Simple VAT
Knowledge resource center aimed to help SME’s to deal with VAT matters in a simple way
2021 was a significant year for us as we started to scale our business in the UAE: we opened another office in Dubai, which focuses on automation for the construction industry, and we've also opened an office in Abu Dhabi.
It is obvious, that lack of detailed and well-analysed statistics of the purchased goods and materials may lead to inefficient business. Situations like not sold goods lying on the stock may become your loss if considering the long-term financial statements.
First Bit at The Accounting and Finance Show
Being the leading provider of software for business automation and management, First Bit gets its UAE Federal Tax Authority accreditation renewed for its accounting solution.
FirstBIT Accounting has been approved as a provider of the VAT-compliant accounting software by the Federal Tax Authority.
It appears rather complicated to choose a software solution for VAT accounting. We have prepared a brief checklist.
Lear how FirstBIT Accounting helped Aster Aviation complete first VAT Return