{"id":1595,"date":"2019-05-15T19:29:04","date_gmt":"2019-05-15T13:59:04","guid":{"rendered":"http:\/\/www.mbgcorp.com\/sg\/?page_id=1595"},"modified":"2019-09-09T16:13:58","modified_gmt":"2019-09-09T10:43:58","slug":"tax-agency","status":"publish","type":"page","link":"https:\/\/www.mbgcorp.com\/sg\/tax-agency\/","title":{"rendered":"MB Group: FTA-approved Tax Agency"},"content":{"rendered":"\n<p>January, 2018 witnessed implementation of VAT in UAE which was a paradigm shift from no tax economy and the way of doing business in UAE has been impacted substantially. And to deal with the tax procedures related to the administration, collection and enforcement of Tax by the Authority, separate Decree Law Federal Law No. (7) of 2017 on Tax procedures has been notified. The law provides for the concept of \u201cTax Agency\u201d, an audit by authorities, assessment, demand, administrative penalties, tax evasion, manner of claiming a refund and other relevant aspects.<\/p>\n\n\n\n<p>The VAT rules can be complex and taxable entities require careful planning to comply completely. Non-compliance with provisions of VAT Law and FTA guidelines can adversely impact organizations in multiple ways and lead to loss of reputation and prospective business.<\/p>\n\n\n\n<p>In this regard, MBG is offering its expertise as a \u201cCertified Tax Agency\u201d to undertake comprehensive tax planning and compliance strategies while you focus on your core business, uninterrupted.<\/p>\n\n\n\n<div class=\"wp-block-columns has-3-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h3 class=\"wp-block-heading\">Qualified Tax Experts<\/h3>\n\n\n<div class=\"so-widget-sow-image so-widget-sow-image-default-72463164d13f\">\n\n<div class=\"sow-image-container\">\n\t\t<img decoding=\"async\" src=\"https:\/\/www.mbgcorp.com\/sg\/wp-content\/uploads\/sites\/6\/2019\/05\/badge-big.png\" width=\"256\" height=\"256\" srcset=\"https:\/\/www.mbgcorp.com\/sg\/wp-content\/uploads\/sites\/6\/2019\/05\/badge-big.png 256w, https:\/\/www.mbgcorp.com\/sg\/wp-content\/uploads\/sites\/6\/2019\/05\/badge-big-150x150.png 150w, https:\/\/www.mbgcorp.com\/sg\/wp-content\/uploads\/sites\/6\/2019\/05\/badge-big-100x100.png 100w\" sizes=\"auto, (max-width: 256px) 100vw, 256px\" title=\"badge big\" alt=\"\" loading=\"lazy\" \t\tclass=\"so-widget-image\"\/>\n\t<\/div>\n\n<\/div>\n\n\n<p>\n\nOur qualified tax experts offer quality accounting &amp; taxation services in the UAE.\n\n<\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h3 class=\"wp-block-heading\"> Well-Informed Agents <\/h3>\n\n\n<div class=\"so-widget-sow-image so-widget-sow-image-default-72463164d13f\">\n\n<div class=\"sow-image-container\">\n\t\t<img decoding=\"async\" src=\"https:\/\/www.mbgcorp.com\/sg\/wp-content\/uploads\/sites\/6\/2019\/05\/time-money-big.png\" width=\"256\" height=\"256\" srcset=\"https:\/\/www.mbgcorp.com\/sg\/wp-content\/uploads\/sites\/6\/2019\/05\/time-money-big.png 256w, https:\/\/www.mbgcorp.com\/sg\/wp-content\/uploads\/sites\/6\/2019\/05\/time-money-big-150x150.png 150w, https:\/\/www.mbgcorp.com\/sg\/wp-content\/uploads\/sites\/6\/2019\/05\/time-money-big-100x100.png 100w\" sizes=\"auto, (max-width: 256px) 100vw, 256px\" title=\"time money big\" alt=\"\" loading=\"lazy\" \t\tclass=\"so-widget-image\"\/>\n\t<\/div>\n\n<\/div>\n\n\n<p>  We help you familiarize with the latest reforms and ever changing tax regulation landscape.  <\/p>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<h3 class=\"wp-block-heading\"> FTA Compliant <\/h3>\n\n\n<div class=\"so-widget-sow-image so-widget-sow-image-default-72463164d13f\">\n\n<div class=\"sow-image-container\">\n\t\t<img decoding=\"async\" src=\"https:\/\/www.mbgcorp.com\/sg\/wp-content\/uploads\/sites\/6\/2019\/05\/document-big.png\" width=\"256\" height=\"256\" srcset=\"https:\/\/www.mbgcorp.com\/sg\/wp-content\/uploads\/sites\/6\/2019\/05\/document-big.png 256w, https:\/\/www.mbgcorp.com\/sg\/wp-content\/uploads\/sites\/6\/2019\/05\/document-big-150x150.png 150w, https:\/\/www.mbgcorp.com\/sg\/wp-content\/uploads\/sites\/6\/2019\/05\/document-big-100x100.png 100w\" sizes=\"auto, (max-width: 256px) 100vw, 256px\" title=\"document big\" alt=\"\" loading=\"lazy\" \t\tclass=\"so-widget-image\"\/>\n\t<\/div>\n\n<\/div>\n\n\n<p>  We adhere to every FTA compliance &amp; solve your complex tax matters through our accounting services.  <\/p>\n<\/div>\n<\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Our Services<\/h3>\n\n\n\n<p><strong>We offer you our expertise so that you can focus on yours.<\/strong><\/p>\n\n\n\n<p>How can we help you?<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Undertake comprehensive tax planning and offer advice on complex issues to ensure compliance;<\/li><li>Keep abreast of the latest tax guidelines or amendments and help avoid penalties on non-compliance of new\/updated provisions in the law;<\/li><li>Submit tax returns in according with the FTA guidelines and seek refunds where applicable;<\/li><li>Represent in FTA audits in the client\u2019s business premises and respond to queries as well as request reconsiderations where applicable;<\/li><li>Act as the repository of the relevant legal and accounting details, records and\/or information to ensure long-term compliance;<\/li><li>Offer freedom from legal representation as a Tax Agent will always act and represent the client legally;<\/li><li>Ensure documentation in Arabic language where required;<\/li><li>Represent foreign companies that do not have their presence in the UAE. The Tax Agent can collect the taxes from their customers and pay the FTA<\/li><\/ul>\n\n\n\n<p>As a financial consultancy that works with over 70 Fortune-500 companies, enjoys a global footprint and has a team of highly-qualified chartered accountants, we offer you our services as an approved \u201cTax Agency\u201d to support in your tax-related requirements, leaving you free to focus on your core business.<\/p>\n\n\n\n<p><strong>About the MBG <\/strong><\/p>\n\n\n\n<p>Launched in 2002, the MBG is a multinational consultancy firm specialized in integrated financial advisory services. With offices in 6 countries, the group serves 1,000+ clients worldwide. In UAE, the Group enjoys a strength of over 150 professionals. We specialize in Business Advisory, Mergers &amp; Acquisitions, Risk &amp; Assurance, Tax Advisory &amp; Compliance, and Legal.<\/p>\n\n\n<div class=\"so-widget-sow-button so-widget-sow-button-atom-f219fe19b92e\"><div class=\"ow-button-base ow-button-align-center\">\n\t<a href=\"https:\/\/www.mbgcorp.com\/sg\/mbg-tax-agency-quote\/\" class=\"ow-icon-placement-left ow-button-hover\" \t\t>\n\t\t<span>\n\t\t\t<span class=\"sow-icon-elegantline\" data-sow-icon=\"&#xe028;\"\n\t\t ><\/span>\n\t\t\tGet Your Free Quote Today\t\t<\/span>\n\t<\/a>\n<\/div>\n<\/div>\n\n<div class=\"so-widget-sow-button so-widget-sow-button-atom-f219fe19b92e\"><div class=\"ow-button-base ow-button-align-center\">\n\t<a href=\"https:\/\/www.mbgcorp.com\/sg\/wp-content\/uploads\/sites\/5\/2019\/05\/FTA-TAX-AGENT-Two-Pager-28-May-2019.pdf\" class=\"ow-icon-placement-left ow-button-hover\" \t\t>\n\t\t<span>\n\t\t\t<span class=\"sow-icon-icomoon\" data-sow-icon=\"&#xeadf;\"\n\t\t ><\/span>\n\t\t\tDownload the Brochure\t\t<\/span>\n\t<\/a>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"January, 2018 witnessed implementation of VAT in UAE which was a paradigm shift from no tax economy and the way of doing business in UAE has been impacted substantially. And to deal with the tax procedures related to the administration, collection and enforcement of Tax by the Authority, separate Decree Law Federal Law No. (7) &hellip; <p class=\"link-more\"><a href=\"https:\/\/www.mbgcorp.com\/sg\/tax-agency\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;MB Group: FTA-approved Tax Agency&#8221;<\/span><\/a><\/p>","protected":false},"author":4,"featured_media":1677,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_joinchat":[],"footnotes":""},"class_list":["post-1595","page","type-page","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.mbgcorp.com\/sg\/wp-json\/wp\/v2\/pages\/1595","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mbgcorp.com\/sg\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.mbgcorp.com\/sg\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.mbgcorp.com\/sg\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mbgcorp.com\/sg\/wp-json\/wp\/v2\/comments?post=1595"}],"version-history":[{"count":76,"href":"https:\/\/www.mbgcorp.com\/sg\/wp-json\/wp\/v2\/pages\/1595\/revisions"}],"predecessor-version":[{"id":2019,"href":"https:\/\/www.mbgcorp.com\/sg\/wp-json\/wp\/v2\/pages\/1595\/revisions\/2019"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mbgcorp.com\/sg\/wp-json\/wp\/v2\/media\/1677"}],"wp:attachment":[{"href":"https:\/\/www.mbgcorp.com\/sg\/wp-json\/wp\/v2\/media?parent=1595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}