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UAE Ministry of Finance Introduces Three New Ministerial Decisions to Enhance Corporate Tax System
UAE
UAE Ministry of Finance Introduces Three New Ministerial Decisions to Enhance Corporate Tax System
Posted on 23 May 2023
The UAE Ministry of Finance has recently unveiled three new Ministerial Decisions, intended to bolster the implementation of Federal Decree-Law No. 47 of 2022 o..
New Ministerial Decision Sets Conditions for Continued Exemption Status or Termination of Exempt Status under Federal Decree-Law No. 47 of 2022 on Corporate and Business Taxation
UAE
New Ministerial Decision Sets Conditions for Continued Exemption Status or Termination of Exempt Status under Federal Decree-Law No. 47 of 2022 on Corporate and Business Taxation
Posted on 11 May 2023
The Ministry has issued new guidelines outlining the conditions under which a person can be deemed as an exempt person, or have their exempt status terminated, ..
Zakat, Tax and Customs Authority Announces Criteria for Selecting Taxpayers in Wave 4 for E-invoicing Implementation's Integration Phase
KSA
Zakat, Tax and Customs Authority Announces Criteria for Selecting Taxpayers in Wave 4 for E-invoicing Implementation's Integration Phase
Posted on 08 May 2023
Zakat, Tax and Customs Authority (ZATCA) has announced that VAT-registered taxpayers whose revenues exceeded 150 million Saudi Riyals during 2021 or 2022 must i..
Customer Council outlines procedures for recovering VAT Incurred on Construction and Operation of Mosques
UAE
Customer Council outlines procedures for recovering VAT Incurred on Construction and Operation of Mosques
Posted on 08 May 2023
UAEs Federal Tax Authority (FTA) collaborated with the Department of Islamic Affairs in Sharjah to hold a Customer Council session on recovering Value Added Tax..
Federal Tax Authority approves financial statements and reviews transformative projects
UAE
Federal Tax Authority approves financial statements and reviews transformative projects
Posted on 03 May 2023
His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Chairman of the Board of Directors of the Federal Tax Authority (FTA), has chaired a meeting of ..
Zakat made easy: ZATCA's Zakaty App helps individuals pay their Zakat with ease and transparency
KSA
Zakat made easy: ZATCA's Zakaty App helps individuals pay their Zakat with ease and transparency
Posted on 19 April 2023
Zakat, Tax and Customs Authority (ZATCA) is encouraging individuals to pay their Zakat via the Zakaty App or website. The service offers the ability to calculat..
Zakat, Tax and Customs Authority Extends
KSA
Zakat, Tax and Customs Authority Extends "Cancellation of Fines and Exemption of Financial Penalties" Initiative for an Additional Six Months
Posted on 19 April 2023
Kingdom of Saudi Arabias Zakat, Tax and Customs Authority (ZATCA) is urging taxpayers to take advantage of the Cancellation of Fines and Exemption of Financial ..
Federal Tax Authority (FTA) convenes Customer Council to enhance tax culture and customer experience in the UAE
UAE
Federal Tax Authority (FTA) convenes Customer Council to enhance tax culture and customer experience in the UAE
Posted on 13 April 2023
UAEs Federal Tax Authority (FTA) organized a Customer Council to enhance tax culture and customer expectations as part of the Customer Councils initiative. The ..
ZATCA publishes the english version of the tax amnesty guideline
KSA
ZATCA publishes the english version of the tax amnesty guideline
Posted on 27 June 2022
The KSA Zakat, Tax, and Customs Authority (ZATCA) has published the English version of its guideline on the amnesty for tax penalties announced earlier this mon..
FTA publishes VAT public clarification on gold-making charges
UAE
FTA publishes VAT public clarification on gold-making charges
Posted on 27 June 2022
The UAEs Federal Tax Authority (FTA) has published a Value Added Tax (VAT) Public Clarification (VATP029) on the consideration received by gold jewelers for mak..

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