Value Added Tax (VAT) has been introduced in the United Arab Emirates with effect from January 01, 2018. The new VAT system has a pervasive impact on the way you do business. Identifying the impact of VAT on costing, product pricing, cash flow, procurement and supply chain and implementing the essential changes in the current IT framework, accounting and financial reporting programs, training employees are the major challenges to face while ensuring compliance with the new regime.

We at ACS, the professionals can assist you for the impact assessment, review of documentation and records, awareness programs, equip the personnel, VAT registration, ensuring compliance, support for changes in accounting system, preparation for VAT return filing etc..