Reconsideration Request Service is now available on the e-services portal starting from November 19, 2021 For all Registrants, Beginning from November 19, 2021, the reconsideration requests service will be available on FTA’s e-services portal instead of the Authority’s website. Kindly…
The Tax Procedures Law (Federal Decree-Law No. 7 of 2017) has been changed by the Federal Decree-Law No. 28 of 2021, which will take effect on November 1, 2021. Various changes have been made as a result of these changes,…
Introduction to Wills A will is a legal document that specifies how you want your assets disposed of after death. The will is created by an individual, called the “testator” or “maker” of the will. The testator determines who inherits…
Tax Clarifications Request by FTA In response to a question from the applicant regarding the tax treatment of specific transactions, the Federal Tax Authority produces a Clarification, which is an official document that has been signed and stamped by the…
The Department of Economic Development (DED) introduced the E-trader licence in Dubai to regulate the sales of online commodities sold through social media websites. This regulation aids in the reduction of the sale of counterfeit goods and commodities via social…
Over five years have passed since the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) issued the landmark lease accounting standards (IASB). The Boards have issued several updates and responded to hundreds of technical inquiries since…
About appeal user-guide This user-guide has been prepared to assist Licensees in submitting an appeal request to the Federal Tax Authority (National Assessment Authority) related to Administrative Penalties levied concerning Economic Substance Regulations. This guide will also assist the Licensees…
The Abu Dhabi National Energy Company, also known as Taqa, Emirates Steel, and Etisalat signed an agreement with the Ministry of Industry and Advanced Technology to participate in the national ICV programme. The agreement to increase the companies’ local manufacturing…
What is a Trademark? A trademark can be a unique term, symbol, design, phrase, logo, letter, or combination of these things that is used to represent a corporation or its products. Trademarks can also be registered with the United States…
In response to an evaluation of the United Arab Emirates’ tax framework by the European Union Code of Conduct Group on Business Taxation, the United Arab Emirates (UAE) issued Economic Substance Regulations (Cabinet of Ministers Resolution No. 31 of 2019),…
