UAE VAT & CT: Registration, Filing, Audits & Challenges | Spectrum Auditing

Spectrum Auditing conducted an exclusive webinar on "VAT Insights - VAT Registration, Return Filings, Deregistration, Amendments, FTA Audit and CT Registration Challenges" on Friday, 7 June 2024 from 3 pm to 4 pm. This is a video recording of the webinar.
In this presentation, the following topics are discussed in details:
- Intro of VAT
- VAT Registration
- VAT Return Filing
- VAT Amendment
- VAT Refund
- VAT Deregistration
- FTA VAT Audit
- CT Registration Challenges & Deadline
- Q & A
SPEAKERS:
Mr. Balaram Vuchidi, Managing Partner, Spectrum Auditing
Mr. Rashid Mohammed, VAT & ESR Lead, Spectrum Auditing
Ms. Amrutha Mukundan, Corporate Tax Team, Spectrum Auditing
Spectrum Auditing is a Dubai, UAE based auditing, assurance, tax, accounting and consulting firm with offices in India and Oman and partners across the world. Visit:
www.spectrumaccounts.com
#spectrum #spectrumauditing #spectrumaccounting #dubai #UAE #uaecorporatetax #uaevat #valueaddedtax #VATRegistration #VATReturnFiling #VATAmendment #VATRefund #VATDeregistration #FTAVATAudit

[@sunilpinto1254]

It was a very informative session.
I have a query- during FTA Audit, which documents we have to maintain for Import and Export?
For Export, Exit paper + Export declaration is enough or any other documents we have to maintain?
Thank you

[@muhammedrashid4499]

Hello, for FTA audit the required docs to prove import and export to keep are as follows
1. Commercial invoice
2. BOE (Customs document)
3. Exit certificate/entry certificate
4. Bill of lading/airway bill
5. Also keep the SOA of customer/supplier

[@sunilpinto1254]

@@muhammedrashid4499 thank you for your response.
Pont No 3, Exit and entry certificate - we have to request this from customs separately? Bcz normally, we don't get this document from the customs.