Blogs

Who Should Opt for VAT registration in UAE? When business conduct trade in the UAE, one important question asked is “Do you have a TRN?”. This looks very common and simple but for new businesses, it creates...

Economic Substance Notification (ESR Notification) due date declared for Dubai Silicon Oasis Authority (DSOA) Economic Substance Notification (ESR Notification) due date is now declared for one more Regulatory in the U...

What are Incoterms? The term Incoterms have always been a key phrase associated with International trade. Incoterms became common parlance amongst business groups with the introduction of VAT in UAE. A...

ESR RAKEZ Notification Due Date is Declared  Economic Substance Notification (ESR Notification) due date is declared for one more Regulatory also. Ras Al Khaimah Economic Zone (RAKEZ) issued Circular on the due da...

Time Frame for Recovering Input Tax in the UAE As per the public clarification (VPTP017) issued by the Federal Tax Authority (FTA) regarding the time frame for recovering input tax in the UAE, it prescribes the time period within which...

How to Start a Foreign Company Branch As far as the Gulf region is considered, UAE is the place where you can form the company in a very easy manner. The procedure or the steps to form the company in...

Cash Flow Management & Working Capital Management  In the present scenario, most of the companies are discussing how to handle cash flow management during t...

ESR SAIF Zone Notification Deadline – 30th June 2020 Economic Substance Notification (ESR Notification SAIF Zone) Deadline - Sharjah Airport International Free Zone (SAIF Zone) is one of the Regulatory...

What are the Administrative Penalties For Non-Compliance of the UAE VAT Law?  The violation of the provisions of the UAE VAT Law can lead to certain VAT Fines And Penalties In The UAE. It is impor...

Profit Margin Scheme Under VAT in UAE Under UAE VAT law, normally VAT is calculated on the sales value. As an exception to that, the Federal Tax Authority (FTA) in the UAE has given an option to the Taxable person to p...