VAT On Services Provided Outside 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 …
How to Choose the Right VAT Consultants in the UAE
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 …
UAE VAT Guide on Supply of Gold Items and Making Charges
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 …
Register VAT for tax group in UAE
Instead of undergoing separate VAT registration in UAE, businesses can register VAT as a tax group. The main advantage of registering as a tax group is it saves costs. It …
Determining VAT Implications on Change in the Permitted Use of a Building in UAE
In the UAE, selling and leasing buildings is widespread because the real estate sector is very prominent in the region. As per the VAT guidelines, the commercial buildings and their …
VAT implications on Donations, Grants, and Sponsorships in UAE
The businesses perform certain activities like donations, grants, and sponsorships as a part of their corporate social responsibilities. In UAE, these activities need to be classified in order to understand …
Guide to Input VAT Recovery on Mobile Phones, Data Packs Provided to Employees in the UAE
What does the law on input VAT recovery on mobile phones, airtime and data packs in the UAE say? As per the tax law, a taxable person is allowed to …
Which Real Estate Transactions Are Exempt from VAT in the UAE
The real estate transactions that are exempt from VAT in the UAE and how VAT registration UAE can help you in filing your VAT returns for the real estate transactions …
How is VAT Refunds in UAE help businesses?
Economies of countries across the globe have seen a negative impact from the spread of coronavirus (COVID-19), and it is very likely that the situation won’t get better any time …
FAQs You Should Know About VAT
Value Added Tax in UAE can be a huge administrative burden for lots of people and businesses. It can be both time-consuming and complex, plus you can incur heavy costs …
