The United Arab Emirates introduced the UAE VAT law . The VAT UAE rate was kept at a constant 5% and served as a new chapter in the history of the UAE’s tax regime. This indirect form of taxation helped…

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…

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 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…

The Oman government is preparing for the introduction of the VAT in the country. As a result, the Tax Authority of Oman has published a brochure containing VAT information for business owners and individuals. At the moment, the Oman Government…

Over the last few years, the UAE’s economy has been growing, expanding and evolving seamlessly. Therefore, specific regulatory changes and reforms have been introduced in recent years to aid this growth. Adding to that list, on Wednesday, the UAE’s Federal…

  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…

VAT consultants in Dubai Introduction: 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….

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…

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…