VAT Late Filing Penalty in UAE
What do we understand by VAT in UAE? VAT was introduced in United Arab Emirates as a new source of income for the economy’s benefit with a notable aim to …
VAT Return Filing
VAT Filing for Startups in UAE: A Quick Rundown
What is VAT Return Filing? VAT return filing is the submission of VAT returns. VAT-registered businesses in UAE are required in submitting details of transactions that are relevant to all …
Requirement for VAT Return filing in UAE
As per UAE VAT law taxpayers should file VAT returns with Federal Tax Authority on a quarterly basis, and pay as per the procedures specified in the VAT legislation. VAT …
Steps to Succeed with VAT Return Filing in UAE
VAT has recently been implemented in the United Arab Emirates and is compulsory for business entities with an annual turnover of Dh375,000 or more. That being said, it is essential …
Filing VAT Return: Why Outsource to Experts
Are you currently struggling with VAT return filing’s nature which is one that’s both complex and confusing? Do you find it incredibly hard in calculating accurately output and input VAT …
Filing a return for VAT for Small Businesses
Running a small business in UAE is difficult enough without considering the complexity of having to file VAT returns (tax return filing) on a regular basis. What we always recommend …
Expert Tips for a Timely VAT Return Filing in UAE
Companies are to file their accurate VAT returns in the UAE Federal Tax Authority (FTA), and this can be done with the help of an accountant or Dubai regulated tax …
Consequences of Late Filing of VAT Return in UAE
VAT returns are to be submitted by VAT registered businesses in UAE no later than 28th day from the end of a tax period in which is also the settlement …
Common Mistakes made by SME for VAT filing in UAE
Number of small and medium sized enterprises find it difficult to cope with the newly introduced VAT system Some of the most common mistakes made by small and medium companies …