VAT Consultancy Services
- MOE (Ministry Of Economy) Approved Auditors
VAT Consultancy Services in the UAE
Strategic VAT planning that goes beyond filing forms, from advisors registered to represent you before the FTA.
VAT compliance in the UAE requires accurate records, timely filings, and a clear understanding of FTA regulations. Farahat & Co. provides professional VAT consultancy services tailored to each client’s business structure, industry, and specific tax requirements, helping businesses stay compliant, avoid penalties, and manage their VAT obligations efficiently.
- Registered FTA tax agent, authorised to represent your business directly before the Authority
- Strategic planning beyond compliance, covering cross-border transactions, reverse charge treatment, and tax grouping
- Current on VAT law changes, including the input tax recovery reforms taking effect in 2026
VAT consultancy at Farahat & Co. goes beyond return filing, providing strategic advice, risk management, and ongoing compliance support tailored to your business
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Our Specialists In VAT Consultancy Services
Dr. Imad Kutum
Participant - Audit
Dr. Imad Kutum
Participant - Audit
Dr. Imad Kutum
Participant - Audit
Dr. Imad Kutum
Participant - Audit
Dr. Imad Kutum
Participant - Audit
As a Trusted VAT Consultancy in the UAE, Farahat & Co. Offers the Following VAT Services:
What Does a VAT Consultant Do?
Add Your HeadinIndependent audit work that satisfies regulators, banks, and shareholders, without disrupting how your business actually runs.
A VAT consultant helps businesses meet their UAE tax obligations accurately and efficiently, going beyond return filing to provide strategic advice, risk management, and ongoing compliance support. Our team supports businesses across the full range of VAT needs, coordinated under one relationship:
- Registration and deregistration, handling document collection, eligibility verification, and the full application process, or managing deregistration where a business no longer meets the threshold or has ceased trading
- VAT return filing, reconciling sales, purchases, and expense records before submission
- Compliance management, ensuring transactions, invoices, and records meet FTA documentation requirements
- Audit support and dispute resolution, preparing audit-ready documentation and representing businesses during FTA audits and disputes
VAT Advisory and Strategic Planning
Effective VAT planning helps businesses structure their operations efficiently, manage tax exposure, and stay ahead of compliance obligations. Our advisory work covers:
- Registration structure guidance, including whether to register as a single entity or as part of a tax group, and the implications of each
- Reverse charge mechanism advisory, ensuring correct application for imports and cross-border transactions received from outside the UAE
- Invoice compliance, setting up standard and simplified invoicing systems that meet FTA requirements
Financial Statement Requirements for ICV Certification
ICV certification is based on audited financial statements, and getting this part right is essential to avoid delays or rejection.
- Standard requirement: audited financial statements prepared in accordance with IFRS, not older than two years from the certification year, and signed by a licensed auditor registered with the UAE Ministry of Economy.
- New companies: businesses less than 10 months old without audited financial statements can use management accounts covering up to 9 months instead, provided they are properly documented.
- Stand-alone entity requirement (effective 1 January 2025): for ICV certificates covering financial years ending after 31 December 2024, MoIAT now requires stand-alone audited financial statements specific to the exact legal entity being certified. Bifurcated management accounts derived from a consolidated group statement are no longer accepted.
Multiple licences: where a company holds both manufacturing and commercial licences, accounting records must be split by activity, and a separate ICV certificate is issued for each licence. - NAFIS registration: private companies must complete NAFIS registration as Partners, regardless of their current Emirati headcount, and this should be checked early, since incomplete registration can delay certification.
