Posted on 31 May 2021
It has been announced by UAEsFederal Tax Authority (FTA) that there would be a reduction or exception of tax penalties that have been imposed on the violation o..
Posted on 26 May 2021
The Ministry of Economy has conducted an inspection campaign to target establishments that belonged to the Designated Non-Financial Businesses and Professions (..
Posted on 19 March 2021
Since the introduction of VAT in UAE, there have been some challenges relating to the interpretation and application of the applicable VAT laws and penalties. R..
Posted on 19 March 2021
ILBZ Saudi Arabias first integrated logistics zone in Riyadh is recently launched by GACA as the inaugural project in a series of planned special logistics zon..
Posted on 05 March 2021
As per the report by UAEs Federal Tax Authority (FTA), Dh 191.83 million worth of goods were seized last year due to violations of the local tax regulations. Th..
Posted on 25 February 2021
TheGeneral Authority of Zakat and Tax(GAZT) has published Electronic Invoicing regulations on 4thDecember 2020. The English version of the regulation is recentl..
Posted on 04 February 2021
UAEs Ministry of Finance has recently updated FAQs on Economic Substance Regulations.
Additional questions have been updated in the Economic Substance FAQs w..
Posted on 03 February 2021
Recently a Tax evasion crime unit is established by the Attorney general in Bahrain. The new unit set up is in affiliation with the Financial Crimes and Money L..
Posted on 25 January 2021
In 2017, the Gulf Cooperation Council (GCC) countries agreed and announced the first ever Value Added Tax (VAT) framework to allow member nations to develop leg..
Posted on 18 January 2021
Oman Tax Authority has released aVAT Registration Guideexplaining the registration requirements for business and individuals. It explains who is liable to regis..
