An accounting policy serves as a company’s “roadmap”, in order to ensure proper VAT record- keeping, payments, and reimbursements. Though UAE legislation regarding VAT is based on common international standards, with so many foreign companies registered in the Emirates, a single customs space shared with countries of the Persian Gulf region, and high rates of real estate and tourism activities, local taxation laws have many peculiarities that are difficult to make sense of without professional support.
SORP Group is a taxation expert, with comprehensive accounting outsourcing solutions
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Our team of experts will develop correct VAT accounting policies to optimize your tax payments and ensure you are in compliance with all legal requirements.