The introduction of Value Added Tax (VAT) represents a transformative shift for businesses across the region. With its broad scope, VAT affects nearly all business transactions—making it essential to understand its impact on pricing, margins, and operations. At Omnex, we offer expert VAT services in the UAE, Saudi Arabia, Bahrain, Oman, and the UK to ensure your business remains compliant and optimized in a VAT-regulated environment.
GCC member states have jointly committed to implementing VAT through a unified treaty, with the UAE and Saudi Arabia leading the way from January 1, 2018. As VAT laws continue to evolve across the region, Omnex is here to guide businesses through every phase of the transition.
Preparing for VAT can pose numerous challenges, particularly for businesses unfamiliar with the intricacies of tax compliance. Omnex’s dedicated VAT consultants are highly trained and experienced in both local GCC and international VAT landscapes. We provide strategic guidance tailored to your business model—especially important for businesses with partial or no VAT recovery.
VAT and other indirect taxes are transaction-based and complex—often impacting cash flow and profitability. At Omnex, our approach spans the full business lifecycle. Whether you’re a start-up or an established enterprise, we support you with:
Litigation support where necessary
We align your business functions with the Federal Tax Authority (FTA) regulations and ensure your business operates with full VAT compliance. From creating compliant VAT invoice formats to timely filing of returns, our VAT specialists ensure smooth integration of VAT practices into your business processes.
Our team also helps evaluate your business’s VAT exposure and minimizes risk while ensuring the right recovery methods are in place.
While VAT isn’t a cost to businesses, it does require significant operational adaptation. Businesses must consider:
Governance and control framework updates
At Omnex, we help you prepare, implement, and sustain your VAT framework for long-term compliance and efficiency.
As an approved Tax Agent, Omnex delivers end-to-end VAT solutions across multiple jurisdictions. Our services include:
VAT Deregistration
Alongside VAT services, Omnex also offers:
Business Valuation