Who We Are
At Zaebek, we are dedicated to providing top-tier financial services that empower businesses to thrive in a competitive marketplace. With a team of seasoned professionals, we blend expertise, innovation, and a client-centric approach to deliver solutions that drive success. Choosing Zaebek means partnering with a team that is committed to your success. We are not just service providers; we are your strategic allies, dedicated to understanding your unique needs and delivering solutions that exceed expectations. Let us help you navigate the complexities of the financial landscape with confidence and precision.
Our Values Are Non Negotiable
Confidentiality
Transparency
Integrity
Diversity
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What our clients say
Zaebek Consultancy Services has been instrumental in managing our accounting needs and guiding us through tax planning. Their comprehensive approach and personalized service have been key to our financial success.
The management advisory services from Zaebek Consultancy Services have been invaluable. Their recommendations have led to improved operational efficiency and increased profitability. We’re thrilled with the results!
From tax planning to corporate tax advisory, Zaebek Consultancy Services has been a reliable partner. They’ve helped us navigate complex tax regulations with ease, ensuring our business remains compliant and financially efficient.”
The accounting team at Zaebek Consultancy Services has been exceptional in managing our books. Their attention to detail and timely reporting have given us confidence in our financial management
Outsourcing our bookkeeping to Zaebek Consultancy Services was one of the best decisions we made. Their team is professional, responsive, and always accurate. They’ve made our financial processes so much smoother
Navigating the complexities of tax compliance was a challenge until we partnered with Zaebek Consultancy Services. Their expertise has saved us both time and money, ensuring we stay compliant without stress.
Clients That We Have Serve
Why Zaebek Is The Name Of Trust?
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Only those expenses that are subject to VAT can be included. Include purchases of goods and services which are subject to UAE VAT.
Exclude purchases of goods and services which are:
Exempted from UAE VAT; or
Out of scope of UAE VAT. Note:
The figure must only be reported in UAE Dirhams (AED.
The taxable expenses starting from the trade license issue date or VAT commencement date in UAE — whichever is later — should be provided as part of the registration application.
Exempt supplies include the following:
- Supplies of certain financial services.
- Supplies of residential buildings other than the first sale.
- The supply of bare land.
- The supply of local passenger transport.
When you register for VAT, you are registering the person that is operating a business, not the business itself. A person can be an individual (i.e., operating as a sole trader), or a legal person or another form of entity (e.g., an unincorporated body such as a charity or club, a partnership or trust). A VAT registration covers ALL of the business activities undertaken by the registered person. When you apply for VAT registration, we will ask you for information relating to the person that is to be registered and the current/intended business activities of that person.
If you qualify to join a Tax Group (if resident in the UAE, associated and which meet specific control criteria) and you do not have an existing VAT TRN, please select the relevant question within this application so you could be provided with the corresponding Tax Identification Number VAT Group (TINVG) with which you can request the prospective representative member to add you to the Tax Group.
If you quality to apply for VAT registration exception, please select the relevant question within this application and provide supporting documents so you could be provided with the corresponding Tax Identification Number Exception (TINXC).
UAE-resident businesses who make taxable supplies in the UAE must mandatorily register for VAT, provided the value of their taxable supplies and imports in the last 12 months exceeded, or is expected to exceed in the next 30 days, the mandatory registration threshold of AED375,000. Non-UAE-resident businesses who make taxable supplies in the UAE must also mandatorily register for VAT, regardless of the value of its taxable supplies and imports, where there is no other person obligated to pay the due tax on these supplies in the UAE.
UAE-resident businesses who make taxable supplies in the UAE may voluntarily register for VAT if the value of their taxable supplies and imports, or taxable expenses, incurred in any past period of 12 months or less exceeded, or is expected to exceed in the next 30 days, the voluntary registration threshold of AED187,500.
A Person required to register for VAT needs to submit a registration application to the FTA within 30 days of being required to register. Registration applications shall be submitted via the EMARATAX Portal on the FTA website.
You will be required to be registered the VAT law is in force if you a business that is resident in the GCC and you are making supplies of goods or services in the UAE and either:
Your taxable supplies was more than AED375,000 in in any past period of 12 months or less; or
You expect that your taxable supplies will be more than AED375,000 in the next 30 days.
There is no registration threshold for foreign businesses who do not have a Place of Residence in the UAE and are making or expect to make supplies of goods or services in the UAE and there is no other person who is required to account for the VAT due in the UAE on their behalf. (Voluntary registration) If you are not required to register, you be eligible to apply for registration when the VAT law is in force if:
You expect that either your taxable supplies or expenses were more than AED187,500 in the last 12 months or less; or
Your taxable supplies or expenses will be more than AED187,500 in the next 30 days.
When calculating the taxable turnover figure, you must include the following:
Taxable supplies:
Standard rated supplies
Zero-rated supplies
Deemed supplies
Imported goods and services. Note:
Do not include the value of exempt supplies.
Do not include the value of imports if you are not a resident in the UAE and your customer is responsible for accounting for VAT under the reverse charge.
If you have purchased all or part of a business, Taxable Supplies made by the acquired whole or part of the business needs to be included accordingly.
The figure must only be reported in UAE Dirhams (AED).
The taxable turnover starting from the trade license issue date or VAT commencement date in UAE — whichever is later — should be provided as part of the VAT registration application.