom of Bahrain implemented w.e.f 1st January 2019. Even though VAT is new to GCC, it is a common tax globally.
We help businesses for:
• Assessment of VAT applicability, process & system
• VAT Registration and obtaining the ‘Tax Registration Number’
• Training the team and Software implementation
• Evaluate the working capital requirement and payment cycle in light of the VAT regime
• Advising the company in terms of applicability of VAT in each identified transactions and training the staff- in- charge of the same for legal compliances
• VAT liability computation & Filing of return
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