Lubna Yassa on 18 November 2020
UAEs Federal Tax Authority (FTA)has releasedVATPublicClarificationon Dubai Owners Associations and Management Entities (VATP022)
In November 2019, all rights..
Yasmin Gogi on 10 November 2020
As a part of an ongoing cooperation between UAEsFederal Tax Authority (FTA) and the Ministry of Finance, FTA is all set to issue both digital Tax Residency and ..
SAJITH NAIR on 08 November 2020
The Ministry of Finance UAE has now released Guidances on the new ESR Notification and Report templates published recently. The guidance is explanatory notes to..
SAJITH NAIR on 04 November 2020
The Ministry of Finance UAE has provided an update on the revised ESR notifications to be submitted. As per the Ministry website, the online portal to submit th..
Mehreen on 03 November 2020
Omans Finance Ministry aims to introducean income tax on high earners in 2022, to restore finances battered by low oil prices.
None of the six Gulf Cooperation..
SAJITH NAIR on 23 October 2020
The Ministry of Finance in UAE has released the much awaited updates on Economic Substance Regulations. The template for updated ESR Notification form and the E..
Naseer on 13 October 2020
Oman has released the following VAT guidelines:
1. VAT Information Sheet: Click Here
2. VAT Basics for individuals: Click Here
You can access Law includi..
Tanvi on 13 October 2020
On Monday 12 October 2020, His Majesty, the Sultan of Oman, Sultan Haitham bin Tariq bin Taimur, issued Royal Decree No.121/2020 in relation to implementation o..
SAJITH NAIR on 12 October 2020
VATP021 - Public Clarification on VAT registration of Sole Establishments
The Federal Tax Authority, UAE has released a new public clarification addressing t..
Naseer on 28 September 2020
Omans Tax Authority has announced implementation of Excise Tax on sweetened drinks witheffectfrom 1st October 2020. According to Article 15 of Excise Tax Law, a..
