Penalty for Voluntary VAT Disclosure in UAE
There are several rules and regulations businesses have to follow with respect to VAT or Value Added Tax in UAE. As such, it can be very easy for registered entities …
VAT Consultant
Ways for Businesses to Manage UAE VAT Liability
The area of taxation, specifically VAT for small businesses in UAE, isn’t exactly straightforward. As a matter of fact, it can easily feel like a minefield for unwary registered businesses. …
VAT on Insurance UAE
Federal Tax Authority or FTA in UAE has- issued public guidance for VAT requirements that are related to insurance supplies. It covers all the characteristics of insurance-related services in relation …
How to Select Your Regulated Tax Agent in UAE
Selecting the right regulated tax agent for your business depends on your needs and goals. If you are a new business, then any tax advisor would be enough. However, if …
The Effect of Coronavirus (COVID-19) Pandemic on VAT Measures
The global outbreak of coronavirus (COVID-19) has significantly affected businesses as well as their staff members. Hence, several different countries across the globe are taking appropriate measures. United Arab Emirates …
VAT for Businesses in UAE Operating in a Designated Zone
Businesses in the UAE are experiencing material exposures from penalties and tax assessments due to incorrect application of regulations for designated zones in UAE, either due to the supplies or …
Top Financial Mistakes SMEs in UAE Make
When running a business in the UAE, a huge part of its success is the proper budget allocation. Also, it is required of a business to maintain a healthy bottom …
Benefits of Hiring VAT consultant in UAE
Value added tax consultants in UAE are the professional who has all the knowledge of VAT laws and procedures in UAE. They also have an idea on how to calculate …
Treatment of VAT on Discounts
VAT in UAE has confused businesses over discounted business invoices. The discount concept is not new for businesses, but VAT calculation for these discounted invoices is new. Discount is termed …
Reasons for Hiring VAT Consultants
Vat Consultants in UAE Value Added Tax (VAT) consultants are certified experts who offer comprehensive Tax Services for VAT Registered Businesses in UAE. They can educate businesses on the financial …
