Noted Most Common Mistakes Everyone Makes When Registering VAT in UAE
Value Added Tax (VAT) has been in effeсt in UAE from January 2018. Several registration requirements are subject to business owners under the VAT law. The requirements include filing VAT returns with FTA and maintaining their records, and more. During VAT registration and return filings in UAE, most business owners tend to make the same […]
Corporate Tax Exemptions and Incentives in UAE: How to Qualify and Apply for Them
In the past few years, the government of UAE has taken several steps to reduce harmful tax practices and align its policies with international standards of tax transparency. A key step in this regard is the introduction of Federal Corporate Tax Laws. This law has been in effect since June 2023 when the tax rate […]
How to Register for VAT in the United Arab Emirates: A Step-by-Step Guide
Value Added Tax (VAT) is an essential source of Government revenue in many countries around the world. The United Arab Emirates (UAE) implemented a 5% standard VAT rate on January 1, 2018. To ensure compliance with the law, it is vital for UAE-based businesses to grasp the VAT registration procedure. In this step-by-step guide, we […]
UAE Corporate Tax: What You Need to Know About the New Tax Law
The United Arab Emirates (UAE) has recently introduced a new corporate tax law, marking a significant shift in the country’s tax landscape. This article will provide an in-depth look at the new UAE Corporate Tax law and its implications for businesses operating in the UAE. Introduction to the UAE Corporate Tax Law The new corporate […]