Value Added Tax

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Value Added Tax

Value Added Tax: a type of indirect financial tax imposed by governments on all goods and services except for those exempted, and it is calculated at a certain percentage of the price of the product or service and imposed in specific cases at all stages of production or distribution of these goods or services up to the final product, which is a tax On consumption it is paid and collected at each stage of the supply, and VAT is collected from customers on each taxable sale.

value added tax services

1- Assisting in completing VAT registration for companies and institutions, taking into account the requirements of the registration process and its compliance with regulations and instructions

2- Assistance in VAT related transactions for business partners

3- Facilitate the understanding of tax laws and tax executive regulations

4- We provide you with a full report on value added tax, where the report includes the main recommendations, analysis of transactions, and this enables you to comply with the value added tax successfully and easily without consequences

5- Our consultants help you assess the impact of value added tax on your organization in terms of costs, profitability and working capital, and analyze this assessment as this assessment helps you understand the impact of value added on your organization

6- Preparing the value-added tax declaration and reviewing the company’s purchases of goods and services to ensure that the amounts of value-added tax received on the purchase invoices are correct and if they are deductible or not

7- In the event that the services and goods are imported, we calculate the tax on them and follow up on the claim within the value-added tax return for the period following the supply of those goods and services

8-Assisting in the implementation of all VAT invoice requirements while adhering to the VAT system

9- Helping accountants and employees from other departments related to sales and giving them the appropriate guidance, which enables them to issue invoices correctly and in compliance with the laws of value added tax

10- Reviewing the company’s financial statements and verifying that the revenues match the submitted returns and discussing all the notes on them with the officials

11-Providing post-registration services for tax and preparing tax returns, which take place in the event of a dispute or dispute about the value-added tax return, which is to assist in submitting objections

12- Assisting companies in dealing with changes and issues related to value-added tax and its legislation, and providing advice and advice on helping companies achieve compliance with and adherence to value-added tax policies.