Input VAT is a tax on products (goods and services) purchased by a business or taxable individual in the UAE. Output VAT, on the other hand, is a tax levied on goods sold in the UAE by a company or a taxable person. In the UAE, you may be eligible for an FTA VAT refund if your firm pays more tax than it earns from customers.
The taxpayer has two alternatives when it comes to dealing with excess input VAT, commonly known as VAT return:
Our dependable team can conduct a UAE VAT voluntary disclosure in a number of different methods. The usual method for making a VAT voluntary disclosure in the UAE is as follows:
We will assign a dedicated and qualified team to your entity, who will assist you in ensuring statutory compliance and providing necessary management reports.