FTA Audit Representation as Tax Agents
An FTA (Federal Tax Authority) audit is a crucial aspect of tax compliance in the United Arab Emirates (UAE).
An FTA (Federal Tax Authority) audit is a crucial aspect of tax compliance in the United Arab Emirates (UAE). Facing an audit can be a complex and daunting process, but at Tulpar, we are here to serve as your trusted tax agents and provide expert representation during FTA audits.
Understanding FTA Audits
FTA audits are conducted by the Federal Tax Authority to ensure that businesses and individuals comply with VAT and other tax regulations in the UAE. These audits assess the accuracy of your financial records and tax returns.
Our FTA Audit Representation Services
At Tulpar, we offer comprehensive FTA Audit Representation services to businesses and individuals:
- Pre-Audit Preparation: We assess your financial records and transactions to identify potential areas of concern and ensure they are in compliance with tax regulations.
- Documentation: We assist in gathering and organizing all relevant financial data and documentation required for the audit.
- Audit Communication: We act as your intermediary with the FTA during the audit, handling all communications and inquiries on your behalf.
- Audit Defense: Our experienced tax agents provide expert defence, addressing any issues raised during the audit and presenting your case effectively.
- Negotiation: We engage in negotiations with the FTA to reach favourable outcomes and, when applicable, minimize potential penalties.
- Compliance Review: Following the audit, we provide guidance on maintaining ongoing compliance and preventing future audit issues.