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The Federal Tax Authority (FTA) Recently released a useful overview for reimbursement on Vat Paid for Goods as well as Services Connected with Dubai Expo 2020. The issuance is at par with the Cabinet Decision No. 1 of 2019 on the ‘Refund of Value Added Tax Paid on Goods and also…

The real estate industry in UAE It supports a lot of resources and also provides the needed infrastructure, business and property rooms which are essential for the growth of the nation. Let us recognize what is suggested by real estate and exactly how is a supply of real estate dealt…

To de-register from Value Added Tax quickly or deal with fines from the FTA. I lately saw emails and social networks blog posts stating that business not making sales over Dh375,000. Value-added Tax de-registration is where a registered taxed person cancels their existing VAT registration. They after that no more charge…

VAT Audit Firms in Dubai We as strongly urge to act now and execute a Pre-Audit health check of one’s books of accounts, taxable tools and VAT files. They are sending notifications to companies giving 5 days notice period for VAT Audits. Key places to review and prepare yourself are: Make…

Tax Agent In UAE Tax agent in the UAE and Saudi Arabia will have to brace themselves for official audits next year as the roll-out of the 5 percent VAT considering that January 1 this year conquers a variety of difficulties and teething problems. Now that guidelines remain in place,…