TAX CLINIC CAMPAIGN RUNS
|August 12-14||Ras Al Khaimah|
|September 2-4||Umm al-Quwain|
|September 16-18||Ras Al Khaimah|
|September 30-October 2||Fujairah|
|October 7-9||Umm al-Quwain|
THE FINAL STOP AT:
|October 28-30||Ras Al Khaimah|
TAX AWARENESS AMONG BUSINESSES ESPECIALLY SMEs
As small and medium enterprises (SMEs) and startups are being challenged with the newly VAT system in UAE, the Tax Clinic will serve as a great channel for them to raise their concerns. Many SMEs did not have a VAT accounting system prior to the VAT system implementation, leading to a difficulty in fully understanding its procedures and regulations.
The Federal Tax Authority has launched the innovative campaign to promote tax awareness among all business entities, mostly among SMEs. Through the team of experts, SMEs should get the tax-related information they need without visiting the FTA’s head office.
Aside from this, the Tax Clinic campaign aims to gauge questions that have not been raised yet. Through this, the FTA will be able to address issues at their early stages and identify solutions.
A team of tax analysts from the authority’s Registration and Taxpayer Services department shall go on an extensive tour to promote the campaign to different business sectors.
The FTA encourages businesses, particularly SMEs to support the campaign as they will benefit from the opportunity to address any concerns they might have.
Likewise, we at Creation Business Consultants also aim to provide assistance to entrepreneurs, SMEs and multinational corporations on entering, expanding, and restructuring in the United Arab Emirates, Saudi Arabia, Kuwait, Bahrain, Oman, and Qatar.
We work closely with private equity and law firms, auditors and financial advisors who seek our expert counsel on corporate structuring matters. If you are looking into availing more business setup services in Dubai, don’t hesitate to contact us.