Tax Audit Services
Tax audit services in Dubai help businesses ensure compliance by reviewing tax returns and financial records to identify discrepancies, risks, and non-compliance issues. These services also provide insights to optimize tax planning, reduce liabilities, and support informed business decisions.
Primary types of tax audits:
Correspondence audits, office audits, and field audits.
Correspondence Audits
The most common type of audit, correspondence audits, are conducted via mail. Tax authorities send notices requesting additional documentation or clarification on specific items in the tax return. These audits are typically limited in scope and can often be resolved by providing the requested information.
Office Audits
An office audit is a more in-depth examination of a taxpayer’s records, conducted at a local tax authority office. Taxpayers are typically required to bring relevant documents, such as receipts, invoices, and bank statements, to substantiate the items in question.
Field Audits
Field audits are the most comprehensive type of tax audit. They involve tax authorities visiting a taxpayer’s home or place of business to examine records and conduct interviews. Field audits typically focus on complex tax issues and large corporations.
Why Choose AW Consultancy UAE
Several factors can trigger a tax audit, including
- Discrepancies between reported income and information from third-party sources
- High income or significant fluctuations in income
- Unusually high deductions or credits
- Inconsistencies or errors in tax filings
- Business or industry-specific red flags
- Random selectio
Our Services
Why Choose AW Consultancy UAE
Our tax audit services ensure that your company complies with the tax regulations set forth by the FTA. We conduct thorough assessments of your financial statements, identify discrepancies, and provide recommendations for correcting them. This process helps minimize tax liabilities and avoid penalties.
Value Added Tax (VAT) is a crucial aspect of doing business in Dubai. Our VAT compliance and advisory services are designed to help your company meet its VAT obligations by providing support in registration, tax return filing, and accurate record-keeping.
We offer expert guidance in international tax planning and compliance for businesses operating across borders. Our team stays up-to-date with the latest tax laws and treaties to ensure that your company is in full compliance with all applicable regulations.
Transfer pricing is an essential component of multinational enterprises’ tax strategies. We provide tailored transfer pricing solutions to help your business maintain compliance with local and international tax authorities.
In the event of a tax dispute, our team of experts will work closely with your company to develop a solid defence strategy. We will help you navigate the dispute resolution process with the FTA or other relevant authorities.
Our team of certified professionals possesses extensive experience in tax audit services and stays updated on the latest tax laws and regulations.
We strive to understand your business and its unique needs, ensuring that we provide tailored solutions to suit your requirements.
We offer a wide range of tax audit services, allowing you to focus on your core business operations.
We understand the sensitive nature of tax information and maintain strict confidentiality in all our client engagements.
We are committed to delivering our services on time, ensuring that your company remains compliant with all relevant tax laws.