The United Arab Emirates has been a fairly new addition to the list of countries that have implemented Value Added Tax (VAT). The government of the UAE has also introduced many laws and regulations which have drastically improved the number of business opportunities one can avail in the country. this has led to a number […]

In accordance with the UAE VAT Law, it has become a necessity for every registered company in the country to pay the respective tax returns on a quarterly basis by the 28 of the next month. This opened up a whole new area of tax management for which the company management should keep in mind. […]

The addition of Value Added Tax (VAT) to the taxation process has impacted businesses from all around the world. UAE was considered a lucrative place for conducting business as there were no taxes for the companies that are registered in the jurisdiction. But even with the 5% tax, the Middle East is still one of […]

There have been many developments in the Online Gaming Industry (also known as the E-Gaming Industry). In the current scenario, the E-Gaming industry is one of the growing industry, and more and more players are coming into the market. this has been possible due to the release of multiplayer games such as PUBG, Free Fire, […]

The government of the United Arab Emirates has implemented the Value Added Tax recently, which will help both corporates and the people of the country. In the long run, the United Arab Emirates will be benefitted and will be able to utilize a new source of revenue while effectively and efficiently removing its reliance from […]

Value Added Tax (VAT) is a type of consumption tax levied on the goods for value addition in every supply chain stage. The member countries of the GCC (Gulf Co-operation Council) have introduced a Value Added Tax (VAT) to check the falling oil revenues and generate an alternate source of income to invest in economy’s […]

The dawn of the world of the internet and technology has opened many doors to others, making things easier. The emergence of freelancing gave people the ability to work at home’s comfort, or wherever they were, without even having to move to an office. As a result, the hustle and struggle of going to work every day are scraped […]

The Implementation of Value Added Tax (VAT) has been a very important change in the taxation regime of the United Arab Emirates. The recent changes released by the Federal Tax Authority (FTA) has some new clarifications to understand. VAT Updates Public Clarification on VAT registration of Sole Establishments The Federal Tax Authority, UAE, has released […]

There is a great need to create and maintain business records in the United Arab Emirates, especially after the implementation of Value Added Tax. Keeping a record of all the transactions related to the business will not only help in finding out the present condition of the business but will also help in deciding a […]

Value Added Tax is an Indirect tax which is levied on most supplies of goods and services. With effect from 1 January 2018, VAT is paid at each phase of the supply chain and is valid to all eligible companies. VAT-registered companies will submit a VAT return document to the Federal Tax Authority (FTA) periodically […]