Frequently Asked Questions

What is GCC VAT?

Value-Added Tax is an indirect tax on goods and services “passed on” by the seller to the buyer. It is collected by the business and remitted to Government. VAT implementation in GCC countries is expected to start on 01 January 2018.

Is my business required to be VAT registered?

Businesses reaching the mandatory threshold are required to be VAT registered. Still, you can voluntarily opt to register as a VAT-able business.

Am I required to issue VAT invoices once I am VAT registered?

Yes. VAT invoices are documented evidences of sales and VAT credit claims. SimpleVAT can generate this for you without any difficulty.

How can SimpleVAT help my business in VAT return filing?

SimpleVAT will automate all your sales and purchase transactions—thus automatically computing for the amount of VAT payable to the government. In addition, you will get reminders to file your return ahead of the deadline.

What are the features included in the FREE package?

Aside from those mentioned above, all of our packages include the following features:

  • Creation of sales invoices
  • Reports and dashboards
  • Integration to third-party apps
  • Link to your bank accounts
  • 24/7 Technical Support
  • Filing deadline reminders
  • Data security

How do I sign for the FREE package?

Just click the ‘Request a Free Account’ button to avail of the FREE subscription. Your subscription will be FREE until further notice from SimpleVAT. Only share your credit card details when you are already set to work using our software.

What are the terms and conditions for using SimpleVAT?

The use of SimpleVAT and all data and information entered into SimpleVAT is the responsibility of the user. SimpleVAT will not be liable for false, inappropriate or inaccurate information and representation made by the user. For more information, kindly make sure to read the full terms and conditions of using SimpleVAT.