7 Points should Consider While Choosing before hiring a VAT Consultant in Dubai

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7 Points should Consider While Choosing before
hiring a VAT Consultant in Dubai
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• A Good VAT consultant can get rid of hefty fines
  and keep the company operations smooth. So many
  companies have already started hiring VAT
  consultants all over DUBAI. And the other side
  Consultants are also approaching organization in
  their own way. Even some of them have developed
  VAT Consultants to facilitate their clients as a
  useful tool and guide regarding UAE VAT Laws.
• Things should be Consider While hiring a VAT
  Consultant.
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• Understanding of the VAT Law
• Many times, the laws can be complex in matters of
  handling managing VAT affairs in any kind of
  industry. It can also be dangerous to Exempt or
  zero-rated industries enterprises, if the proper
  understanding of the law is not observed
  followed by the company.
• Although the law is very simple while planning or
  Suggesting regarding laws, everything should be
  on the table of discussion because any un-wanted
  mistake, error, deletion can lead to hefty fines.
•  
• So, hire a VAT consultant in the UAE to have a
  good understanding of VAT Law.

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• Experienced Consultant
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• The VAT consultant should be experienced in
  Taxes, especially indirect taxes by Federal Tax
  Authority.
• As VAT will be the first tax to be execute in UAE
  so there is no point that there would be any
  previous case studies/ examples/ model available
  to follow or pitch to the client. But at constant
  time VAT isn't new globally. there's
  approximately 200 countries where numerous taxes
  are applicable, which are in majority and there
  are counties which are still VAT-free, countries
  within the world where indirect taxes are
  relevant and therefore the tax rate ranges from 0
  to 28.

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• Tech Lover Consultant
• If you're hiring a consultant in Dubai-UAE
  confirm he/ she has a love for Technology.
• As many VAT Affected are aware of that mode of
  submission are going to be an online portal by
  the Federal Tax Authority. Companies are using an
  internet web portal to report, observe, reply to
  notices, view reports, fill in forms, filing,
  refund claims, and a lot more.
• Apart from using the portal. The Consultant to
  stay organized should be ready to use other
  applications available. handling one client is
  different and has many changes within the
  scenario. therefore, the consultant should be a
  tech lover who can adapt and perform neatly

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• Focused Approach/ Industry Specific
• Another important feature is to understand the
  law supported industry/sector. If the main target
  of the consultant is on your business goals,
  model, requirements, seamlessly, dos and don'ts,
  operating structure, and possible VAT environment
  then we can say you're in good hands.
• Consultant with Finance Background
• VAT Training in Dubai are going to be a mixture
  of finance, IT, operations quite impact. VAT
  Consultant Advisor should have ability in all
  these fields. the most important one is Finance
  as there'll be a requirement to vary the
  accounting software with the assistance of an IT
  expert as accounting for VAT is also another path
  to think about.
• The professionals who are already working in
  DUBAI especially Dubai-UAE within the Finance/
  Accounting department need to acquaint themselves
  with the long-forgotten fundamentals of indirect
  taxes while working within the region.
• VAT (Value Added Tax in DUBAI) has everything to
  try to do with Finance so remember to affect VAT
  through Finance and Finance through VAT.

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• Impact Analysis Due Diligence
• The impact assessment includes an assessment of
  Human Capital, company processes change within
  the accounting system, estimation of recent costs
  related to VAT Implementation, and finally the
  main item that's COMPLIANCE.
• Hiring a VAT Consultant in Dubai also can be a
  challenge because the major spoken language in
  Dubai is Arabic so confirm that the Advisor
  better known for speaking two languages fluently.
• Calculation Reporting Challenges and VAT
  Planning
• Planning and reporting play an important role in
  UAE VAT Compliance without hiring new resources
  proper planning can save time and money. a
  perfect VAT consultant has resources to plan and
  report error-free to the clients. The consultant
  will show the way to manage VAT with routine
  operations and minimum time spent with a goal of
  zero errors

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For More Information, Call to Best VAT Consultant
in Dubai
971 568511542
Head OfficeOffice No.
2101-05, Floor 21, Binary Tower, Marasi Drive,
Business Bay, Dubai, UAE
https//parsh.ae/