Q&A

UAE
co
Karthik 01 June 2022
We are RAKEZ registered company providing consulatancy services to an organisation in KSA. However, the billing for this needs to be done to a Dubai mainland en..
UAE
VAT
Suman Sadhwani 23 April 2022
Dear all, the query pertains to recovery of VAT on import. If in earlier tax periods, VAT on import was not recovered in Box 10 due to missing supporting docume..
GCC
VAT and accrued revenue
Samantha Sharon 19 April 2022
Hi, This is a query re VAT and accrued revenue. Could you please advice whether a VAT liability will arise on a revenue accrual in KSA and UAE? Or will a VAT..
UAE
Real Estate Agent commission
Muhamed Ashique 30 March 2022
A Real estate company jointly with an individual (another agent) closed a deal and earned AED 10000 as commission. However, the developer paid AED 10000 toth..
UAE
Transportation : Out of Scope or Zero rated
Muhamed Ashique 21 March 2022
A transport company in UAE providing Transportation Service from KSA to UAE for a UAE Client Note: Article (22)(1) - For the Supply of transportation Servic..
UAE
Import of pure gold
Rahib Tinwala 23 February 2022
The comapny which is in the business of trading gold and jewelleryimported Pure Gold from outside UAE. The import of pure gold reflected in Box 6 of VAT Return ..
UAE
Input Tax Apportionment working
Nusrat Abbas 29 December 2021
In case where a companysupplies/charge the following expenses to its associates/customers andthe difference between what is input tax already claimed in the tax..
UAE
VAT Registration Certificate
Chetan Panchal 13 December 2021
We are opening a new restaurant oulet and have applied for vat registration certificate,But still not received yet.Can we start selling and what if we didnt got..
UAE
Zero rated services
Burhan Bohra 02 December 2021
We are using fiscal representative (Fiscal representation is a process where an individual or company represents a business in a specific year and in specific t..
UAE
Tax Group Transactions
Nusrat Abbas 30 November 2021
There ar multiple members in tax group and each member has few Dewa accountand Telephone numbers under their own name and invoices received. Due to central cont..

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