MRADUL GUPTA on 24 June 2023
The concept of Deemed Supply (DS) is included in scope of tax as per UAE VAT law (Law). Definition of DS as per law includes supply of goods or services made wi..
Editor on 12 June 2023
Small and medium enterprises (SMEs) are the backbone of any thriving economy, and the United Arab Emirates (UAE) recognizes their crucial role in driving econom..
MUFADDAL SAFDARI on 07 June 2023
The introduction of corporate tax in the UAE, effective from the financial years starting on or after 1 June 2023, marks a significant milestone in the countrys..
Mohammed alfa Mv on 29 April 2023
Tax is the means by which governments raise revenue to pay for public services. Government revenues from taxation are generally used to pay for amenities such a..
Anu Goel on 03 March 2023
The United Arab Emirates (UAE) has been making strides towards building a modern and efficient tax system that supports the countrys economic growth and develop..
Anu Goel on 28 February 2023
The United Arab Emirates (UAE) introduced a Value Added Tax (VAT) system on January 1, 2018, which requires businesses to comply with certain record-keeping req..
Radhika Kumar on 12 July 2022
UAE has a long-standing association with the gold jewelry industry. It is famously known as the City of Gold. In fact, for a lot of people from the Indian sub-c..
Muhamed Ashique on 24 June 2022
Overview
Determination of accurate VAT treatment is crucial in every business transaction hence, an indispensable care is significant to determine the VAT tr..
Abdulrahman A Bucheeri on 13 April 2022
On 1 January 2022, the standard rate of VAT in Bahrain was increased from five percent to ten percent, making Bahrain the second GCC country to lift the VAT rat..
Ujjwal Pawra on 11 April 2022
VAT on additional GFA
Over the past years, the UAE has witnessed an exponential growth in the development of real estate projects,and it is known for its fla..
