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VAT compliance in Dubai is a critical aspect of business operations, requiring adherence to the UAE's VAT regulations introduced in 2018. Companies must accurately record VAT on taxable goods and services, file returns regularly, and ensure timely payment to avoid penalties. This involves maintaining detailed financial records and understanding VAT classifications. Professional accounting firms in Dubai offer specialized VAT compliance services, helping businesses manage their VAT obligations efficiently. These services include VAT registration, return filing, and advisory, ensuring that companies stay compliant with the Federal Tax Authority's requirements, thereby avoiding legal issues and optimizing tax strategies.
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