VAT- A well-known word for all businessmen and ordinaries too. Value Added Tax (indirect tax) simply knows as the VAT is a must for all the goods and services consumed except food care, health items and education. Almost more than…

Value Added Tax (VAT) had been the latest addition to the taxations in UAE which was implemented on the 1st of January 2018. While various jurisdictions have different guidelines and exemptions regarding personal tax and company taxes, VAT had more…

Dubai, one of the seven Emirates of UAE, is the heart of the business centre as it offers several trade-free zones. VAT, the current tax regime in Dubai came into effect on January 1st, 2018. Indeed, businesses and organizations whose…

Introduction: Value-Added Tax (VAT), the current tax regime for businesses in UAE, took charge from January 1st, 2018. VAT is imposed on the registered businesses and organizations whose taxable supplies and imports exceed AED 375,000 per annum. Also, the standard…

Eligibility, Registration, and Compliance VAT came into existence in the UAE on the 1st of January, 2018 introduced by the Federal Tax Authority (FTA). The companies are since then liable to tax accounting and maintain a healthy tax record. The…

Value Added Tax (VAT) has been the most recent addition to the taxation laws in the UAE. VAT was introduced on the 1st of January 2018 and has been fixed at the rate of 5%. The TRN is also closely…

The Federal Tax Authority (FTA) has extended VAT filing date in UAE by issuing a directive on an exceptional basis providing an alternative date of May 28, for the deadline of submitting VAT returns and the payment of due tax…

Vat in UAE registration criteria A business must enlist for vat in UAE  if their assessable supplies and imports surpass the compulsory registration edge of AED 375,000. Moreover, a business may decide to enroll for VAT voluntarily if their provisions…

Value added tax (VAT) Value added tax or VAT in Dubai is a tax on the consumption or use of goods and services collected at each purpose of sale. VAT firms in Dubai  is a form of indirect tax and…

All the businesses are required to file a VAT return outfitting the information of sales, purchases output VAT and input VAT paid amid the government expense period. Here, the output VAT is the sum which is gathered on deals and…