After getting successfully registered with the Federal Tax Authority in UAE, a TRN Tax registration number is issued. It is a distinctive recognition number allotted to each VAT-registered person or …
Read MoreTRN Verification – How to Check Validity of Tax Registration Number?
What is VAT Return Filing? VAT return filing is the submission of VAT returns. VAT-registered businesses in UAE are required in submitting details of transactions that are relevant to all …
The UAE, since January 1st of 2018, implemented Value Added Tax or VAT. VAT is levied on certain products and services, including property transactions that occur across the country including …
In general, TRN termination in UAE is the result of VAT deregistration or cancellation. In order to deregister for VAT (deregistration of VAT), the business has to cancel the registration …
Read MoreGuide on Deregistering or Cancelling VAT Registration in UAE
Value Added Tax or VAT is payable at the point of importation to the UAE. Any imported good is liable to VAT with the same rate which applies to a …
There are many foreign unregistered companies that visit UAE temporarily to do business legally under certain circumstances. Businesses have to pay taxes as Value Added Tax or VAT in the …
Read MoreVAT Refund for Visiting Unregistered Foreigner Businesses in UAE
As of January 1, 2018, the UAE Value Added Tax (VAT) was applied to goods and services provided by companies outside of the UAE. This new tax law was set …
As per UAE VAT law taxpayers should file VAT returns with Federal Tax Authority on a quarterly basis, and pay as per the procedures specified in the VAT legislation. VAT …
Majority of businesses is hiring VAT consultants in UAE for VAT return filings. However, hardly any know much about these professionals or how to choose the right tax preparers. Almost …
A new Public Clarification, VATP029, was issued by UAE Federal Tax Authority (FTA) to provide clarity and further insight on VAT Treatment of gold items and making charges under Federal …
Read MoreUAE VAT Guide on Supply of Gold Items and Making Charges