Auditing & Assurance
SAB Auditing is a well-recognized audit firm in Dubai, providing best audit services in Dubai. At SAB, our auditors prepare an audit report which increase the credibility of your financial information by following standards of International Standards of Auditing (ISA).
SAB have experienced chartered accountants who aim to look into the broad picture of the client’s business despite the size & complexity of the figures. Our Accounting & Financial reports are in line with the International Financial Reporting Standard (IFRS).
FTA Tax Agent
SAB is a high profile tax agent in UAE. SAB is authorized by the Federal Tax Authority (FTA) to be appointed as Tax Agent by the companies & businesses to represent them before FTA. SAB will be a Tax Agent on behalf of you to handle all tax affairs with the FTA.
SAB is covering all the elements of VAT in UAE and assists you in VAT registration, VAT return filling, VAT Refund, VAT Audit, VAT Training, VAT Consultancy & VAT Deregistration. Being a VAT Agent, SAB is providing quality VAT Services in UAE as per FTA laws.
Saeed Al Bannai (SAB) Auditing of Accounts is one of the best auditing and accounting firm in Dubai. We have the most experienced and best auditing and accounting brains in our audit firm who are strongly involved to meet our client’s requirements. We are a fully integrated and professional audit firm, certified by the Ministry of Economy. Our mission is to offer timely and quality auditing services in order to help businesses to grow by making a clear strategy, by saving money & by generating more revenue. SAB Auditing of Accounts have the best Chartered Accountants in Dubai. SAB Auditing is offering exclusive VAT training sessions & offer services to cover all the aspects of VAT by the best auditors in UAE. SAB is a Certified Tax Agency by the Federal Tax Authority (FTA).
International Standards of Auditing (ISA)
International Financial Reporting Standard (IFRS)
Experienced & Professional VAT specialists
Certified Tax Agency by Federal Tax Authority (FTA)
Saeed Al Bannai
Financial Sector Experience
Insurance Sector Experience
Government Sector Experience
Certified Tax Agents in UAE by 'Federal Tax Authority (FTA)'
Latest News & Trends
Ultimate Beneficial Ownership UAE recently replaced Cabinet Decision No. 34 of 2020 with Cabinet Resolution No. 58 of 2020 on the Regulation of the Procedures Related to Real Beneficiaries (“Decision”). Electronic money institutions are subject to the law on the prevention of money laundering and the financing of terrorism under which they must satisfy client Read more about Ultimate Beneficial Owner(UBO) Declaration[…]
VAT Registration Services SAB Auditing is offering VAT registration services in Dubai, UAE to get the Tax Registration Number (TRN) for your company in UAE. It is compulsory for all the companies and individuals having annual turnover of DH 375,000 or more to register for VAT in the United Arab Emirates. The UAE government implemented Read more about VAT Registration Services in Dubai, UAE[…]
Economic Substance Regulations (ESR) Economic Substance Regulations (ESR) in UAE has been recently introduced, and as a result, all UAE businesses that may be subject to these regulations should be prepared to take action and ensure compliance. This legislation (collectively, referred to as the “Economic Substance Regulations“) were issued in response to the UAE’s inclusion Read more about Economic Substance Regulations (ESR)[…]
Tourists can claim VAT Refunds in shopping malls and hotels in UAE. Visitors can reclaim their taxes on shopping from the Self-Service Kiosks which will be set up at major shopping malls and hotels across the UAE. “The Value Added Tax (VAT) Recovery Self-Service Kiosks for Tourists scheme has been expanded to be available at Read more about Tourists can claim VAT Refunds in Shopping Malls and Hotels in UAE[…]
Complete UAE Excise Tax List Federal Tax Authority (FTA) has issued a complete list of excise tax in UAE along with the standard excise tax rate on all the excise goods. The goods that will be charged under excise tax in UAE will be: Carbonated Drinks This includes any aerated beverage and any concentrations, powder, Read more about UAE Excise Tax List[…]
Reverse Charge Mechanism under VAT What is Reverse Charge Mechanism (RCM)? Reverse Charge Mechanism (RCM) under VAT eliminates the responsibility for the businesses outside the UAE to register for VAT in UAE. The reverse charge mechanism under VAT is mainly used for transactions from cross the border. In a typical business, the supplier supplies goods to Read more about Reverse Charge Mechanism under VAT[…]
VAT on Discounted price in UAE Since the implementation of VAT in UAE, businesses are confused about the treatment of VAT on Discounted price in UAE. Strategy of discount is not new for the businesses but how to calculate VAT on discounted invoice in new for them. Discount is actually a reduction in the original price. Read more about How to treat VAT on Discounted price in UAE?[…]
VAT Deregistration in UAE VAT Deregistration in UAE is an online process. Businesses and individuals who are registered under Federal Tax Authority (FTA) can de-register from VAT in two situations: If their turnover did not exceed AED 187,500 in the 12 months after registering with the FTA, they must apply for the VAT Deregistration. If Read more about VAT Deregistration in UAE[…]
VAT Voluntary Disclosure A voluntary disclosure is a form provided by Federal Tax Authority (FTA) to allow businesses and taxpayers to notify FTA about the errors/mistakes and omission/changes in a Tax return or Tax Refund. A VAT Voluntary disclosure form 211 in UAE helps a taxable person to make correction in the errors they have Read more about VAT Voluntary Disclosure UAE[…]
Tax Errors and Fines for Construction Sector VAT for construction companies is a complicated subject. Construction sector will be included in the VAT regulations and will attract the Standard rate of 5% VAT. Companies in the construction sector needs to plan in advance due to the long term of their projects. There are complications in Read more about VAT for Construction Companies[…]