UAE free zones are special economic zones. They have their own official government laws, including the federal law and the labor ministry laws. For UAE VAT law, VAT is applicable …
Read MoreApplicability of VAT for Goods Supplied to Designated Free Zones
Since the 1st of January 2018, UAE implemented VAT or Value Added Tax which amounts to five percent of the prices of most products and services. Here we discuss the …
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 …
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 …
The VAT was introduced in UAE in 2018. even though it has been 2 years, There are still some doubts on the minds of people in UAE. Here we list …
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 MoreHow to Check Validity of Tax Registration Number 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 …
Value Added Tax in UAE is an indirect tax that’s charged to products and services. There are three different rates for VAT that are applied to products and services. The …
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 …
From January 1 2018, VAT or Value Added Tax are applied to all relevant transactions in each level of the supply chain in United Arab Emirates. Regardless of where it …
Read MoreImportant Details for Businesses about UAE VAT Implementation