Goods and Services Eligible for VAT Refund in UAE
Claiming Value Added Tax or VAT back is not a process that is simple and straightforward. There are rules which can be very complex. Not to mention the exceptions to …
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 …
What Businesses Should Know About Voluntary VAT Registration in UAE
In the United Arab Emirates (UAE), registration for VAT is not compulsory for every business entity. While there are businesses that are required by the FTA or Federal Tax Authority …
VAT in UAE During Coronavirus Pandemic
Apart from being concerned regarding the staff’s health and welfare, business owners in the UAE are worried about the impact of the coronavirus (COVID-19) pandemic on the health of their …
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 …
