Blogs

Is it possible to set up a Restaurant or Cafeteria License in Dubai with 100% foreign ownership? Currently, the restaurant business in the UAE is booming and has seen rapid growth for...

Identify the Stockpiler Under Excise Tax!! The Federal Tax Authority (FTA) has announced new rates for excise tax in the UAE and has brought in more products to the purview of Excise Tax such as Sweetened drinks ( Includes Conc...

EXPO 2020 Dubai and Impact Expo 2020 Dubai, the international business exhibition is going to be hosted in Dubai from 20th October to 10th April 2021. In this connection, a lot of questi...

VAT on Healthcare Services in UAE VAT on healthcare service in UAE is one of the sectors where the industry may choose the wrong rate of tax. Because in certain cases supply of healthcare services will be zero-rated; whereas in certain...

VAT  Refund for Business Visitors in UAE The UAE government has published a VAT refund scheme which enables businesses/ business visitors to claim the VAT paid on the purchase of goods and services incurred in UAE...

General Trading License in UAE How can you get a General Trading License in UAE? Dubai is home to more than 200 nationalities, and it holds the title of the world’s most cosmopolitan city. Dubai is not only a place to run...

Company Liquidation in Dubai: What are the 5 Checklists Before Liquidation? Company Liquidation in Dubai and other Emirates of the UAE is mandatory for any kind of businesses if they...

Is Economic Substance Regulations in the UAE applicable to your business? Economic Substance Regulations in the UAE is applicable to all licensee (natural & juridical person) carrying the relevant activities in UAE including the li...

What does it mean VAT on Sale of Business as going Concern? Sale of an asset is a taxable supply under the UAE VAT Law. What about the applicability of VAT on the sale of a business or transfer of a bu...

VAT treatment of Options and Option Premiums VAT treatment of Options and Option Premiums is the latest public clarification issued by the Federal Tax Authority (FTA) vide clarification No: VATP014. This article provides an insight int...