Advantages and Disadvantages of VAT in the UAE
In this article, we’ll take a close look at the advantages and disadvantages of VAT in the region. Advantages of VAT in UAE Value Added Tax was implemented by the …
Value Added Tax
VAT Treatment on Financial Services in UAE
Understanding how Value-Added Tax (VAT) is treated on financial services in the UAE is critical for businesses operating within the jurisdiction. Thus, it is advisable to seek the expert services …
Amended VAT Treatment for Director Services
In order to make certain changes to the Federal Regulation (No. 8 of 2017) on VAT, the UAE government issued the Federal Regulation No.18 of 2022 on VAT. On 21 …
UAE Introduces VAT Changes in Gold & Diamond Sector
Corporations buying gold and diamonds are compelled to remit VAT at the moment of the sale in the VAT system. The FTA has opted to use the reverse charge method …
How to Claim Input VAT on Imported Goods in the UAE
Value Added Tax or VAT is payable at the point of importation to the UAE. Any imported good is liable to VAT with the same rate which applies to a …
VAT Refund for Visiting Unregistered Foreigner Businesses in UAE
There are many foreign unregistered companies that visit UAE temporarily to do business legally under certain circumstances. Businesses have to pay taxes as Value Added Tax or VAT in the …
