Tax registration We at MAI TAX Services help companies with tax registration, as there are two types of tax registration, mandatory registration and voluntary registration, where we calculate the revenues for the last 12 months and inform the company under which item the registration should take place.
Refund of value-added tax for UAE citizens on new housing construction We at MAI TAX Services help UAE citizens to recover VAT on new housing construction by submitting a (refund request) and also checking the tax invoices if they are in compliance with tax laws before submitting them to the Federal Tax Authority. Requesting and […]
Transaction Advisory on VAT Transforming experience into leads Most business transactions are subject to tax and the effects of VAT vary depending on the context. A proactive approach helps avoid complications and maximizes job opportunities. In any business, different transactions have different effects and require different solutions. At MAI TAX Services, we provide value-added tax […]
Voluntary Disclosure Mitigating risks with timely corrections The Federal Tax Authority encourages voluntary disclosure by taxpayers who may have violated the ruling or who believe that something wrong has been committed. Proactive approach to mistakes to avoid any penalty. Voluntary disclosure must be made by a taxable person to notify the Authority of any error […]
Reconsideration for VAT Penalty Waiver Resolving tax disputes with a strategic approach Anyone responsible for a penalty can submit a request for reconsideration with the Federal Tax Authority (FTA) if they are not satisfied with the decision. The Federal Tax Authority takes a positive approach to fines payers and will review its own decision on […]
-FTA Audit Assistance With You in Every Step of the FTA UAE Audit Process The provisions of the Federal Law on Taxation provide the Federal Tax Authority (FTA) with the legal right to conduct a tax audit on any person to determine their compliance with the provisions of the relevant laws. A Federal Tax Authority […]
-VAT Refunds Ensure the VAT refund process VAT refund is an important part of an effective indirect tax strategy. Sometimes VAT refunds by companies are difficult or even when refunds are applied, long delays are common. Not only do taxpayers have to know when they have the right to claim a tax refund, but they […]
-VAT Health Check Ensuring VAT compliance requirements The provisions of the Federal Law on Taxation provide the Federal Tax Authority (FTA) with the legal right to perform a tax audit on any person to determine their compliance with the provisions of the relevant laws. Therefore, it is important to be accurate with VAT returns and […]
VAT Compliance Review Navigate the ever-changing tax landscape VAT is a self-assessment transactional tax. It is the taxpayer’s responsibility to ensure that the extensive obligations imposed by the legislation and regulations are fulfilled and that VAT is correctly accounted for, collected and paid over to the Federal Tax Authority. MAI TAX Services targets in finding…
Simplify the complex legal aspects of VAT Operating a value-added tax (VAT) in a tightly controlled environment can pose significant challenges for your business. Your employees need to be updated and appropriately trained in the practices and legislation of the VAT compliance process. Any mistake in running a VAT can have negative consequences for your…