VAT Accounting

VAT Accounting Procedures

VAT is a charge imposed on certain provisions of goods and services in the UAE. VAT is calculated and charged on the value of services or goods supplied under each sales or purchase transaction.

Book VAT Review All Services

Compliance Ready

We help you align VAT controls, reporting, and audit-readiness across all transactions.

UAE VAT Focused

End-to-End Support

Measures and Controls

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Master data of suppliers and customers, knowledge of their place of establishment

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Inventory masters

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Tax coding of transactions

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Sales and purchase schemes of accounting entries

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General ledger VAT recording and reporting

Compliance and Support

If there is a lack of ownership, control, or visibility across these areas, this may influence the VAT return submission and the financial statements. Where information is not provided accurately you might be subject to fines and penalties.

At Axon, VAT consultants have substantial experience in undertaking VAT accounting procedure reviews to ensure that companies meet their VAT compliance needs as outlined in UAE. We find efficient methods to control VAT functions within your business wherever possible and ensure processes and controls meet VAT audit and other applicable requirements.

We also offer accounting services alongside VAT consultancy in the UAE. We partner with you to complete your company’s bookkeeping process and VAT requirements, advise on valuation, business planning and analysis of possible non-compliances, and adapt services to the precise needs of individual companies to support proper operation and compliance.