Tax advisory

Tax advisory – VAT & Excise

  • Our experienced team of Chartered Accountants and Certified Public Accountants will help to keep your VAT and Excise Tax affairs in order and support you in filing VAT and Excise returns on time.

    With changing local and global business environments, it has become imperative for businesses to keep themselves abreast of tax laws and regulations that are dynamic and ever varying to keep their businesses tax compliant.

    UAE has been mostly a tax-free country until the introduction of Excise Tax and Value Added Tax. Excise tax has been introduced in UAE towards the end of year 2017 and with effect from 1 January 2018, VAT has become an integral part of businesses in the UAE. Federal Tax Authority (FTA) has been established under the umbrella of Ministry of Finance, UAE for the effective implementation and governance of taxes in UAE. more…

  • Value Added Tax is levied on both goods and services. With the introduction of VAT in UAE with effect from 1st January 2018, there has been a shift in the way businesses, accounting and IT is being looked at in compliance to the newly introduced legislations.

    VAT has marked a major impact on product costing, pricing of services, cash flow movements, procurement and supply chain decisions and implementing the required changes in the existing IT framework, accounting and financial reporting software that are being considered as major initial challenges. more…

    • Train and guide key personnel
    • Assist in the designing, development and maintenance of all data and records including but not limited to supplies, purchases and expenses
    • Advise and assist in required changes in the IT systems and applications
    • Timely advise as and when required
    • VAT manual and procedures implementation
    • VAT registrations assistance
    • Assistance in the preparation and filing of periodic VAT returns
    • Working with the businesses during the implementation phase
    • Setting up compliance practices with legislation requirements
  • The objectives of Vat Compliance Audit are Accuracy, Correctness, Completeness and Validity. To obtain an understanding of the process applied in accounting for VAT. To Ensure that the process and procedures are adhered to; VAT returns have been properly completed and submitted in time, regular independent checking and reconciliation of tax data are processed through source systems, reviewing the reconciliation performance when accounting for the input and output VAT.

    Select a sample of the accounts payable and verify the payment based on an original invoice clearly marked, see that the supplier is registered for VAT; the goods/services qualify as taxable supply. VAT is correctly calculated, invoices supporting all expenditure are checked and are valid tax invoices and that the company is reclaiming valid input tax. To make sure that the tax invoices have been issued within the time limit prescribed by the law.

  • The excise tax has been introduced in UAE with effect from 1st October 2017, excise tax is levied on businesses that are involved in the production, import, distribution or stockpiling of excise goods or intending to do so. An excise tax is a form of indirect tax levied on specific goods which are typically considered harmful to human health or the environment. The UAE Government is levying excise tax to reduce consumption of unhealthy and harmful commodities while also raising revenues for the government that can be spent in the interest of residents of UAE.

    The current excise goods with tax rates are as follows:
    • Tobacco and tobacco products – 100%
    • Energy drinks – 100%
    • Carbonated drinks – 50%
    How can we help?

    We can assist in Excise Tax registration and compliance obligations. We can also perform audit required by Federal Tax Authority for the verification of data related to excise goods. We also perform industry focused business reviews to ensure that companies manage their Excise Tax risk and exposure. We can provide advice on structuring business transactions within the legislation, including cross border transactions. We can also leverage the international expertise of Reanda International Network’s Custom and Excise Tax specialists.

Online Privacy Policy

Sun Management Consultants, and its employees and directors (collectively "Sun Team") are committed to protecting the privacy of visitors of our website By accessing, browsing or using the website, you acknowledge that you have read and understood the terms and conditions of our Online Privacy Policy and you agree to that. If you do not agree to these terms and conditions, please do not access, browse or use this website.

At our website, we collect both personal information and aggregate information that the visitor voluntarily provides either while on the website or in response to emails in relation to features provided on the website. We don’t require you to register or provide information to us to view our website or have access to its content. We may collect personal information otherwise with your consent or as permitted or required by law. 

We implement a variety of security measures to maintain the safety of your personal information when you enter, submit, or provide your personal information. We are committed to protecting our website visitor’s privacy. We do not sell, trade, or otherwise transfer to outside parties your personally identifiable information. This does not include trusted third parties who assist us in operating our website, conducting our business, or servicing you, so long as those parties agree to keep this information confidential. We may also release your information when we believe release is appropriate to comply with the law, enforce our website policies, or protect ours or others’ rights, property, or safety. However, non-personally identifiable visitor information may be provided to other parties for marketing, advertising, or other uses. We will not collect any personal information unless you provide it voluntarily.

You as a visitor of our website may see some advertisements on our website which are selected and delivered by third parties, such as ad networks, advertisers and advertising agencies. These third parties may collect information about you and your online activities, either on the website or on other websites, through cookies, web beacons, and other technologies to understand your interests and deliver advertisements that are tailored to your interests. Please note that we do not have any control and access to the information these third parties may collect from time to time. The information practices of this entire process of these third parties are not covered by this privacy policy.

Our website Policies and Terms & Conditions may be changed or updated occasionally without any notice to anyone to meet the requirements and standards. Therefore, the website visitors are encouraged to frequently visit these sections to be updated about the changes on the website. Modifications will be effective on the day they are posted. Our Online Privacy Policy applies only to information collected through our website and not to information collected offline.

Terms and Conditions

  • 1. Welcome to our website. If you continue to browse and use this website, you are agreeing to comply with and be bound by the following terms and conditions of use, which together with our privacy policy govern our relationship with you in relation to this website. If you disagree with any part of these terms and conditions, please do not use our website.
  • 2. The term ‘Sun Management Consultants’ or ‘us’ or ‘we’ refers to the owner of the website whose registered office is located at office no. 1504 -1505, Burj Al Salam, Opposite World Trade Centre, Sheikh Zayed Road, Dubai – United Arab Emirates. The term ‘you’ or ‘visitor’ refers to the user or viewer of our website.
  • 3. Our country of domicile is United Arab Emirates and any dispute or claim arising out of or about this website shall be governed and construed in accordance with the laws of United Arab Emirates.
  • 4. When you agree to our terms and conditions to purchase our services and provide your Credit Card & Debit Card details, these details are directly and solely collected by E-Payment gateway service provider to securely process the order and are not accessible to us. The cardholder must retain a copy of transaction records and Merchant policies and rules as a proof of transaction.
  • 5. The content of the pages of this website is only for general information and use of the website visitors and should not be construed as advice and we do not take any responsibility of the actions taken by visitors based on the available information on our website. The content of the pages is subject to change any time without notice. Unauthorised use of this website may give rise to a claim for damages and/or be a criminal offence.
  • 6. From time to time, this website may also include links to other websites. These links are provided for your convenience to provide you further information which may be of your interest and use. These links do not signify that we endorse the website(s). We have no responsibility for the contents of the linked website(s).
  • 7. We will not trade with or provide any services to individuals and companies owned or controlled by, or acting for or on behalf of, OFAC targeted countries, individuals, groups and entities, such as terrorists and narcotics traffickers designated under the OFAC programs that are not country specific.
  • 8. The purchaser of services must ensure that the credit card owner is either the owner /manager or the partner of the company or he/she has the authorization from the owner of the credit card. Credit card verification may be required at the time of delivery of the service.
  • 9. If fraudulent credit card is used or the purchaser of service fails to submit the authorization from the owner of the credit card, the service will be immediately cancelled and reported to concerned authorities.
  • 10. The purchaser indemnifies us from and against any and all claims, damages, losses, liabilities, obligations, actions, causes of actions, judgments, suits, demands, penalties, charges, costs, expenses and disbursements of any kind or nature whatsoever and howsoever rising which we may suffer, sustain, incur or be liable for directly or indirectly, in consequence of / as a result of the transactions processed through E-Payment Gateway.

Product Pricing & Refund Policy

  • 1. The prices of our services are based on client’s requirements. Each client may have a unique requirement and the prices may vary accordingly, depending on the work scope, delivery time and nature of business. We accept payments online using Visa and Master Card credit/debit card in AED and USD.
  • 2. Our consultancy and advisory fees are non-refundable after 8 hours of the transaction. Please make sure that you contact us as soon as you have decided not to proceed with the services within 8 hours. To do so, please call us and also send us an email to with a copy to as soon as possible to process the refund request.
  • 3. Our customer service representative will reply to you on your request within 3 working days and if the refund is authorized, you will be asked to fill a form to process your request. Any refund request approved towards any service cancellation where the payment is made through E-Payment Gateway will be subject to deduction of administration fee of 5% and our policies.
  • 4. Any funds credited erroneously to our account will be subject to administration fee of 5% and will be refunded within 15 to 20 working days after receiving the email from the authorised person only after submitting the requested and authorised documents. Refunds will be done only through the original mode of payment or any other mode decided by us.
  • 5. Multiple transactions may result in multiple postings to the cardholder’s monthly statement. The purchaser should contact us if there are multiple postings for the same transaction in the cardholder’s monthly statement.

Delivery Policy

  • 1. The purchaser of our services will receive an instant payment notification by email once the payment is debited from his debit or credit card and we will share the payment acknowledgment within four working days to the registered email address of the purchaser.
  • 2. Our services will be delivered once the payment has been received from the purchaser. Our service delivery is based on the information, explanation, clarification, documentary evidence and relevant documents provided by the purchaser. We do not have a standard service delivery time as we provide variety of services and each service may take different time under different circumstances.