Q&A

UAE
Corporate Tax Registration
RAMEES ALI 12 August 2023
If a person owns more than One business with entity type sole proprietorship LLC, will he be obligated to get separate Corporate Tax registration for all the li..
KSA
Licensing/Business conditions to import ambulances into Saudi
Dolly Lim 29 March 2023
May I know: 1) What are the business licensing requirements to import ambulances into KSA? Is there website/document guideline? 2) Are import of refurbish..
KSA
VAT on import of Ambulance Vehicle
Dr. Mujeeb Ahmed Baig 07 August 2022
Does VAT apply to buy and import of Ambulance vehicle to saudi Arabia from UAE? ..
UAE
Financial lease
Navya Agarwal 21 March 2022
Can financial leasing activity in UAE be practiced without a license from the central bank? ..
UAE
ESR Reporting for Exempt Licensee
Nusrat Abbas 07 December 2021
A case where entities are owned by UAE nationalsSole Establishment/LLC and carrying activites in UAE,is considered as Exempt Licenseee. They still required to s..
Sale of Business Asset to an employee
Aastha Malik 31 May 2021
Will sale of a business asset to an employee at a high discounted price be considered a taxable supply? If yes, Is a tax invoice required to be raised? ..
Mistakes in Emirates wise sales
Varuna K. Raj 09 May 2021
Dear Members, I need to know what should be done when mistake is done in reporting emirates wise sales since VD wont be an option due to no difference in tax am..
UAE
ESR
Tejveer Singh 24 March 2021
ESR:- If a DAFZA company has a virtual license in UAE. It does not have a physical presence in the UAE and there is no employee during the F.Y. In that case in ..
Reconsideration request and refund
Robin Sen 09 March 2021
If the appeal for reconsideration is accepted by FTA and waives the penalty for the deregistered business that has closed its bank account, how do you get the r..
UAE
ESR
Tejveer Singh 09 March 2021
A Dubai based company ABC LLC has subsidiaryXYZ in Malashiya (It is falling within ESR Group deifinition). XYZ Malashiya based subsidiary company outsourcing th..

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