VAT (Value Added Tax) is the tax that is levied on the consumption of goods and services. VAT is one of the major indirect tax which is used around the world economies. VAT is also called consumption tax as the final brunt of the tax falls on the ultimate consumer who purchases or uses the goods and services. The tax is collected, managed, and accounted for by the businesses on behalf of the government. Reliance Chartered Accountants in Dubai have handled the VAT registration and related services like VAT Return filing of many businesses for Abu Dhabi, Sharjah, and all over in UAE.