Under the value-added tax (VAT) system implemented on January 1, 2018. UAE VAT registration is mandatory for businesses with annual revenue exceeding AED 375,000 ($102,000).
Registration to the FTA requires a sound basis for the registration, preparation of the necessary evidence, and documenta…
In the United Arab Emirates (UAE), VAT is a consumption tax that is levied on most goods and services sold in the country. If your business is based in the UAE or you are planning to start a business in the UAE, you may need to register for VAT if your taxable supplies and imports exceed a certain t…
In the United Arab Emirates (UAE), VAT is a consumption tax that is levied on most goods and services sold in the country. If your business is based in the UAE or you are planning to start a business in the UAE, you may need to register for VAT if your taxable supplies and imports exceed a certain t…
Since the UAE introduced the VAT on Value Added Tax (VAT) on January 1st, 2018, business owners are required to follow the rules, including UAE VAT Registration and tax filings.
Companies operating in the UAE must ensure that VAT is correctly collected and properly accounted for so that it can …
On 28 April 2021, the United Arab Emirates (UAE) Cabinet gave Decision No. 49 of 2021, which changes the standards concerning regulatory punishments for charge infringement for VAT Amendment and extract charge purposes. The corrections are compelling as of 28 June 2021 and incorporate changes to…