we are experts in financial & corporate services
With our expertise to interpret and implement VAT, we provide end to end VAT consultation along with hand-holding services to support the business organization for easy operation of a business.
360 Degree VAT Health Check
Through a hands-on approach, Horizon Biz Consultancy undertake 100% check of business transactions and reviews of the current practices, processes, through VAT Tax view point before filing of VAT Return or as per the time frame decided.
UAE Excise Law
The UAE government introduced excise tax on carbonated drinks, tobacco products and energy drinks in 2017 and has decided to charge the same on e-cigarettes, e-liquids and several energy drinks and sweetened drinks, commencing from December 1, 2019.
Read Full Article Here: UAE Excise Law Services
What is 360 Degree VAT Check?
VAT Tax is implemented in UAE just less then a year ago. Lack of understanding has created chaos amongst business enterprises. Poor Interpretations of VAT Law & Non-compliance leads to false preparation of accounting records. The above reasons lead to filing of VAT Return with false details which attracts hefty penalties. The credit cycle has created burden on enterprises to pay VAT from their own pocket which negatively impacts the cash-flows.
To address above problems we provide: