Is your business VAT compliant?

Send us an inquiry to know! Make your business VAT Complaint and get efficient accounting & booking services at The Best Business Center.

Is your business VAT compliant?

Send us an inquiry to know! Make your business VAT Complaint and get efficient accounting & booking services at The Best Business Center.

VAT & Accounting

With the new UAE tax laws made mandatory, all companies need to register themselves with the governing authorities and get tax filing done on a monthly and quarterly basis.

Best Business Centre addresses all your VAT needs in this Post-VAT age of UAE. We offer on-time support; you will not have to bear penalty for failure to file the VAT return. Our taxation specialists undertake all your VAT assessments and intend to make sure your business is systematized in such modus to become more tax-efficient. We scrutinize according to the Federal Tax Authorities (FTA) by delivering the best tax consultancy services.

Our assortment of services includes accounting services, book-keeping services, VAT accounting and training, VAT consultancy and training, Outsourced accounting, Audit arrangements during company setup and liquidation. We offer these services bundled in value-for-money priced packages.
We also specialize in providing a wide range of services in the field of VAT, Excise, Customs, Service Tax, SEZ/ Free Zones, and recently implemented GST. Our board range of services includes Advisory, Tax Restructuring, Representation, Advocacy, Due Diligences, Litigation Management, and Compliance Management.

Accounting Services:

Data entry for sales/ purchases/ bank/ loan transactions/ inventory
Passing of journal entries for expenses/ payment/ receipt entries for transactions executed through non-banking channel
Monthly book closure entries based on VAT workings/ VAT payment/ carry forward
Annual book closure entries and any other adjustment entries as may be relevant
Reporting (in electronic format) on quarterly basis:

  • Trading/ Profit and Loss Account
  • Trial Balance
  • Balance Sheet
  • Ledger Extracts

VAT Service Offerings

Meticulous examination of balance sheets.
In-depth introduction of VAT laws in UAE and providing contacts of tax agents with assistance in transition to VAT regime
Review of existing business transactions and highlighting VAT impact
Undertaking routine VAT compliance effectively to ensure quality.
Accurate and quick tax filing for your company.
Updation on new FTA’s legislations and rules.
Versatile dealing on financial and legal issues with consultancy support from experts.

We offer custom tax and accounting services for small, medium and large enterprises. We carefully track FTA compliances and adhere to strict procedures that befit your business to get better refunds and dwindling tax liabilities.