IntroductionRespected supplies are not truly supplies which a commerce makes. Because it were for the reason of VAT, these are considered on standard...
With the implementation of VAT in the UAE on January 1, 2018, companies located in free zones are largely concerned about the impact of VAT on their b...
In a previous article outlining the Proposed Tourist VAT Refund Scheme within the context of UAE VAT, we elaborated on the proposed electronic system...
In a previous article, we discussed the Proposed Tourist VAT Refund Scheme within the UAE VAT framework, which introduced the concept of an electronic...
If you are a business owner, it is time to align your business practices with the VAT (value-added tax) system.As you are aware, the UAE and Saudi Ara...
In January 2022, the UAE Ministry of Finance willdeclared the federal corporation tax (CT) would be implemented. Corporate tax is a direct tax levied...
IntroductionEach exchange has certain common exchange costs which are caused on a day to day preface. With the introduction of VAT in UAE, certain sor...
The ZATCA’s system (Fatoora Portal) will be combined with the business’s software, such as accounting software, EPR, etc., during the integration phas...
The implementation of the first phase (generation phase) of e-invoicing in Saudi Arabia begins on December 4, 2021 and is subject to the e-invoicing r...
In UAE VAT, Input VAT is permitted to be recuperated on all things and organizations utilized or organizing to be utilized for the trade reason but th...
Omani companies can raise finance through debt or company equity. Income taxes are not levied by the government on:Dividends from a sole proprietorshi...
What is the UAE Free Trade Agreement?FTA stands for UAE Federal Tax Authority. It is the government agency responsible for administering, collecting a...
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