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 …
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?
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
The golden rule that applies to VAT refund for exports is that exporters can only submit a claim for products and/or services that are used exclusively and wholly for their respective …
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 …
Read MoreVAT implications on Donations, Grants, and Sponsorships in UAE
The VAT was introduced in the UAE in the year 2018. The businesses in the UAE are required to comply with the guidelines issued by FTA for VAT. Filing for …
Read MoreThe most common errors made while filing a VAT return 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 …
Read MoreWhich Real Estate Transactions Are Exempt from VAT in the UAE
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 …