Vat Implications On E-Commerce Transactions
The fast rise of sites like Amazon has made it possible to shop online wherever you are. This means that consumers can now go ahead with merchants without crossing borders. However convenient, the issue of taxation, particularly value-added tax (VAT), is something online businesses must still contend with. This is even more true if you […]
The Impact Of Corporate Tax On Foreign Investment In The UAE
Throughout history, there have been instances when the UAE wanted to encourage diversification, growth in the economy, and entrepreneurship through being an exemplary example of good business policies. Alongside this strategic move stands the fact that the country has been most successful in economic diversification away from an oil and gas-dependent revenue base into technology, […]
How to Reduce Tax Liabilities Legally in the UAE
Part of running a business is knowing how to handle your tax obligations. Now that the corporate tax in UAE has been rolled out. It has become crucial for entrepreneurs like yourself to maximize tax outgo without breaking the law. With the proper approach, you can manage compliance and achieve better financial outcomes for your […]
Why UAE Businesses Are Choosing to Outsource Accounting
In recent years, a few enterprises in the UAE have started outsourcing their accounting. As the owner or manager of a business in the UAE, you may wonder why outsourcing is so popular. Saving money is only one aspect of outsourcing accounting duties, but numerous other benefits can help you out. It doesn’t matter if […]
How Tourists Can Claim VAT Refunds: Everything You Need to Know
Tourism in the UAE remains in dashing growth, and interest in knowing how international guests’ tax systems work is growing. However, one benefit that many tourists still don’t know about is the VAT refund on certain selected purchases made during their stay. Understanding how this complex process functions can help tourists save money and be rewarded with […]
Corporate Tax Registration Late Fee: How to Resolve It with Expert Assistance?
Did you miss your corporate tax registration deadline? Don’t panic! This is a challenge that many UAE businesses face, and they pay costly late fines. It can make you financially strained and create unwanted stress. Many business tax consultants in Dubai help businesses like yours resolve tax registration issues quickly. Let us guide you through simple […]