We performed a VAT Health Check and compliance review for a leading Technology Products and Solutions provider operating across the UAE and GCC, commencing with documentation of the business overview and identification of key transaction categories and applicable VAT treatments.
We reviewed financial records and filed VAT returns and conducted transaction walkthroughs within ERP systems to assess end-to-end processes, system configurations, and VAT reporting logic against UAE VAT legislation and FTA guidance.
We performed reconciliations between financial revenues and VAT returns, identified reporting gaps, analyzed root causes, and reviewed customer and vendor contracts to validate the appropriateness of VAT treatments.
We tested sample transactional documentation for each category to assess eligibility for input VAT recovery and zero-rating, including compliance with prescribed documentation requirements.
We also conducted a VAT process and governance review and provided implementation support, including validation of findings with process owners, management presentations, targeted training sessions, and support for system and process enhancements to ensure ongoing compliance.
