General Consumption Tax or Value Added Tax (VAT) is a type of excise tax that is applicable on the sales…
As of April 2024, Oman continues to enforce the 5% VAT rate introduced in April 2021 under Royal Decree (No.…
The United Arab Emirates (UAE) introduced the Value Added Tax (VAT) in 2018 and this law provides that any foreign…
The Federal Tax Authority introduced Federal Decree-Law No.8 of 2017, which took effect on January 1, 2018, governing the Value…
According to the Federal Decree Law of 2022 regarding tax procedures, the voluntary disclosure is a form prepared for the…
To provide comprehensive guidance to taxpayers, this article address frequently asked questions (FAQs) about Value Added Tax (VAT) filing in…
VAT is a very important component of the taxation system in the UAE. As a business, you are required to…
As per the latest clarification from the FTA on July 31 2023, regarding e-commerce, the Federal Tax Authority (FTA) has…
In this article, we deal with the frequently asked questions about VAT in UAE issued in accordance with Federal Decree…
Tax credit note under UAE VAT law means the the document which records any amendment to the taxable supplies, whether…