The government of UAE introduced excise tax and VAT at almost the same time between 2017-2018 in the UAE. Excise tax and VAT are forms of indirect tax levied on …
Read MoreWhat is the Differences between Excise Tax and VAT in the UAE?
Output tax is VAT that is calculated and charged on the sale of goods and services from your VAT registered business. A special provision is incorporated to UAE VAT law …
As per UAE VAT law, there are expenses wherein tax may or may not be recovered. The UAE, Federal Tax Authority published a clarification for certain expenses incurred for employees, …
Read MoreRecovery of VAT for entertainment expenses of employees in UAE
The VAT law in the UAE provides provisions which allow business to recover VAT paid for in certain expenses. The input VAT can be recoverable for any tax period if …
The Federal Tax Authority has published a guide on VAT registration for designated zones. The issuance of this guide is important as it also provides more clarity on application of …
Read MoreApplicability of VAT for Rendering Services to a Designated Zone in UAE
In UAE, VAT Law has been passed that mandates the restaurants to implement VAT charges on the goods or services delivered. The main idea behind the implementation of VAT is …
UAE free zones are special economic zones, which 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
Any person who has recently purchased a new property in the UAE for commercial use or renting purposes, should register for VAT. For registration of VAT, a taxable person can …
Read MoreApplicability of VAT on commercial property and real estate in UAE