Non-compliance with UAE VAT legislation can result in penalties. This article provides a comprehensive overview of the key VAT compliance requirements for businesses in the UAE, including registration requirements, tax …
Crucially, the UAE as an international trading hub has established a clear VAT system that in turn underpins more general fiscal policy and structural change goals. For those companies operating …
Today, companies, especially those operating in the sphere of government contracts, address their financial and compliance issues in a considerably different way, at least in the United Arab Emirates, thanks …
Bad debt is any cost that is borne by the supplier when supplying a client and the latter fails to pay in any way for goods offered to them. In …
Value added tax, also referred to as VAT became effective in the United Arab Emirates (UAE) on the first of January, 2018 and was one of the biggest transformation that …
Like all other people, tax consultants in UAE have so many responsibilities as well. It has to be done in a proper manner to make things work, recovering the tax …
