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 […]
Comprehensive Guide: UAE VAT – Registration Criteria
The UAE business landscape underwent а profound transformation in 2017 with the implementation of Value Aԁԁeԁ Tax (VAT). This tax was established through Federal Decree-Law No. 8 of 2017 by the Federal Tax Authority (FTA). Effective from January 1st, 2018, this taxation framework has had a huge impact on businesses and individuals in the UAE. […]