We had performed VAT Heath Check compliance and quarterly VAT return review for manpower service provider in UAE.
Based on the business overview transactions were listed. Financials and past VAT returns were reviewed.
Entity group structure were reviewed and Emarat portal were checked for VAT registration update & grouping.
Based on the VAT return review, analyzed the tax positions for each of the transaction category for its treatment as 0% rated, 5%, out of scope, and input eligibility covering employee related expenses.
Summary of transaction listing with VAT applicability, and past impact were assessed. Guidelines were documented for each of transaction with relevant VAT positions to be applied.
Provided training to team for implementation and supported IT team for necessary changes.
