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HLB Hamt
United Arab Emirates
Приєднався 19 лип 2017
Founded in 1999, HLB HAMT is a dynamic and fast-growing professional organization committed to maintaining the highest standards of quality and providing comprehensive and specialist services both in the Middle East and abroad. Our team consists of 14 partners and over 210+ professional experts. We provide superior auditing, advisory and consulting services. Having 7 offices currently in UAE and one in Qatar, HLB HAMT is able to offer national and international clients the benefits of a global vision with a focused attention. We are an Independent member of HLB International, which is a leading global network comprising locally well-established member firms which mostly rank among the top 11 internationally. Inspired for more than 40 years, HLB International is present in 157 countries, with 38,732 people strong with, 1030 member firm offices worldwide.
UAE VAT Audit: Common Non-Compliances and How to Avoid Penalties || HLB HAMT Talks
Welcome to HLB HAMT Talks! Today, we dive into the critical aspects of VAT audits in the UAE and highlight major non-compliances that often result in heavy penalties. Since the introduction of VAT in January 2018, the Ministry and Tax Authorities have issued numerous updates, and it's crucial for businesses to stay compliant to avoid unforeseen risks.
In this video, we cover major non compliances identified during the Audit:
1. Non-availability of accounting records
2. Incorrect tax classification
3. FTA audit file format requirements
4. Inadequate documentation
5. Ineligible input VAT claims
6. Industry-specific non-compliances in healthcare, transportation, logistics, real estate, and sole establishments
Ensure your company is audit-ready and compliant with VAT laws to avoid penalties. Conducting a trial audit can help identify potential issues and safeguard your business. For more information, contact HLB HAMT today!
Contact us:
📞 +971 4 327 7775
📧 dubai@hlbhamt.com
🔗 hlbhamt.com/
🔔 Don't forget to subscribe for more insights on VAT and corporate tax!
#VAT #UAEVAT #TaxAudit #HLBTaxTalks #TaxCompliance #Accounting #Finance #Business #VATRegulations #TaxPlanning #TaxPenalties #FTA #UAE #AuditReady #VATCompliance #TaxAdvisors #BusinessStrategy
HLB HAMT Corporate Office
Address: Level 18,
City Tower-2, Sheikh Zayed Road
Dubai, United Arab Emirates
Tel: +971 4 327 7775
E-mail: dubai@hlbhamt.com
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Subscribe to Our Channel to know more about the latest information about UAE businesses, Tax, Accounting, Audit, VAT, etc.: ua-cam.com/channels/lF1.html...
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WHO WE ARE:
HLB HAMT is an independent member firm of HLB International, the global advisory and accounting network. As a member of a leading global organization that has over 27k+ people in 800+ offices in 150+ countries, HLB HAMT has the scale to meet the clients’ professional appetite and needs, always with the insight and dexterity that empowers one to stay a step ahead.
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Follow Us on Facebook:
HLBHamtUAE
Follow Us on LinkedIn:
ae.linkedin.com/company/hlb-hamt
Follow Us on Twitter:
HLB_Hamt
Follow Us on Instagram:
hlbhamt
Review Us on Google:
g.page/r/CWaJ9sQhMg5-EB0/review
In this video, we cover major non compliances identified during the Audit:
1. Non-availability of accounting records
2. Incorrect tax classification
3. FTA audit file format requirements
4. Inadequate documentation
5. Ineligible input VAT claims
6. Industry-specific non-compliances in healthcare, transportation, logistics, real estate, and sole establishments
Ensure your company is audit-ready and compliant with VAT laws to avoid penalties. Conducting a trial audit can help identify potential issues and safeguard your business. For more information, contact HLB HAMT today!
Contact us:
📞 +971 4 327 7775
📧 dubai@hlbhamt.com
🔗 hlbhamt.com/
🔔 Don't forget to subscribe for more insights on VAT and corporate tax!
#VAT #UAEVAT #TaxAudit #HLBTaxTalks #TaxCompliance #Accounting #Finance #Business #VATRegulations #TaxPlanning #TaxPenalties #FTA #UAE #AuditReady #VATCompliance #TaxAdvisors #BusinessStrategy
HLB HAMT Corporate Office
Address: Level 18,
City Tower-2, Sheikh Zayed Road
Dubai, United Arab Emirates
Tel: +971 4 327 7775
E-mail: dubai@hlbhamt.com
---------------------------------------------------------------------------------------------------------------
Subscribe to Our Channel to know more about the latest information about UAE businesses, Tax, Accounting, Audit, VAT, etc.: ua-cam.com/channels/lF1.html...
---------------------------------------------------------------------------------------------------------------
WHO WE ARE:
HLB HAMT is an independent member firm of HLB International, the global advisory and accounting network. As a member of a leading global organization that has over 27k+ people in 800+ offices in 150+ countries, HLB HAMT has the scale to meet the clients’ professional appetite and needs, always with the insight and dexterity that empowers one to stay a step ahead.
---------------------------------------------------------------------------------------------------------------
Follow Us on Facebook:
HLBHamtUAE
Follow Us on LinkedIn:
ae.linkedin.com/company/hlb-hamt
Follow Us on Twitter:
HLB_Hamt
Follow Us on Instagram:
hlbhamt
Review Us on Google:
g.page/r/CWaJ9sQhMg5-EB0/review
Переглядів: 348
Відео
VAT & Corporate Tax Impact on Sole Establishments in the UAE | HLB HAMT Talks
Переглядів 72921 день тому
Welcome to HLB HAMT Talks! In this video, we dive into the crucial aspects of VAT and Corporate Tax (CT) that every sole establishment in the UAE needs to know. A sole establishment is a business structure 100% owned by a person. We'll cover: 1. VAT Registration Obligations: Understand the requirements for VAT registration when owning multiple sole establishments. 2. Corporate Tax Requirements:...
Episode 7 - Safeguard Your Business with Regular VAT Health Checks in the UAE || HLB HAMT Talks
Переглядів 1443 місяці тому
Confused by VAT complexities in the UAE? This episode of HLB HAMT Talks explores the importance of regular VAT health checks for businesses operating in the United Arab Emirates. With ever-evolving regulations and potential for non-compliance, even diligent companies can face challenges. Learn how VAT health checks can help you: • Identify areas of non-compliance in your VAT processes. • Ensure...
الامتثال لضريبة القيمة المضافة - دليلك الوحيد لتجنب الغرامات|VAT Compliance-Guide to Avoid Penalties
Переглядів 1233 місяці тому
هل تلتزم بلوائح ضريبة القيمة المضافة في دولة الإمارات العربية المتحدة؟ التدقيق الضريبي قادم. هل أنت مستعد؟ يعد الاستعداد للتدقيق الضريبي أمرا ضروريا لتجنب العقوبات الكبيرة غير المتوقعة والحفاظ على الأعمال في الدولة Hala Fouad بمساعدة أخصائي الضرائب لدينا نساعدك على حل الصعوبات التي واجهتك hlbhamt.com/ لمزيد من المعلومات ، قم بزيارة موقعنا #Audit #AuditReadiness #FTA #FTAAudit #UAEAudit #UAETax ...
VAT Treatment for Bunkering Business in the UAE || HLB HAMT
Переглядів 1893 місяці тому
Explore the VAT Treatment of Bunkering Business in the UAE with our tax expert Mr. Jay Krishnan! Dive into the intricate world of bunkering and VAT in the UAE with us! Learn how VAT impacts bunkering operations and stay informed on the latest regulations. Stay tuned for insights on the taxability and updates! Connect with our experts at tax@hlbhamt.com for personalized guidance. Jay Krishnan is...
Episode 6 | Understanding Legal vs. Beneficial Ownership for UAE Corporate Tax | HLB HAMT Talks
Переглядів 853 місяці тому
Unveiling the Impact on Your Tax Obligations This video by HLB HAMT Talks dives deep into the concepts of legal ownership and beneficial ownership, crucial for navigating the UAE corporate tax landscape. In this video, you'll learn: - The distinction between legal ownership vs. beneficial ownership of assets. - How ownership structure affects recording assets and income taxation. - Practical ex...
Episode 5 | Financial Statements and Audit Requirements for UAE Corporate Tax | HLB HAMT Talks
Переглядів 3654 місяці тому
Confused about financial statements & audits requirements for UAE Corporate Tax? This video explains everything you need to know! - Accepted accounting standards (IFRS & IFRS for SMEs) - Key differences between the standards - When an audit is mandatory for your business - Option for cash basis accounting for small entities Watch Now & Simplify Corporate Tax Compliance! Stay ahead of the game w...
Episode 4 - Understanding Foreign Tax Credit in the UAE's Corporate Tax Framework| HLB HAMT Talks
Переглядів 1054 місяці тому
Are you a UAE business facing potential double taxation on foreign income? This video explores the concept of Foreign Tax Credit (FTC) within the UAE's corporate tax regime. Learn how FTC can be a valuable tool to mitigate double taxation and reduce your overall tax burden. In this video, we cover: - Double taxation concerns for UAE businesses with foreign income - How Foreign Tax Credit works ...
Episode 3 - Decoding Deferred Tax & Its Impact on Your Company | HLB HAMT Talks
Переглядів 1114 місяці тому
Confused about mismatched profits on your financial statements? Deferred tax might be the culprit! Join us as we unravel this crucial accounting concept and its impact on your company's financial health and decision-making. HLB HAMT guides you through: - Understanding the "deferred tax dilemma": Bridging the gap between accounting and tax rules. - Real-world examples: Diving into fair value adj...
Episode 2 - Hidden Key to UAE Tax Residency: Unveiling the Place of Effective Management (POEM)
Переглядів 1695 місяців тому
Thinking of starting a company in the UAE? Hold on! Your UAE tax residency isn't just about location. The Place of Effective Management (POEM) holds the key. In this episode, we navigate the complexities of POEM and its impact on your UAE corporate tax obligations. Join us as we: - Decode the OECD guidelines on POEM. - Analyze a real-world example with UAE & KSA entities. - Discuss tax implicat...
Episode-1 Navigating the 0% Tax Advantage for Free Zone Companies in the UAE | HLB HAMT Talks
Переглядів 2215 місяців тому
In this informative talk, our experts at HLB HAMT provide insights into the conditions required for free zone companies to maintain their 0% tax status under the new UAE corporate tax law. Discover the key factors that contribute to adequate substance, earning a qualifying income, transfer pricing compliance, and the de minimis requirement. Stay ahead of the game with HLB HAMT Talks and ensure ...
Accounts Payable Outsourcing Services in UAE
Переглядів 3245 місяців тому
In today's fast-paced world, inefficient Accounts Payable (AP) can cost you time, money, and reputation. HLB HAMT's Accounts Payable Outsourcing Services are the solution! We help you: • Reduce Costs: Eliminate manual work and overhead expenses. • Boost Efficiency: Automate tasks and free up your team for strategic initiatives. • Improve Accuracy: Say goodbye to errors and late payments. • Gain...
UAE CORPORATE TAX QUERIES ANSWERED - Introduction | HLB HAMT Talks
Переглядів 3395 місяців тому
Are you feeling overwhelmed by corporate tax? 😩 Don't worry, we've got you covered! 😊 We will address your concerns on UAE corporate tax in upcoming videos, covering topics ranging from computing transactions to comprehending DTA and DTL in our HLB HAMT Talks.📊💰 Whether you're a business owner or an accountant, these bite-sized videos will help you navigate the complex world of corporate tax wi...
HLB HAMT: A Legendary 25-Year Journey
Переглядів 2965 місяців тому
Welcome to the official UA-cam channel of HLB HAMT! Join us as we celebrate our 25 years of excellence and reflect on a legendary journey that has shaped our success. In this video, we take you through the remarkable milestones that have defined HLB HAMT's growth and prominence in the industry. From our humble beginnings to becoming a renowned name in the market, witness the dedication, innovat...
HLB HAMT - Celebrating 25 Years of Service Excellence! 🎉
Переглядів 7795 місяців тому
HLB HAMT - Celebrating 25 Years of Service Excellence! 🎉
Demystifying UAE Corporate Tax for Partnerships: FAQ Episode 5
Переглядів 886 місяців тому
Demystifying UAE Corporate Tax for Partnerships: FAQ Episode 5
Episode 4: Unveiling the Impact of Corporate Tax on Diverse Sectors
Переглядів 757 місяців тому
Episode 4: Unveiling the Impact of Corporate Tax on Diverse Sectors
Episode 3: Corporate Tax Made Easy with HLB HAMT! Answers to Common Questions by Experts
Переглядів 767 місяців тому
Episode 3: Corporate Tax Made Easy with HLB HAMT! Answers to Common Questions by Experts
HLB HAMT I UAE National Day 2023 I Greetings in Multiple Languages
Переглядів 2567 місяців тому
HLB HAMT I UAE National Day 2023 I Greetings in Multiple Languages
Episode 2: Corporate Tax Made Easy with HLB HAMT! Answers to Common Questions by Experts
Переглядів 1048 місяців тому
Episode 2: Corporate Tax Made Easy with HLB HAMT! Answers to Common Questions by Experts
HLB HAMT Celebrates 25 Years in the UAE
Переглядів 1,7 тис.8 місяців тому
HLB HAMT Celebrates 25 Years in the UAE
Episode 1: Corporate Tax Made Easy with HLB HAMT! Expert FAQs Answered
Переглядів 1448 місяців тому
Episode 1: Corporate Tax Made Easy with HLB HAMT! Expert FAQs Answered
Understanding Different Work Patterns under UAE Labor Law | HLB HAMT
Переглядів 1849 місяців тому
Understanding Different Work Patterns under UAE Labor Law | HLB HAMT
One Root One Communi-Tree Campaign I HLB HAMT I CSR
Переглядів 349 місяців тому
One Root One Communi-Tree Campaign I HLB HAMT I CSR
HAMT TAX Tax Procedures Public Clarification TAXP006 I UAE Tax Update
Переглядів 13711 місяців тому
HAMT TAX Tax Procedures Public Clarification TAXP006 I UAE Tax Update
Top 6 benefits of Accounting Outsourcing Service in UAE
Переглядів 5111 місяців тому
Top 6 benefits of Accounting Outsourcing Service in UAE
Top 6 Benefits of Business Setup in Dubai Free Zone I Business Incorporation
Переглядів 562Рік тому
Top 6 Benefits of Business Setup in Dubai Free Zone I Business Incorporation
UAE Corporate Tax - Key Matters & Important updates I June 2023
Переглядів 2,5 тис.Рік тому
UAE Corporate Tax - Key Matters & Important updates I June 2023
HLB Communities Day 2023 I HLB UAE (Feat. Food-ATM) I Plantation Campaign
Переглядів 60Рік тому
HLB Communities Day 2023 I HLB UAE (Feat. Food-ATM) I Plantation Campaign
بالتوفيق دايما 😍
Perfect & Very Well Presented. Thanks
Great Content and nice quality
Great content and nicely delivered ✨
very informative and awesome.
بالتوفيق ودايما من نجاح لنجاح ❤❤❤❤
This is quite informative..thank you
👍
Salam walekum harijan ka visa cancel nahin kar rahi hai company mein dusri company mein jana chahta hun visa cancel kaise karvana hai
I need your help...can I contact you mam
My corporate Tax registration application is in review since last 12 days, how long it will take for approval and for the issuance of TAX REGISTRATION NUMBER (TRN)
Hi sir iam working in UAE in Last one year.I have one year visa left.I want resign from my position I give one month notice period.they asked me for tha Visa cost 7000aed. I want pay tha money or not
plz complete detals salary trasfer
Its a super cool manner presentation. Thank you sir for your great help. Love from india.❤❤❤ Please keep it up it's really very helpful for us.
Happy UAE National day🇦🇪🇦🇪🇦🇪
Happy UAE National Day 🇦🇪🇦🇪
PPT words can't see proper it is very small please increase font size when u do next PPT
Wishing all the best…
I am a tax consultant and practitioner in india, can i become tax advisor in UAE and what are the course to be completed, could you please guide me on the same
Excellent Thanks for your guidelines team...
We are a General Trading LLC company registered with Department of Economy and Tourism. While registering our company for Corporate Tax, we are unable to find business activity of "General Trading" in the Business Activity options given on the portal. Can you guide which business activity to select for General Trading LLC company?
Low voice, unable to hear
How can I get the constitution of the UAE as pdf?
What documents are required for registering tax group
Hi Ali,did you know the documents which are Needed to be upload during tax group registration process?if yes could you please share it?
Which companies and which visas are not covered by this policy is not explained...
Very well explained.good work.
Glad it was helpful!
What are nice video (content). Very brief, straight to the point, nice examples and nice volume. UAE residents like me that needs information must subscribe to best channels such as this one..
Is it true unpaid leaves not now included or given at the End of the service
Hi, Part 1 & 2 are very informative and useful videos. Could you please another video with the very new laws that came into effect just couple of days ago? Being a HRM student it will vey helpful for students like us! Thank you.
Hello sir, I'm watching a lot of videos on youtube to find out taxes and accounting in UAE for coming working im there, you'll be the 1st farm that I'm gonna send my resume for 😁, Thanks for information that you are giving us all the time with every update
Parental leave, the Article is 32. Pls correct me if I am wrong
good morning sir. I'm working here in u.a.e abu Dhabi i want to resign I'm 8months here but my boss only give me id and give me visa last month October 2022 ,i come here march 2022 bit my id and resident visa only 1month she process very late, can i resign even my visa id and Visa 1month only. but I'm 8months here
Sir need to ask some questions?
How about my problem im khadama im 4 yrs no icrease my salary still 1500 no day off no hold id no copy contract what im ganna do
Report to embassy they will contact authority
Very good information helpful and great advice excellent explanation amazing knowledge opportunity your support and efforts import export business dubai uae lessons will done salute sir very important points solutions business basis of taxation matters and valuable useful analysis video thanks you God bless you always sisters and brother thanks you jai hind 🇮🇳 I am from India 🇮🇳🙏
Very good information helpful and great advice excellent explanation amazing knowledge opportunity your support and efforts import export business dubai uae lessons will done salute sir valuable video thanks you God bless you always sir jai hind 🇮🇳 I am from India 🇮🇳
Thanks and welcome
Very good information helpful and great advice excellent explanation amazing knowledge useful valuable video thanks you God bless you always sir jai hind 🇮🇳I am from India 🇮🇳🙏
We hope that this law practically applies too else many employee rights are violated.
Volume is too low :-(
Agreed 👍
Sir i need kind help if i come back from vacation 15 days late without company information what the action can take the company?
As per Article 44_8, The company has the option to terminate the employee. If the worker is absent without a lawful reason or excuse for more than (20) twenty intermittent days or more than (7) seven consecutive days during one year.
@@HLBHamtUAE thank you so much, And company can charge the fine also?
Please explain article 51, I am totally confused about article 51
Please click in the link for a detailed explanation on article 51. hlbhamt.com/uae-gratuity-policy-and-settlement/
Do you have any RPA opening in UAE?
What about the Annual leave Wage calculation based on the new law is it calculated on basic pay + HRA or against the full salary if the employee completed one year of service
@emmanuel Annual leave Wage calculated on only basic salary
Sir i need kind help if i come back from vacation 15 days late without company information what the action can take the company?
😈 p♥r♥o♥m♥o♥s♥m
ρɾσɱσʂɱ
promosm
❤️🐃🐐⛵🐦🐟🎇🇲🇨👍⚽🎧🦆🍊
👍
Thank you for your response.
should it be filed with MOF or to each specific authority
Is it required for foriegn company branch?
Yes, get in touch with our consultants at UBO@hlbhamt.com