News

UAE

ESR date and other details released by JAFZA

Posted on 16 June 2020
Jebel Ali Free Zone Authority (JAFZA) has announced 30th June 2020 as the last day for submission of Economic Substance Notification (ESR) forms for JAFZA Compa..

KSA

Saudi Arabia increases VAT from 5% to 15%

Posted on 11 May 2020
Saudi ArabiasMinister of Finance Mohammed Al-Jadaan has announced anincrease in the value-added tax rate (VAT) and suspension of cost-of-living allowances askey..

UAE

DWTC announces ESR Notification Date

Posted on 09 May 2020
Dubai World Trade Centre (DWTC), a well established Free Zone in the Emirate of Dubai in UAE has announced the ESR Notification Date for DWTC Companies as 30th ..

UAE

DACC announces ESR Notification Date

Posted on 09 May 2020
Dubai South Free Zones Licensing and Regulating Authority i.e. Dubai Aviation City Corporation (DACC) has announced the Economic Substance Notification(ESR) Not..

UAE

ADGM announces ESR notification date

Posted on 06 May 2020
Abu Dhabi Global Markets (ADGM), the Free Zone for Financial Services Companies in the Emirate of Abu Dhabi in UAE has announced the ESR Notification Date for A..

UAE

ESR Notification Date announced by SAIF and HFZA

Posted on 04 May 2020
Two Leading Free Zones in the Emirate of Sharjah i.e. Sharjah Airport International Free Zone (SAIF) and Hamriyah Free Zone (HFZA) have announced Economic Subst..

UAE

FTA issues a new Public Clarification on "Change in the permitted use of a building"

Posted on 28 April 2020
UAEs Federal Tax Authority has issuedPublic Clarification VATP018 on Change in the permitted use of a building. As per the new clarification, VAT Treatment on t..