VAT Once an organization receives a Tax registration number, compliance and return filing become mandatory. When the Entity sells its goods or services, it is liable for charging VAT.

Businesses will be obliged to submit an online quarterly disclosure of their sales and purchases. This statutory declaration will include a summary of all taxable transactions that occurred during that time period.

The information necessary for each VAT return may differ. In all situations, entities must disclose that VAT has been charged on sales (output VAT) and are permitted to claim back the VAT that has been paid out (input VAT), provided that they have engaged in taxable activity throughout the period.

Our VAT Compliance and Return Filing professionals can assist you with the following:

• Advice on how to provide data on a regular basis.
• Providing a data template that is standard.
• The platform for exchanging information, setting reminders, and transferring files.
• Ongoing VAT treatment, exchange rate, and invoicing requirements compliance advice.
• Data and supporting documents are examined and analyzed.
• All statutory reports are prepared and submitted.

Taking care of all tax-related communications