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 …
Value Added Tax
Frequently Asked Questions about VAT in UAE
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 …
How to Check Validity of Tax Registration Number in UAE
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 …
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Vat Guide for Startups 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 …
Impact of VAT on Real Estate Market in Dubai
Since the 1st of January 2018, UAE implemented VAT or Value Added Tax which amounts to five percent of prices of most products and services. In this article, we’ll highlight …
Important Details for Businesses about UAE VAT Implementation
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 …
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Interesting Facts about VAT in the UAE
As an indirect, transactional type of taxation, Value Added Tax (VAT) has a significant impact onto the entire operations of a business including with the function of VAT itself. A …
VAT in UAE During Coronavirus Pandemic
Apart from being concerned regarding the staff’s health and welfare, business owners in the UAE are worried about the impact of the coronavirus (COVID-19) pandemic on the health of their …
VAT Fines and Penalties in UAE
Federal Tax Authority has imposed fines and penalties for violations pertaining to Value Added Tax laws. Businesses in UAE has to abide by the regulations that are set by the FTA …
Boosting a Business Through Voluntary VAT Registration in UAE
Business owners have a lot of complexities to manage. They have spent time in shaping their businesses and crafting their goals. As revenue starts trickling in and everything going as …
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