Recovery of input VAT on the expenses
The VAT law in the UAE provides provisions which allow business to recover VAT paid for in certain expenses. The input VAT can be recoverable for any tax period if …
Month: November 2019
Common Mistakes made by SME for VAT filing in UAE
Number of small and medium sized enterprises find it difficult to cope with the newly introduced VAT system Some of the most common mistakes made by small and medium companies …
Applicability of VAT for Rendering Services to a Designated Zone in UAE
The Federal Tax Authority has published a guide on VAT registration for designated zones. The issuance of this guide is important as it also provides more clarity on the application …
VAT Registration in UAE : Steps and Requirements
VAT Registration in UAE allows businesses to pay and reclaim tax. After the implementation of VAT in UAE, all companies’ financial records are accurate and up to date as per …
