Each business is required to get advisory services at least once in a year to know where their business stands and laws regarding VAT compliance are being followed.
Capital Round is a professional name for the provision of VAT advisory services which includes the following;
- Business – Identification and analysis of the VAT impact
- TRN – Application by online for VAT registration
- Contractual Agreements – Review and amendment of agreements with suppliers and customers.
- Chart of Account – Review of chart of account and accounting systems
- Business Structure – Review of business structure to avoid unnecessary cash outflows on inter company transactions
- Accounting Team – Review of Accounting team to know they understands the VAT Laws and Compliance properly
- VAT Training – Accounting and Procurement Team training on VAT Compliance and on latest updates is very important to avoid regulatory penalties.
This One Time Activity is conducted under Experienced Professional is costs about AED 10,000 plus VAT
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