We performed VAT Health Checks and compliance reviews for UAE based entities operating in trading, and distributorship of leading Electronic products across GCC, covering local sales, imports, exports, and distribution activities.
Our work included ERP walkthroughs, review of tax codes, and assessment of VAT treatment across procurement, inventory movements, distributorship arrangements, and sales transactions, in line with UAE VAT legislation.
We conducted Financial records to VAT return reconciliations, identified reporting gaps and root causes, reviewed supplier, distributor, and customer contracts, and tested transactional documentation to assess input VAT recoverability and output VAT accuracy. As well assessed applicability of Domestic RCM on the electronics trading.
We further supported VAT process optimization and implementation, including validation of findings with process owners, management presentations, training sessions, and recommendations for system and control enhancements.
