Brilliant Ways To Save VAT In UAE
Value-added tax (VAT) is a tax on the consumption of goods and services, which is imposed by the UAE government. The rate VAT in UAE is currently 5%, which may seem small, but it can add up to a significant…
Consequences of Non-filing VAT Return In UAE
Are you aware of the consequences of non-filing or late filing of VAT return in UAE? Learn about the penalties and other legal implications that can cost you dearly. The value-added tax (VAT) system was introduced in the United Arab…
Corporate Tax in UAE
Corporate tax is a tax imposed on the profits earned by companies and other forms of business organizations. It is one of the primary sources of revenue for governments around the world and helps fund public goods and services such…
Tax Notice under Article 18 of UAE VAT Law
What information Federal Tax Authority (FTA) may ask from a taxpayer by issuing a Notice under Article 18? As per Article 18 and 19 of Cabinet Decision No. 36 of 2017 on the Executive Regulation of Federal Law No.…
VAT Audit in UAE
Vat audit is an examination of financial records related to Vat such as Vat returns, calculation of input and output Vat, etc. and other related Vat compliances. So far there is no compulsory VAT audit requirement but the Federal Tax…
Importance and requirement of Audit in UAE
Auditing of Books of accounts has its importance as it provides an opinion, whether the information presented in the financial reports is free from material misstatement, truly prepared and fairly presented by following accounting standards and applicable laws of the…
VAT Registration in UAE Simplified
If you are looking for VAT Registration in UAE, we will make it simple. Yes you read it right VAT registration in UAE is now simplified. If you are a new establishment or an existing one, we will access applicability…
9 Important things about VAT in UAE
Here are the 9 important things business must know about VAT in UAE : 1) What is VAT and VAT rate in UAE ? Value Added Tax is a indirect consumption based tax imposed on taxable goods and services at…
UAE VAT Compliant Accounting on the go!
Cloud based accounting made it quick and convenient for you to manage your accounting and business transactions from anywhere. In this blog post we’ll share the benefits of cloud based accounting software's. Secure access, any time on any device; With…