Dilip Jain on 05 July 2021
FTA VAT Guidance on automotive sector ( VATGAM1)
The guide is applicable for supplies made by motor vehicle dealers in the UAE:
supply of new cars
th..
Dilip Jain on 29 March 2021
Adjustment on Account of Bad Debt Relief- Public clarification
This article on the bad debt adjustment covers three sections:
Relevant provisions o..
Dilip Jain on 26 March 2021
As per Article 2 of the VAT Decree Law,VAT shall be imposed on every taxable supply and deemed supply made by a taxable person and import of concerned goods int..
Dilip Jain on 18 November 2020
Owners associations- Public Clarification
The Past:
Owners associations (OA) have been in a somewhat tricky position since the introduction of value added..
Dilip Jain on 12 October 2020
VAT registration of Sole Establishments
Query:
Whether each sole establishment, owned by a natural person , needs to obtain VAT registration separately or..
Dilip Jain on 12 October 2020
VAT-free special offers
This article , based on public clarification VATP020discusses VAT-free special offers as promotions to entice prospective buyers to p..
Dilip Jain on 25 September 2020
For UAE Vat law, imports upto 1000 are cleared and paid by courier and do not appear as reverse change for VAT Law.
Following text will explain the rationale..
Dilip Jain on 30 July 2020
The first virtual workshop for tax agents organised by UAEs Federal Tax Authority (FTA)
Input tax deduction and segmentation - July 7, 2020
Time frame ..
dilip jain on 22 July 2020
The Article explains the recent Federal Tax Authority (FTA)clarification on export of services and conditions attached to it.
Article (31)
Zero-rating th..
dilip jain on 19 July 2020
Taxability of Director Services:
UAE Vat law
In particular, employees who perform services for their employer are not considered to be making a taxable su..
