The Role Of A Tax Consultant In An Organization

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Tax Consultants in Abu Dhabi, also known as Tax Advisors can help you upscale your business by not just keeping your VAT and TAX Filing in check, but also provide ways in which you can save on Taxes. Here’s the Role of a Tax Consultant In An Organization and how you can benefit from it.

What is a Tax Consultant?

A person or organization that advises you on the legal affairs of your company and provides you with accurate knowledge on how you can save up on taxes is essentially your Tax Consultant. 

What is the role and responsibilities of a Tax Consultant?

Tax Consultants in Abu Dhabi have more roles and responsibilities than just being limited to filing your tax returns. Listed below are some places where they shine:

• Tax Experts Represent Clients in FTA Audits
• Prepare and Files Taxes
• Respond to notifications submitted by FTA
• Maintain your tax records
• Liaise with the FTA on matters concerning taxes
• Amend to the latest tax guidelines on your behalf
• Review documents and prevent financial malpractices

5 Ways in Which Your Organization Can Benefit From A Tax Consultant:

• Tax Consultants can ensure that your company complies with all relevant laws and regulations.
• Tax Consultants can offer to plan your taxes in a way that leads to tax savings.
• A Tax Advisor or Consultant can communicate with the FTA in a professional manner, without you having to dip your toes in. 
• A tax consultant can offer you ways to expedite your tax filing and maintenance process.

Does your organization need a Tax Consultant?

After learning everything you need to know about how a Tax Consultant can be beneficial to your organization, the question arises: Does my company really need one?
We’ve got three reasons why you should really consider getting in touch with Tax Consultants in Abu Dhabi:

1. You’re launching a new business

Before launching a business, it’s important to know in advance what financial errors can be possibly made and how to prevent them. Consulting with a Tax Advisor beforehand can also help your new business plan ways to save up on taxes and incorporate them into your routine. 

2. Incorrect Tax Calculations

As an accounting services provider in UAE, we have come across multiple businesses that end up miscalculating their taxes due to inexperienced staff. If your organization is struggling to derive correct calculations for your taxes, it is time to get in touch with a Tax Consultant.

3. Accumulated Significant Profits

If your business has recently accumulated significant profits for which taxes have not been filed yet, consulting with a Tax Consultant can help you understand how to save up on taxes and implement ways to maximize your earnings.

If you have Tax Related queries, and would like to book a Consultation for your Organization, click here to get in touch with us.