Blogs

 VAT on Transportation Under UAE VAT Law   The recent Public Clarification issued by FTA is intended to shed light on the treatment of ‘public transportation’ an...

VAT Return Filing in UAE | Latest Updates on UAE VAT Return Filing Presently the VAT Return Filing Period for most of companies are on a quarterly basis and for businesses having a higher turnover is having their VAT...

Tourist Refund Scheme in UAE  With the introduction of Value Added Tax – VAT in the UAE, among all other schemes Tax R...

Latest Updates on VAT by FTA Recently the Federal Tax Authority issued some guidelines on tax treatment and tax procedure for better understanding of the UAE VAT law. This blog will...

Non-Recoverable Tax on Entertainment Services As per the UAE VAT law tax paid on most of the business, expenses can be recovered. At the same time tax paid on certain expenses cannot be recovered, those are called a&nb...

Introduction on compensation payments: In the normal course of business, sometimes there will be payments in the nature of compensation for any loss, omissions, breach of contracts etc...

In Sharjah Media City (Shams Free Zone) an emerging free zone in UAE through Emirates Chartered Accountants Group. They have started issuing free zone lic...

Designated Zones UAE VAT and Its Applicability Free zones in UAE are also known as Free Trade Zones depicting that they are structured to boost the international business economy of the country. Free zones in UAE provides 100% ownershi...

Voluntary Disclosure under UAE VAT Law The Federal Tax Authority (FTA) has introduced a form 211 – VAT voluntary disclosure form recently. It will help the taxable persons to rectify the errors they committed in...

The UAE Cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has made significant and progressive decisions for foreign workers who se...