MHM is one of the top auditing firms in UAE, providing VAT return filing services in Dubai on monthly and quarterly basis which is mandatory for all business in UAE. VAT Returns must be filled according to the specific dates mentioned on the VAT certificate, within 28 days from the end of tax period.
Appointing MHM as your VAT TAX agent will guarantee keeping your books in organised and standards formats to avoid any penalties or fines to submit your VAT returning file.
we will collect data to compile the information for filing the VAT return through a periodical visit to your premises.
we will ensure that the VAT returns are filed and submitted within the specified time in each tax period.
tax planning will be conducted for your company.
our team will represent you at meetings with authorities when required.
VAT Return Form 201, is a required declaration by the end of every tax period, reflecting the VAT details of total supplies for both purchase and sales, output VAT collected on supplies, eligible input VAT paid on purchases, input VAT recovered and the total tax due.
VAT return should be withing 28t days after the end of the reporting quarter, and if the 28th of the following month falls on either a Friday or Saturday, the deadline moves to the next working day.
The penalty for not submitting VAT return file on time is AED 1,000 for the first time, then AED 2,000 for every subsequent missed deadline within 24 months.