Blog

Which are the Valuable Assistance Tax Agents Can Add To Your Business in Dubai?

Tax Agent
Which-are-the-Valuable-Assistance-Tax-Agents-Can-Add-To-Your-Business-in-Dubai

There are so many aspects that a business has we need to take care of. One such important and crucial part of a business is the tax in different spheres. With the advent of taxation in different spheres of business in Dubai, a need for tax consultants has come up suddenly. The foundation of these agents/consultants regarding corporate or business tax is remarkable. Hence it becomes a lot easier for the businesses to get represented in front of the tax department by these professionals. It is high time now to switch to professionalism and get yourself a brilliant tax agent for the ease of handling this financial aspect.

Tax agents in Dubai are the right professionals

The professional tax consultants and agents, who are recognized by the Federal Tax Authority (FTA), will be the ideal ones to be hired to represent you and your company. These professionals have passed an examination held by this authority in Dubai to recognize only the eligible tax agents. In fact, they comply with the rest of the criteria to fit into the description as corporate and professional tax agents.

Apart from the eligibility, the tax agents in Dubai are highly experienced to handle the different dimensions of business tax for diverse genres of industries. In fact, the definition of a tax agent as per the Federal Law No. 7, 2017, depicts:

‘A professional registered and recognized by the Authority in the Register, appointed to represent another person for handling the responsibilities or fulfillment of the latter person’s tax obligations and exercises tax rights is coined as a tax agent.

A tax agent in Dubai will be responsible for representing his employer in front of the FTA and perform his duties. He will also remind the specific obligations his clients have to pay attention to avoid penalties and help them to enjoy the rights as well.

Responsibilities handled by a tax agent in Dubai, Abu Dhabi, Sharjah, UAE

There are new clauses and regulations amended by the FTA in Dubai. The changes and upgrades in the law might not be the cup of tea of professional businessmen. This is where the tax agents can be hired to find a way to handle all the financial legalities and meet with the tax requirements of a business. Here is what Dubai tax agents do for their clients.

  • Assurance to meet tax responsibilities
    The tax agent employed or hired by a client will be responsible to showcase or highlight the
    responsibilities (as per FTA law) that his client must pay attention to. The obligations must be
    met to avoid any tax-related hassles in the later years.
  • Preserving privacy
    Tax information is absolutely classified. The privacy of a taxable entity (professional or business) should be maintained in the open forum. The agent will help the taxable entities to preserve their decorum and privacy throughout his tenure.
  • Maintaining integrity
    The tax agents are also bound to act when any unlawful proposal is forwarded. By law, they cannot support any misleading act or plan that might hurt the integrity of the country. He should not violate any amended law and also stop his clients from practising so to avoid any legal tension. Any unlawful activity will not be encouraged by the tax agent rather stopped from proceeding in the future.
  • Comply with the information provision
    The tax agent will provide specific information as per the new VAT Law. It will contain documents, records, and information mentioned by Article 15 of Part 2, Chapter 3 in the newly amended law as per the government’s request.
  • Educating clients
    This is another part of the job profile of a tax agent. BY definition, a tax agent will educate his clients regarding the new changes and amendments in the law designed by the FTA. In fact, he will also make his clients understand what a particular clause in the law stands for so that its importance can be implemented into the business.

Tax consultants: Valuable assistance

As mentioned earlier, when you are willing to hire a tax agent for the company’s benefit, consider the FTA certification and experience gathered by the agent or a consulting agency before jumping into a conclusion. As per the expert tax agents, always check on the domain where an agent has previously worked on. This will help you to find out the ideal profile befitting your needs. It is now easy to discover and appoint the best FTA registered tax agents in Dubai. Seek consultation and figure out how professional a tax consulting agency is. Find out how much dedication they show when you ask a question and seek education regarding a particular case.

Hire a tax agent to handle your tax in Dubai, Abu Dhabi, Sharjah, UAE

Hire a VAT consultant in Dubai to handle tax affairs and represent your business professionally in front of the FTA.

For more information on this topic, please visit our Blogs Section or Contact Us

For enquiries, call +971 5679 52590 / E-mail: info@aviaanaccounting.com

 

Related Articles:

Top-ranked Tax Preparation and Tax Advisory Firms in Tampa, Florida: Comprehensive Guide and Review

Top-ranked Tax Preparation and Tax Advisory Firms in Baltimore, Maryland: Comprehensive Guide and Review

Top-ranked Tax Preparation and Tax Advisory Firms in Portland, Oregon: Comprehensive Guide and Review

Top-ranked Tax Preparation and Tax Advisory Firms in San Antonio, Texas: Comprehensive Guide and Review

Top-ranked Tax Preparation and Tax Advisory Firms in Orlando, Florida: Comprehensive Guide and Review

Top-ranked Tax Preparation and Tax Advisory Firms in Pittsburgh, Pennsylvania: Comprehensive Guide and Review

Top-ranked Tax Preparation and Tax Advisory Firms in Sacramento, California: Comprehensive Guide and Review

Top ranked Tax preparation and Tax Advisory Firms in San Francisco, California: Comprehensive guide and Review

Top ranked Tax preparation and Tax Advisory Firms in Los Angeles, California: Comprehensive guide and Review

Top ranked Tax preparation and Tax Advisory Firms in New York City, New York: Comprehensive guide and Review

Top Tax Preparation and Tax Advisory Services in Gold Coast, Sydney, Australia

Top Tax Preparation and Tax Accountant Services in Buenos Aires, Cordoba, Argentina

Top Tax Preparation and Tax Advisory Services in Amsterdam, The Hague, Netherlands

Top Tax Preparation and Accountant Services in New York, Los Angeles, US

Top Tax Preparation and Tax Accountant Services in Hawalli, Al Ahmadi, Kuwait

Top Tax Preparation and Tax Accountant Services in Dubai, Abu Dhabi and UAE

Top Tax Preparation and Tax Accountant Services in Manila, Cebu City, Philippines

Top Tax Preparation and Tax Accountant Services in Cape Town, Johannesburg, South Africa 

Top Tax Preparation and Tax Accountant Services in Toronto, Vancouver, Canada  

Top Tax Preparation and Tax Accountant Services in london, Birmingham, UK

How to Register for Corporate Tax in UAE Dubai? A Guide and User Manual

Top Corporate Tax Consultants in Dubai, UAE

UAE Corporate Tax Guide to Registration, Deregistration & Filing Returns

List of Corporate Tax Services Firms in Dubai, UAE

Which Entities are exempted from UAE Corporate Tax?

Top 5 Best Corporate Tax Consultants in Dubai, UAE

Public Consultation Paper Summary Corporate Tax UAE

Corporate Tax Consultant in Dubai, UAE

CORPORATE TAX IN UAE – Frequently Asked Questions (FAQs)

Top Best Corporate Tax Impact Assessment Services in Dubai, Abu Dhabi and UAE

Corporate Tax services in UAE

UAE Corporate Tax Federal Decree Law (FTA) Summary

What will be the Impact of the Proposed UAE Corporate Tax on Free Zone and Mainland Firms?

What is the Corporate Tax Rate in UAE?

When will the corporate tax be implemented in UAE?

Top Tax Agent in Dubai, UAE

How To Compute Your Tax Liability Under UAE Corporate Tax

Corporate Tax in UAE – How Does It Affect You And Are You Ready?

No. 1 Best Corporate Tax Consultant in Abu Dhabi, Sharjah, Ras Al Khaimah, Ajman, Fujairah

List of Corporate Tax Services Firms in Dubai, UAE

Which Entities are exempted from UAE Corporate Tax?

Corporate Tax Training Course in Dubai, Abu Dhabi, UAE

Oman Tax Authority

How hiring a registered tax agent can help you implement VAT System in Dubai?

Why Should You Choose to Have a Tax Agent in Dubai?

Tax Agent Services in Dubai

Top Best Tax Agent in Dubai, Abu Dhabi, UAE | FTA Approved and Registered

Advantages of hiring Tax Agent in Dubai

Which is the Eligibility criteria and requirements to become a tax agent in Dubai?

Which are the Valuable Assistance Tax Agents Can Add To Your Business in Dubai?

Duties and Eligibility for Tax Agent in Dubai