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Value Added Tax (VAT) compliance and audits are crucial aspects of running a business in the United Arab Emirates (UAE) or any part of the world. With the UAE's implementation of VAT in recent years, it's essential for businesses to…
Brilliant Ways to Save (VAT) Value-Added Tax Expenses in the United Arab Emirates (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…
Consequences of Non-filing or Late Filing of VAT Return in UAE: Don't Let it Cost You! 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…
Corporate Tax: Understanding the Basics 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…
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 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…
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…
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…
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