BRISK Auditing

🌟 Your VAT Obligations After Registration 🌟 1️⃣ Issue Tax Invoices Always provide valid tax invoices for each sale of taxable goods or services. This is key to staying tax compliant. 📝✅ 2️⃣ Timely Tax Returns Typically, tax returns are due quarterly. Make sure to submit yours by the 28th day after each tax period ends, or the next working day if it's a holiday or weekend. ⏰📅 Keep these obligations in mind to ensure compliance and avoid penalties! 💼🔍 Reach out for a FREE Consultation! 🌐 www.brisk.ae 📞 +971(50)8664522 📧 info@brisk.ae #VATCompliance #TaxInvoicing #TaxReturns #BusinessTips #StayCompliant #BriskAuditing

📊💡 Know Your VAT Obligations! 💡📊 Navigating VAT in the UAE can seem daunting, but understanding the basics can save you time and avoid penalties! ✅ 1️⃣ VAT Registration: Mandatory if your taxable supplies/imports exceed AED 375,000 in 12 months or are expected to do so. Voluntary registration is available for lower thresholds. 2️⃣ VAT Categories: 5% VAT Rate: Applies to most supplies. Zero-Rated Supplies: Includes exports, international transport, certain transport means, and specific precious metals. Exempt Supplies: Certain financial services, bare land, and local passenger transport. 3️⃣ Record-Keeping: Maintain detailed accounting, wage records, fixed asset info, and inventory statements. Stay informed, stay compliant! 📈🔍 Reach out for a FREE Consultation! 🌐 www.brisk.ae 📞 +971(50)8664522 📧 info@brisk.ae #VAT #BusinessCompliance #UAE #TaxTips #BriskAuditing

Discover top strategies for streamlining business processes in Hamriyah Free Zone! 🚀✨ Explore our latest insights and expert tips in our new blog post. Click the link to read more! 👉 https://lnkd.in/dCC2xW95 Reach us for a Free Consultation! 📞 +971(50)8664522 #BusinessStrategy #HamriyahFreeZone #EfficiencyTips #BriskAuditing

🔍 Explore VAT: Zero-Rated vs. Exempt Supplies 🔍 🌟 Ever wondered about the differences between zero-rated and exempt supplies under VAT? ℹ️ Zero-rated supplies (charged at 0% VAT) allow businesses to recover VAT on expenses, benefiting sectors like exports, education, and healthcare. 🚫 Exempt supplies, on the other hand, are not subject to VAT, impacting areas such as residential rent and financial services. 👩💼 Whether you're a business owner or simply curious, understanding these distinctions is crucial for financial planning and compliance. 💬 Dive into the details today! Reach out for a FREE Consultation! 🌐 www.brisk.ae 📞 +971(50)8664522 📧 info@brisk.ae #VAT #TaxEssentials #BusinessAdvice #BriskAuditing

🚀 Unlock the Future of Mergers and Acquisitions with Technology! 🤝💻 Discover how cutting-edge technology is transforming the M&A landscape, from streamlined due diligence to seamless integration. Dive into our latest blog to explore the pivotal role tech plays in driving successful mergers and acquisitions. 🔗 👉 https://lnkd.in/dGyuz2i6 Reach us for a Free Consultation! 📞 +971(50)8664522 #Technology #MergersAndAcquisitions #Innovation #BusinessGrowth #DigitalTransformation #BriskAuditing

Discover the top 5 benefits of outsourcing your internal audit functions! Enhance your business efficiency, reduce costs, and gain access to expert knowledge. Read more about how outsourcing can transform your internal audit process on our latest blog. 🔗 👉 https://lnkd.in/dJVdjyt5 Reach us for a Free Consultation! 📞 +971(50)8664522 #InternalAudit #Outsourcing #BusinessEfficiency #CostReduction #ExpertKnowledge #AuditProcess #BusinessGrowth #FinancialManagement #CorporateGovernance #BriskAuditing

ℹ️ Understanding VAT: Zero-Rated vs Exempt Supplies Did you know? Zero-rated and exempt supplies play a crucial role in VAT regulations. Zero-rated supplies are subject to a 0% VAT rate, meaning they're still taxable but with no additional charge. On the other hand, exempt supplies are not subject to VAT at all. Whether you're exporting goods, providing certain healthcare or educational services, or dealing with international transport, knowing the difference can impact your VAT obligations. Stay informed to manage your business taxes efficiently! Reach out for a FREE Consultation! 🌐 www.brisk.ae 📞 +971(50)8664522 📧 info@brisk.ae #VAT #Taxation #BusinessTips #ZeroRated #ExemptSupplies #BusinessStrategy #BriskAuditing

📊 Want to optimize your corporate tax liability in the UAE? 🏢 Dive into our latest blog to discover key strategies and insights that can help your business save on taxes while staying compliant. Click the link below to read more and take your tax planning to the next level! 💼💡 🔗 Read the Blog: 👉 https://lnkd.in/dzQCcaVK Reach us for a Free Consultation! 📞 +971(50)8664522 #CorporateTax #UAE #TaxOptimization #BusinessStrategy #TaxPlanning #BriskAuditing

📢 Exciting News for Multinationals in the UAE! 🌍💼 The UAE is gearing up to implement the OECD's Pillar Two rules, ensuring a global minimum tax rate for large multinationals. 🇦🇪💡 Until then, these corporations will adhere to the UAE's Corporate Tax regime. Curious about what qualifies as a "large multinational"? 🌐 A business with consolidated global revenues exceeding the UAE Dirham equivalent of EUR 750 million fits the bill. The Ministry of Finance has announced that Pillar Two won't be in effect in 2024, but a public consultation will begin in Q1 2024. 📆 Stay tuned for updates on the Pillar Two proposals and how they will shape the tax landscape in the UAE! Reach out for a FREE Consultation! 🌐 www.brisk.ae 📞 +971(50)8664522 📧 info@brisk.ae #UAE #CorporateTax #PillarTwo #GlobalMinimumTax #OECD #Multinationals #Finance #TaxReform #BriskAuditing

🌟 Discover the Essentials of VAT for Businesses in the UAE! 🌟 🔍 Are you a business in the UAE wondering about VAT requirements? 📈 Learn why VAT registration might benefit your business, even if you're just starting out. 💼 Understand the advantages of reclaiming VAT on your business expenses and maintaining accurate financial records. 📝 Whether you're exceeding thresholds or starting fresh, ensure compliance and explore your VAT options today! 🌐 www.brisk.ae 📞 +971(50)8664522 📧 info@brisk.ae #UAEBusiness #VATRegistration #FinancialResponsibility #BusinessGrowth #BriskAuditing