Global VAT implementation around the world vary by country, yet noncompliance penalties are a shared trait, even in cases of unintentional or mere clerical errors. As taxation and VAT expertise is limited in the GCC, our involvement, resources and skill will ensure accurate and timely compliance, eliminating that risk all together.
Our teams can perform a complete range of VAT tax compliance services, including preparation and submission of all returns and maintenance of the support documents.
Whether you are in dispute with a tax authority, or in the process of claiming refunds, RNG specialists can help you ensure that your case or claim is professionally presented, technically sound, and properly supported in terms of documentation and evidence.
VAT - If you have the people resources for an effective compliance function, RNG can provide training to your teams to ensure that the skills and up-to-date knowledge necessary for effective compliance are instilled and maintained.
To help you pre-empt challenges in advance, identify opportunities, or overcome inefficiencies, RNG can validate your VAT structure, assumptions, processes, and documentation, and identify opportunities for improvement in processes and cash flow, as well as potential areas of contention.
When does your liability arise? On delivery or on invoicing or on receiving payment? When is the Return due? What happens if you forget to claim an input item this quarter? Can you claim it in next quarter's Return?
FOCUS ON WHAT'S IMPORTANT
WHO IS RNG Tax Consultant WHY PARTNER WITH RNG?
We are at the forefront of GCC Tax Law and Accounting Standards, actively keeping ourselves aware of the latest legislature and codes from the regulatory bodies and promptly exercising the proper solutions onto our clients' business and accounting practice.
WHAT DO WE BELIEVE IN?
We believe in 5 things
STEWARDSHIP
RNG has a committed task force to hold clients by the hand to help them manage the paperwork necessary to ensure timely and accurate compliance and smooth operations going forward.
PRESERVATION
We leverage our knowledge of the current tax framework, regulations and our principles’ expertise to ensure that our clients are paying their fair share of taxes and not a extra more.
PROTECTION
Given our expertise and complete visibility, we actively guide our clients through the right process, validate the requirements and ensure that they are on time, on point and in the clear.
EDUCATION
RNG offers ongoing training seminars to all companies that require inundating their accounting, finance and C-class employees with UAE’s tax laws and how it affects their operations and bottom line.
PEOPLE
Our assets are our people. Our talented, resourceful and spirited people are the very best technically in terms of competence, always with an eye towards service and timeliness.
At RNG, our specialists are extremely experienced and can advise on exactly what corrective action to take to rectify matters and minimize any consequences.