Businessmen who have a minimum annual income of Dh 375000 have the mandate to register for VAT in about 30 days. All the required documents and the declaration form must be filed properly. The documents include the import and export…

VAT stands for Value Added Tax. When it comes to goods and services tax, VAT plays a major role. About 180 countries imply VAT in their countries. Every business needs to register for VAT. if you haven’t registered yet, do…

Value Added Tax or VAT is considered to be a general tax imposed on the majority of the transactions of goods and services in UAE. The rate of VAT calculated in the UAE is 5%. For example, if the marketing…

The Value Added Tax is an indirect form of taxation levied on almost all services and products in the UAE. Recently, VAT consultants in Dubai have gained prominence as they help young companies deal with VAT regulations in the UAE….

The Oman government has decided to implement the VAT system of taxation. As a result, the Sultanate’s Tax Authority, better known as TA, has published a brochure to help people understand more about the need and importance of VAT. In…

All about VAT: 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….

Value Added Tax (VAT) in UAE 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…