Mandatory compliance under VATPeriodically filing VAT returns, and payments on the due dates as specified in the law. Proper maintenance of accounts of books as per the law and rules made thereunder. Record keeping as per the law and the Rules made thereunder. Maintenance of proper tax invoice. Provision of all relevant data and detailed documents, in case of any audit, is conducted by FTA.
Despite the clarity of VAT laws, rules and regulations, its practice and application is quite complex and requires matured and experienced brains to meet compliance requirements. Aimstorm Solutions is the leading company in UAE, providing support at all the stages of VAT compliance.