Our Taxation experts can perform VAT impact assessment and structure your business in the most tax-efficient manner in accordance with federal tax authorities (FTA) requirements.

On 1st January 2018, VAT will become an integral part of businesses in the UAE, as already announced by the UAE Ministry of Finance. While offering limited exceptions to some categories including basic food items, healthcare and education, Value Added Tax will be collected at the rate of 5 % on the goods and services, at each step of the supply chain.

Synergic have a team of tax specialists who can help your business structure in-house recording and filing processes to ensure that your company does not incur any penalties from improper compliance. We will help you identify the potential financial challenges you might face in the implementation of VAT. We can also assign you a dedicated VAT consultant to update you on the latest developments regarding the legislation.