Q&A

UAE
ESR
Tejveer Singh 07 March 2021
I want to made a request to amend my Notification/Report (or Economic Substance Report), when and how long I can request to amend the form and when will the req..
UAE
Disclosure in return when goods sold directly from supplier to buyer in another country
Ritik 24 February 2021
A JAFZA based company buying material from Abu Dhabis company directly sell to a customer in Sharjah without physically bringing the material to JAZFA. Where th..
Output tax on sale of Commercial Property
Sumita 24 February 2021
Hello tax friends, what will be the entry in the booksof supplierin case of Output Tax on sale of commercial property since he has raised the Tax invoice but th..
UAE
ESR
Suresh 28 December 2020
What is the definition of tangible assets for the purposes of ESR Regulations. As detail of Net Book Value of tangible assets is required to be provided in ESR ..
Out of Scope Supplies
Harsha Kumar 22 December 2020
Hello friends, I would like to know if FTA can ask for out of scope supplies records. Thanks ..
UAE
Single-Member LLC & ESR Regulation Requirements
Nusrat Abbas 14 December 2020
LimitedLiability Company- Single Owner (LLC-SO) A single member LLC ( Single Owner) is liable to file ESR notification Report? ..
UAE
Sole Proprietorship is out of Scope of ESR but if carrying our Relevant Activity, Need to Submit Notification/Report
Nusrat Abbas 14 December 2020
If Licensee is Sole Proprietorship which is out of scope of ESR regulation but if carrying RA, what is the requriement in this case, they should submit Notifica..
UAE
Senior Financial Analyst
Ankitkumar Jain 10 December 2020
Hello, My query is in respect of the Economic Substance Regulations introduced in UAE in early Jan 2020. I need certain clarification on the scope of the rel..
Rent on Bare Land
Mahesh Jain 18 November 2020
Hi, Is rent generated on bare land taxable? ..
KSA
Place of supply for KSA based customer
Sami 16 November 2020
Hello, I will like to know what will be the place of supply incase price is charged separately for material and for assemblyfor a Saudi Arabia based customer. H..

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