Frequently Asked Questions
Audit and assurance
AimStorm Solution’s audit and assurance department will provide the services, expertise, and knowledge necessary to ensure that any business can be successful in light of constantly changing national and international tax laws. Our staff provides the following financial services: financial statement audit, internal audit, management audit, operational audit, and due diligence audit.
Excise Tax Registration
The UAE Federal Decree Law No 7 of the 2017 excise tax stipulates and mandates that any business engaged in importing excise goods into the UAE, producing excise goods which are sold in the UAE, storing of certain goods in the UAE, and overseeing an excise warehouse must register for the VAT. While the federal government, and the FTA will assist businesses in registering for this tax, it is the primary responsibility of businesses to register, and to make sure that the are fully compliant with the VAT laws, rules, and regulations.
Why Choose Aim Storm Solutions
Companies should choose Aim Storm Solutions because of our team’s comprehensive knowledge of, and experience in VAT. Companies who choose our team to register their companies under the current VAT law will be satisfied by the results. Their operations will be transformed by the better by our team’s comprehensive and thorough consulting services. They will also avoid many of the penalties the GCC will impose on those who fail to register for this complex and involved new tax. Additionally, and most importantly, their overall costs will drop, and their overall revenues will rise because of the new value they will add to their business products, and to their end services and goods as a result of the new VAT.