FTA Approved Tax Agent in UAE

FTA Approved Tax Agency in UAE

The Federal Law No (7) of 2017 on tax procedures specifies the appointment of a tax agent to represent taxable persons before the Federal tax authority (FTA) with regards to their tax affairs and taxable obligations. Federal Law No. (7) of 2017 on Tax Procedures states tax agents as:

“Any Person registered with the Authority within the Register, who is appointed on behalf of another person to represent him before the Authority and assist him within the fulfillment of his Tax obligations and therefore the exercise of his associated tax rights ”.  

A tax agent should meet the below conditions for registration in the register of tax agents at the FTA.

1. He/She should be of good behavior and conduct.
2. He/She should hold an accredited qualification from a recognized institute showing his practical experience and specialization.
3. He/She is medically fit.
4. He/She holds valid professional indemnity insurance.

Why do Businesses need to Hire a Tax Agent in UAE?

It is not always possible for the business persons to appear for all the problems for the matters of tax and resolve them with authority (FTA) by themselves. It is necessary for businesses to appoint a professional tax agent for handling tax matters and act on company behalf for all the matters referring to the Tax/Vat.

Also, it is prohibited to practice a profession like Tax Agent without registration completion and without receival of accreditation from FTA. Doing so can constitute a legal offense. Inspire Ms Tax Consultancy is now one of the registered tax agencies within the UAE to serve the businessmen better, with TaxAgent Name as Zeeshan Ali Holding TAN #30001622.

What are the Benefits of Hiring a Tax Agent?

The United Arab Emirates tax/vat regulations are constantly changing. Our tax agent can provide structuring advice taking into consideration corporate tax issues and any structuring implications referring to indirect and direct taxes while the business owner and key management employees can focus on other important duties. Following are the benefits of hiring a registered tax agent in Dubai / Abu Dhabi, UAE:

1. VAT Registration Service.
2.  Preparing and submitting VAT/Tax Returns on behalf of your business.
3. Maintains relevant records related to tax/vat transactions.
4. Contact with Federal Tax Authority (FTA) on your tax-related matters.
5. Represents you in front of FTA, if any clarification/query is required.
6. Will respond to Federal Tax Authority on your behalf when Tax Audit or Tax Assessment will conduct.
7. Arranges and prepares all the documents for FTA during the Tax Audit or Tax Assessment.
8. Will respond to Federal Tax Authority on your behalf when Tax Audit or Tax Assessment will conduct.
9. Submits a request for reconsideration on the decision that is made by FTA.

10. WIll do proceedings for De-registration on your behalf, if required.

Contact Inspire Ms Tax Consultancy for Tax Advisory Services, Tax Consultancy Services like VAT Implementation, VAT Return Filing, VAT Compliance Review, and Tax Agent Services or Tax Audit Services.