Posted on 22 February 2022
Zakat, Tax and Customs authority announced the reclassification of VAT violations and penalties related to field violations from taxpayers failure to comply wit..
Posted on 01 February 2022
As we all know by this time that UAE will introduce a federal corporate tax on business profits effective for financial years starting on or after 01st June 202..
Posted on 20 October 2021
The Organization for Economic Co-operation and Development (OECD) and UAE plans to introduce more taxes with the new global tax deal.
After all major countri..
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..