All the companies or the taxable person needs to maintain books of accounts as per the provisions of the UAE VAT law. In addition to that, the tax authority also has the discretionary powers to ask for the additional documents such as annual statements, general ledger, purchase day book, invoices issued; invoices received credit notes, debit notes, VAT Ledger and other evidence of the VAT. As per the newly introduced UAE VAT law the books of accounts and records are to be maintained for five years
When it comes to VAT compliance in Dubai, you can trust us as your partners who will keep your company 100% compliant with VAT regulations. Our team will be involved at every stage of the process followed by a post-adoption review and continuously updating you about the amendments to the laws.