Interesting Facts about VAT in the UAE
As an indirect, transactional type of taxation, Value Added Tax (VAT) has a significant impact on the entire business operations. A company in UAE must ensure all relevant employees possess …
Year: 2020
Implementing VAT for restaurants in UAE
VAT Law in UAE mandates vat implementation for restaurants. The main idea behind the implementation of VAT is to increase the number of sources of revenue flow, bring a stable …
VAT Guide for Startup Business in UAE
There are so many sets of rules and regulations for VAT in UAE. Proper advice from qualified professionals is absolutely necessary, most especially for startups and small businesses. Here is …
Goods and Services Eligible for VAT Refund in UAE
Claiming Value Added Tax or VAT back is not a process that is simple and straightforward. There are rules which can be very complex. Not to mention the exceptions to …
Consequences of Late Filing of VAT Return in UAE
VAT returns are to be submitted by VAT registered businesses in UAE no later than 28th day from the end of a tax period in which is also the settlement …
What Businesses Should Know About Voluntary VAT Registration in UAE
In the United Arab Emirates (UAE), registration for VAT is not compulsory for every business entity. While there are businesses that are required by the FTA or Federal Tax Authority …
