At Islam Jahid & Co. Chartered Accountants, we recognize the growing significance of Value Added Tax (VAT) as a key source of revenue for the government alongside income tax. With the government’s heightened focus on VAT compliance and enforcement, businesses face increasing demands to navigate this complex landscape effectively. To address these challenges, we have established a specialized VAT wing within our firm, offering tailored advisory and compliance services to clients across diverse sectors.

VAT Advisory Services

Our VAT advisory services are designed to help businesses understand and meet their VAT obligations while optimizing their financial performance. Whether you are a startup, an established company, or operating in a highly regulated industry, we provide strategic advice to ensure compliance while minimizing potential liabilities. Key offerings include:

• Guidance on VAT registration and deregistration.
• Analysis of VAT implications on transactions and business structures.
• Advisory on input tax recovery and credit maximization.
• Assistance with VAT impact assessments for new projects or policy changes.

VAT Compliance Services

Ensuring timely and accurate VAT compliance is essential to avoid penalties and maintain smooth operations. Our dedicated VAT team offers comprehensive compliance solutions, including:

• Preparation and Submission of VAT Returns: Assisting clients in meeting their monthly, quarterly, or annual VAT filing obligations with precision.
• Maintenance of VAT Records: Helping businesses maintain proper documentation and records to meet statutory requirements.
• VAT Audit Support: Providing assistance during VAT audits by regulatory authorities to ensure proper representation and resolution of issues.
• Sector-Specific Compliance Solutions: Tailoring services to meet the unique VAT requirements of industries such as manufacturing, retail, services, and exports.

Support Across All Sectors

Our VAT services cater to businesses of all sizes and industries, ensuring that they remain compliant in an ever-evolving regulatory environment. From small enterprises to large corporations, we provide proactive support to help clients achieve operational efficiency and mitigate VAT-related risks.

By partnering with Islam Jahid & Co. Chartered Accountants, businesses can confidently address their VAT obligations while focusing on growth and profitability. Let us help you stay ahead in this critical area of compliance with our expertise and commitment to excellence.