Home About Us What We Do

What We Do

Home About Us What We Do

What We Do

by mbrotzakis

Expert VAT & Tax Advisors

We have a strong client focus and we provide more than simply tax advice.  We are providing well documented and efficient expert VAT & Tax advice and support based on our expertise.

Our team is technically excellent and we have invested a lot to find and provide the best VAT consultants from Europe.

Although VAT is common in many countries around the globe, GCC has elected to base its VAT framework in the one used in the European Union.  The main reason being, Europe and GCC having a customs union, which makes VAT application unique.  Cross-border VAT transactions within the customs union (GCC) can’t be easily covered by VAT consultants outside the European Union, because they are unique in the EU and the GCC.  Therefore, we believe that whoever trades goods and offers services in the GCC should trust European VAT Consultants for efficiency and knowledge.

Our services span VAT assessment, VAT registration, VAT implementation, VAT compliance, VAT agent, VAT filing, VAT training, VAT dispute resolution, double tax agreements application, tax advising, all with the singular focus to help clients achieve maximum value.

We help local & multinational companies in the GCC

[vc_toggle title=”To assess the impact of VAT” color=”blue” el_id=”1475581820435-e01154b2-09aa”]VAT will be implemented in the GCC from January 1st 2018.  Gulf Tax Consultants have an expert team of European Tax Consultants that can help companies of every size and in every industry to assess the impact VAT will have in every aspect of their operations.  Indicatively VAT has impact on the following:

  • Purchase and Sale of Goods
  • Purchase and Sale of Services
  • I.T Systems
  • Finance  – Bookkeeping & update on law changes
  • Finance – Cash-Flow & Admin Expenses
  • Legal – Contracts with Customers & Suppliers
  • H.R – Outsource employment & employee benefits
  • Compliance – VAT filing & retention of records

[/vc_toggle][vc_toggle title=”To implement VAT” color=”blue” el_id=”1475581861085-6b4f71d3-b532″]Gulf Tax Consultants have an experienced team of European Tax Consultants and a tested implementation system that can accelerate the implementation of VAT.  Implementation is dependent on the industry and size of each company and it must indicatively address the following:

  • Identification of goods and services by VAT rate
  • Testing and compliance of IT systems
  • Update of company-wide procedures
  • Update of chart of accounts
  • Introduction of VAT controls
  • Personnel Training

[/vc_toggle][vc_toggle title=”To comply with VAT” color=”blue” el_id=”1475581862458-32a12b48-64f6″]The cornerstone in the application of every tax system is compliance.  It helps to minimise tax risk exposure from incorrect payment of taxes either due to incorrect application of law or lack of sufficient documentation during a tax audit.

Our team of expert European VAT Consultants can assist your company in:

  • Assessing current VAT compliance practices.
  • Implementing VAT compliance procedures and controls.
  • Reviewing IT systems for VAT compliance.
  • Reviewing and enhancing retention systems, procedures and controls.

[/vc_toggle][vc_toggle title=”When you need reliable VAT filing” color=”blue” el_id=”1494229964514-75b993f4-4082″]Is your accounting team filing VAT correctly.  Are all reporting fields correct?  Can my Quarterly VAT filings be verified in a potential tax audit?

All GCC companies will come to answer the above questions in 2018 and Gulf Tax Consultants with its team of expert VAT Consultants can help you gain peace of mind and know you are reporting exact figures that can be verified in any tax audit.[/vc_toggle][vc_toggle title=”When you need a regional VAT agent” color=”blue” el_id=”1475589925453-3181d29c-1601″]The VAT system to be introduced in the GCC for Januray 1st provides for certain cases where the appointment of a VAT agent is mandatory.  E-commerce companies and any company selling goods or services via the Web, need to register and pay VAT in the respective GCC country, as soon as they pass the sales threshold to be defined in each country’s domestic VAT law.

Gulf Tax Consultants has already covered the following countries:

  • United Arab Emirates
  • Oman
  • Kingdom of Saudi Arabia

and is working to have the remaining GCC countries covered by year-end.

We are already providing reliable VAT agent services in Europe and we aim to be your agent of choice in the GCC.[/vc_toggle][vc_toggle title=”When you have a VAT dispute” color=”blue” el_id=”1476282901168-73b22813-ccf9″]In all tax regimes of the world, sooner or later disputes with the tax authorities arise.  Disputes over wrong application of tax legislation or over “grey” areas of it.  We expect VAT in the GCC not to be very different and such disputes to arise after the 1st half of 2018.

Gulf Tax Consultants has the experts and can assist you in:

  • Representation in front of Tax Authorities.
  • Perform VAT Audit to safeguard the correct application of VAT law.
  • Assist and advise in any VAT Audit by the Tax Authorities.
  • Act as expert witness and offer advise to your litigation lawyers.

[/vc_toggle][vc_cta h2=”Get a free VAT Assessment of your Business” h4=”Contact us Today. ” add_button=”bottom” btn_title=”Contact us” btn_color=”danger” btn_size=”lg” btn_align=”center” btn_link=”url:http%3A%2F%2Fwww.gulf-tax.net%2Fcontact%2F||target:%20_blank|”]We, at Gulf Tax, understand the uncertainty VAT brings to GCC companies and we have elected to help the business community safely navigate the risks of this new Tax.  We offer a free assessment of your business and its readiness to meet the VAT challenge.  Offer is valid until June 19th 2017. Contact us today.[/vc_cta]

Markos Brotzakis
Founding Partner

Phone: +971 (0) 56 33 94 888
Mail: markos.brotzakis@gulf-tax.net

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About Gulf Tax Consultants

We are a boutique consultancy offering VAT Implementation & Tax Advisory Services.  Our Consultants have gained their experience working for established Tax Practices in Europe and Australia.  With proven track-record and an always up-to-date Team of Tax Advisors, we stand by our customers offering knowledge, expertise and peace of mind.

Read more about our services.