Blogs

Steps to be taken while implementing VAT in the UAE: Understanding the UAE VAT law and its provisions applicable to the industry the company operates. Proper study on the business of the company incl...

Guide to VAT’s effect for Restaurants in the UAE Value-added tax (VAT) is a consumption tax that is charged on each stage of supply of goods and services. VAT is applicable fo...

Categories of Goods & Services under VAT in UAE. The UAE is going to implement a 5% VAT from 1st January 2018. VAT is a type of general consumption tax that is collected incrementally, based on the...

Register for VAT in the UAE VAT in the UAE is taking its course of action from 1st January 2018 at a minimal rate of 5%. It is compulsory for businesses to register for VAT in the fourth quarter of the year...

VAT Impact on Property Sector in the UAE? The property sector is one of the important industries that must be given extra care while implementing VAT in the UAE. A slight increase of 5% price by way of VAT c...

Case Studies that UAE Traders Need to Know About VAT Transactions UAE is going to implement VAT by 1st Jan 2018. The business community is eager to know its impact on their business. To understand the impact of  ...

Beginners Guide to VAT on Online Trading With the introduction of  VAT in the UAE, it is expected to cross thirty-five billion AED businesses through e-commerce by the year 2018 in the...

UAE Excise Tax Law- An Overview Excise Tax will be introduced in the fourth quarter of 2017 of the year 2017 in the United Arab Emirates, under the framework of the unified agreement between the GCC countries. The other GCC Member Stat...

Incorporation of VAT in the GCC The unofficial English version of the GCC Unified Agreement on Value Added Tax (GCC UAVAT) is being issued; as the Arabic version of GCC, UAVAT has been publicized by the Saudi Official Gazette. The GCC...

In the UAE VAT, the Reverse Charge Mechanism is applicable while importing goods or services from outside the GCC countries. Under this, the busine...