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Accounting & VAT

Accounting & VAT Services for GCC Businesses

Managing finances and tax compliance in the GCC requires precision, clarity, and a deep understanding of local regulations. Each Gulf country has its own VAT rules, rates, and filing requirements — which can easily become overwhelming for businesses without the right support.At Digilaunch, we make accounting and VAT compliance simple, accurate, and hassle-free. From VAT registration and bookkeeping to quarterly filings and audit support, we ensure your business stays fully compliant and financially organized across Oman, UAE, Saudi Arabia, Bahrain, and Qatar. Our services are designed to reduce errors, prevent penalties, and give you complete control over your financial operations.

Accounting & VAT

Why Proper VAT Accounting Matters

Avoids Costly Mistakes

Accurate VAT records prevent overpayments, wrong claims, and penalty risks.

Keeps You Audit-Ready

Organized invoices and filings make compliance checks quick and stress-free.

Helps Plan Cash Flow Better

Knowing your VAT payable and refundable amounts improves monthly cash planning.

Builds Business Credibility

Transparent accounting strengthens trust with banks, partners, and authorities.
Benefits

Benefits of Partnering with Digilaunch

  • 1. Labor Law Compliance

    Ensuring employee management practices align with Indian employment laws is essential for a stable and ethical workplace. We create a compliant HR environment that supports both employees and operations.

    Service Scope Includes:

    • Registration under Shops & Establishment / Factories Act

    • Standardized contracts, HR documentation, and onboarding compliance

    • Guidance on working hours, overtime, leave, payroll & benefits structure

    • Anti-harassment, grievance handling, and workplace policy frameworks

    • Statutory registers and periodic filings

      Outcome: A fully compliant workforce environment that withstands audits and ensures employee trust.

  • 2. Corporate & Regulatory Compliance

    We manage the mandatory governance, reporting, and corporate responsibility requirements for your GCC entity.

    Service Scope Includes:

    • Registrar of Companies (ROC) filings and corporate documentation

    • Annual board reporting & maintenance of company records

    • Tracking and managing CSR applicability and expenditure compliance

    • Tax registration, submission planning, and regulatory liaison

    • Ensuring governance alignment with HQ legal & global standards

      Outcome: A GCC that operates with legal clarity and board-ready transparency.

  • 3. Statutory, Financial & Operational Audits

    Audits are essential for identifying risks, measuring compliance performance, and ensuring operational consistency across global systems.

    Service Scope Includes:

    • Statutory compliance checks & policy implementation reviews

    • Internal controls and process efficiency evaluations

    • Financial audit coordination & regulatory audit support

    • Risk assessment reporting with corrective action plans

    Outcome: Reduced operational vulnerabilities and strengthened governance confidence

  • 4. Vendor & Third-Party Compliance Oversight

    Vendor activities can directly impact the compliance posture of your GCC. We help you maintain a secure and compliant vendor ecosystem.

    Service Scope Includes:

    • Vendor background and legitimacy checks

    • Contract scope compliance and performance monitoring

    • ESG, ethical conduct, and anti-corruption adherence evaluation

    • Standardized vendor onboarding and documentation practices

    Outcome: Trusted vendor network with reduced procurement and reputational risks.

  • 5. Risk Governance & Regulatory Reporting

    Driving governance is not just about compliance — it’s about maintaining visibility, accountability, and preparedness.

    Service Scope Includes:

    • Periodic compliance health reports and dashboards

    • Monitoring regulatory updates and aligning policies accordingly

    • Senior leadership and HQ-level risk communication

    • Governance framework implementation and documentation structure

    Outcome: A resilient operational compliance foundation that evolves with the law.

Our Services

Our Accounting & VAT Services

VAT Registration & Setup

We assist in registering your business for VAT and configuring systems for compliant billing.

VAT Return Filing & Submission

We prepare VAT reports and file them on time to avoid penalties or compliance delays.

Monthly Bookkeeping

All financial entries, expenses, and revenues are recorded accurately and maintained consistently.

VAT Reconciliation

We verify VAT paid and VAT collected to ensure correct claims and prevent calculation errors.

Financial Reporting

Monthly/quarterly financial reports give you a clear view of business performance and cash flow.

Compliance & Audit Support

We ensure documents are audit-ready and support you during reviews or inspections from authorities.

FAQ’s

Have a question look here

  • 01 _ What is GCC VAT?

    Value Added Tax (VAT) is a tax on the supply of goods and services in Gulf countries.

    • Standard VAT rate: 5% in UAE, Bahrain, Oman, and Qatar

    • 15% in Saudi Arabia
      Businesses meeting the required annual turnover must register for VAT and file returns on time.

  • 02 _ Who needs to register for VAT in the GCC?

    Any business that crosses the mandatory revenue threshold set by the specific GCC country must register for VAT to remain compliant.

     

  • 03 _ How often should VAT returns be filed?

    Depending on the country and business size, VAT returns are usually filed monthly or quarterly, following the official tax authority schedule.

     

  • 04 _ How will GCC VAT be applied?

    Registered businesses must charge VAT on the goods and services they supply and then submit that tax to the government. VAT is applied at each stage of the supply chain, but the final cost is ultimately paid by the end consumer. VAT is also charged on imported goods upon entry into the country.

  • 05 _ What happens if VAT is not filed correctly or on time?

    Late or incorrect submissions can lead to penalties, fines, and additional inspection, which may impact financial stability and reputation.