Challenge : VAT Advisory
Carefully filed accurate Returns which have passed scrutiny from the VAT Authorities
For our MSME clients, Credence has provided professional service in terms of VAT Returns filings and quality advice. This has allowed their returns to be filed timely and in a manner consistent with the UAE VAT Law. Some of our clients had applied for VAT Refunds at which time the FTA had asked gone into great detail regarding the refund claims. Credence had provided these details and had proved that the amounts in the VAT Returns matched the accounting exactly and these refund claims were completely paid off without a single deduction.