A tax agent is an individual registered with the Federal Tax Authority (FTA) in the UAE. Such Registered Tax Agent in the UAE can enter into a contractual agreement to act on behalf of another person in complying tax obligations of his business. Further, the tax agent in the UAE has the power to represent the taxable person before the Federal Tax Authority (FTA) for any tax-related matters.
Tax agent in the UAE helps businesses to represent themselves before tax authority in any tax-related matters. Such registered tax agents in the UAE can ensure that businesses are complying their tax obligations.
VAT Transaction advisory service is a type of VAT Advisory Service where a VAT expert analyses individual transaction of a business to identify the applicability of VAT. Such services are unique to a business entity. VAT Advisory services hold a special place in all tax regimes especially in the UAE since the implementation of tax is fairly new in the country.
As across the globe, the tax authority issues tax laws which will govern the tax practices in the respective region but such these laws will be generic in nature, Tax laws won’t cover specific scenarios a business might face but provides an insight to the taxability of transactions as a whole. That is where tax consultants come into the picture to provide VAT Transaction Advisory Services.
Our Tax consultants in the UAE are professionals with in-depth knowledge in the UAE tax laws and regulations of a region. Our Tax Consultants played a pivotal role in successfully implementing VAT in UAE by extending their support to the business communities in understanding the laws and regulations.
Tax Agent Services in Dubai, UAE
HAWK ACCOUNTING & TAX CONSULTANCY – Federal Tax Authority (FTA) Registered Tax Agent in Dubai, UAE.
Call for Consultation HAWK Consultant | Partner Mob: 0505993452 Email: sales@hawk-me.com
A taxable person can appoint a tax agency firm through their e-services portal on the FTA website.
We, HAWK ACCOUNTING & TAX CONSULTANCY can support you with Accounting and Financial Reporting by maintaining the books of accounts in an appropriate manner and ensuring compliance of all statutory requirements. We understand the requirements of every business and provide reports according to the needs of the management.
People usually ask
Ans: No, the Federal Tax Authority (FTA) has not mandated the appointment of a tax agent in the UAE. Though it is not mandatory, considering the dynamic nature of the economy, a lot of businesses in the UAE tend to appoint a tax agent to ensure proper compliance and thus avoiding penalties from the authority for noncompliance.
Ans: Every tax agent in UAE and tax agency firm in UAE registered with the Federal Tax Authority (FTA) is available in the official website https://www.tax.gov.ae/.
Ans: A tax agent in UAE can only act through a tax agency firm. Hence it is advisable to approach a tax agency firm for availing tax agent services in the UAE.
Ans: One of the primary responsibility of a tax agent in UAE is to represent themselves, on behalf of their clientele, before the FTA during the course of an audit conducted by the FTA.
June 22, 2021
To ensure clients progress financially and socially.