What is VAT Health Check?

It is the responsibility of the taxpayer to make sure that everything is in line with FTA (Federal Tax Authority) rules and regulations.
A VAT health check is a type of VAT audit to identify the errors in the VAT by reviewing and analyzing the previously filed VAT returns and VAT refunds.
The VAT health check enables a business to identify any mistakes in the VAT and make corrections to them before getting a penalty from FTA.
It is the responsibility of the business to follow the rules and guidelines of FTA while handling VAT.
FTA officials are conducting a VAT audit regularly of different companies in the UAE. If the FTA auditors find out an error or mistake in your VAT, they will impose VAT fines on your business.

Check VAT Health

Why is VAT Health Check is Important?

The VAT health check provides an opportunity to review your current practices and brings issues to light if you are not fully compliant. It will be undertaken by our VAT experts and Auditors.
It will involve a meeting with our Auditors, who will review the VAT areas relating to your business, answer any questions and make recommendations.
During a health check for VAT, we will verify the proper working of the company's VAT configuration.
The deliverable will provide a clear understanding of how changes in the business model, master data or legislation will have an impact on the configuration at hand.

Why Choose ARC Associates?

Our team of qualified Tax accounting and financial management professionals will provide you with the best financial accounting services per various standards to get the most effective picture of your business to be presented to your creditors, investors, customers, and suppliers.
We offer services all over UAE.