Navigate UAE Corporate Tax With Zoho Books - End-to-end compliance
Increase taxes in the UAE
The introduction of VAT was a major change for the UAE, which had been operating as a tax-exempt economy for decades. The introduction of the tax was seen as a step towards modernizing the country’s economy and creating a more sustainable revenue base. A value-added tax system was introduced at a standard rate of 5%.
The UAE’s tax authority, the Federal Tax Authority (FTA), has been established to oversee the implementation of the VAT system and ensure compliance with tax laws. The FTA is responsible for registering companies for VAT, collecting the tax and imposing penalties for non-compliance.
Here are the countless ways Zoho Books works effortlessly to keep your business VAT compliant while conserving time and resources.
- Customize your VAT framework to suit your business and succeed.
- Increase operational efficiency and productivity through automated VAT calculations.
- Seamlessly integrate UAE VAT reports for easy and efficient filing.
- Use FTA online services to import VAT data and VAT return file effortlessly.
- Ensure real-time tax compliance monitoring in the UAE.
- Take advantage of multi-currency support for seamless global business transactions.
Reigning with the new tax regime
That said, wouldn’t it be great if we made your working life easier than ever, since corporate tax has been in the news?
We’re very excited to share that Zoho Books is now ready for corporate tax. We have passed all standards set by the Federal Tax Authority, ensuring impeccable compliance and unwavering trust. Say goodbye to tax complications and hello to an easy-to-use interface that is transforming the way you manage finances. Join us on this exciting journey as we redefine corporate tax administration.
We understand that complying with the UAE corporate tax regulations can be a daunting task for many companies, especially those who are new to the tax regime. In addition to having a dedicated customer support team available 24 hours a day to assist with inquiries and provide assistance, we also create a variety of tutorials and easy guides.
At Zoho Books, we’re dedicated to helping UAE-based companies manage their finances efficiently and securely. As our customers’ needs change, our software also evolves to meet those needs.
Experience a revolution in financial management with Zoho Books! Stay tuned for exciting updates, inside tips, and exclusive information. Get ready to embrace simplicity, confidence, and excitement with Zoho Books.
Contact info@icigai.com for exclusive access.
