Navigating VAT Audits with Precision and Expertise

After the introduction of Value Added Tax (VAT) in January 2018, the need for firms like Swift Audit & Advisory has become increasingly important. VAT audit services reflect this, and the comprehensive aid we offer will help your business withstand scrutiny from the Federal Tax Authority (FTA) in the UAE.

What are VAT Audits?

A VAT audit is a detailed examination performed by the FTA to verify that a business's financial records and tax payments are in line with UAE VAT Law and the Tax Procedures Law. This thorough process ensures all tax liabilities are met and any inconsistencies or unpaid taxes are found and resolved.

What We Offer

At Swift Audit & Advisory, we provide in-depth support during VAT audits to help your business meet all of its regulatory requirements and avoid potential fines or penalties. Our services include:

  • Pre-audit preparation that readies all necessary financial statements and records before the actual audit begins to streamline the process and reduce any disruptions
  • Detailed record-keeping that ensures all the required documentation, such as tax invoices, receipts and credit notes, are easily accessible
  • Guidance on how to strategically handle any findings from the audit as well as means to implement changes that may improve your company’s future tax compliance
  • Acting as your representative with the FTA by handling all communications and negotiations with the authority to protect your business and its interests

Don’t let the complexities of VAT audits delay your business’s operations. With knowledge and experience, Swift Audit & Advisory is here to secure your company’s financial integrity and help it on the path of regulatory compliance. To find out more, contact us to speak to one of our experts.

Contact Us

Contact Swift Auditing & Advisory today to discover how our tailored accounting solutions can propel your business forward.

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