Applicability of VAT for Goods Supplied to Designated Free Zones
UAE free zones are special economic zones. They have their own official government laws, including the federal law and the labor ministry laws. For UAE VAT law, VAT is applicable …
Value Added Tax
Guide to Recovering Input VAT on Business Expenses in UAE
TThe VAT law in the UAE allows businesses to recover VAT paid on certain expenses. Input VAT can be reclaimed for any tax period if the total input tax paid …
VAT for Rendering Services to Designated Zones in the UAE: A Detailed Guide
The Federal Tax Authority has published a guide on VAT registration for designated zones. The issuance of this guide is important as it also provides more clarity on the application …
Corporate Tax vs VAT Penalties in the UAE – Which Are Stricter?
This article provides a comparative analysis of Corporate Tax penalties and VAT penalties in the UAE, assessing which is stricter and outlining effective compliance strategies. Difference between Corporate Tax Law …
Corporate Tax vs VAT in UAE – Key Differences
This article provides a clear and practical explanation of Corporate Tax and VAT in the UAE, highlighting their distinct purposes, compliance requirements, and implications for businesses, so you can seamlessly …
VAT Late Payment Penalties in the UAE: Everything You Should Know
The introduction of Value Added Tax (VAT) in the United Arab Emirates marked a significant milestone towards efforts aimed at diversifying the economy and reducing the country’s reliance on oil …
