Blogs

System of UAE VAT In the VAT system, the tax shall be imposed on value addition made at each stage of the supply chain. The supplier shall collect the VAT from the customers on the value of supply made to them and can...

 Zero Rating of Export of Services The public clarification, Zero-rating of export of services provides the views of the Federal Tax Authority (FTA) on the cond...

UAE VAT Law Latest Amendment  Is the UAE VAT executive regulation amended? What are the changes made in the UAE VAT Law and how will that impact the transactions? These are some latest questions raised related to...

UAE Free Zones Benefits In the UAE Free Zones, Free Zone Company (FZC) is a limited liability entity and can be incorporated by natural persons or legal entities. A new limited liability company with a single sharehold...

Why corporate bank account is important in the UAE? United Arab Emirates (UAE) is an important global hub for business, trade, finance etc. Among the seven emirates in the UAE, Dubai...

 New Payment Options to Pay Taxes in the UAE The Federal Tax Authority (FTA) in the UAE has announced in a press release about the new payment method for VAT Registered busines...

VAT in UAE a Quick Guide  Value Added Tax (VAT) in UAE was introduced on 1st January 2018. The Federal Tax Authority (FTA) is responsible for all administrative and collection of taxes in the UAE. ...

How to Prepare for VAT Audit in UAE? VAT Audit in UAE is the review performed by the Federal Tax Authority (FTA) in order to assess the VAT liability and review the records maintained by the taxable person to ensure th...

ESR Notification Due Date for JAFZA – 30th June 2020 Economic Substance Notification (ESR Notification) due date has been now declared for Jebel Ali Free Zone (JAFZA) in the UAE. Economic Substance No...

Audit in DWC(Dubai South Freezone )  Audit in Dubai South Freezone -  Dubai South previously known as...