Category: Tax uae

Small Business Relief helps small businesses in the UAE with Corporate Tax. It makes it easier for them to follow Corporate Tax rules. This relief reduces the work they …

The UAE Ministry of Finance has announced significant changes to tax procedures and penalties. The Cabinet Decision No. (74) of 2023 replaces the existing Executive Regulation on Tax Procedures …

Import invoices : The Ministry of Foreign Affairs and International Cooperation has announced that all import invoices worth more than Dh10,000 must be attested by the Ministry, with failure …

Executive Regulation for Tax Procedures - Keeping Accounting Records and Commercial Books, Tax Obligations, Voluntary Disclosure etc

UAE tax penalties reduced and discounts. UAE Cabinet of Ministers issued Decision No. 49/2021 on April 28, 2021. Late payment penalties reduced from 1% per day to 4% per …

Automotive sector VAT : The Federal Tax Authority has published an update applicable to business in the automotive sector such as New car dealers, Used car dealers and Servicing …

VAT Refund for Business Visitors : A foreign business may be entitled to enjoy VAT Refunds of tax paid in certain instances. Process of claiming back the VAT paid …

Know the procedure and how to be prepared for Tax Audit in UAE Tax Audit in UAE: The UAE government has already implemented VAT on the supply of taxable …

VAT Health Check: UAE Tax VAT Health Check: VAT is a complex tax affecting every aspect of your business in the UAE and the worldwide market. As a self-assessing …

Tax Invoices: FTA Decision No. (4) of 2018 on Tax Invoices 1. Where a Registrant makes a supply of Goods or Services through vending machines, there shall be no …