VAT registration status
UAE
VAT registration status "In Processing"
amy on 02 January 2024
What does it mean if the VAT registeration application status show as In Processing on FTA portal? ..
GCC Tranasctions - UAE & KSA
UAE
GCC Tranasctions - UAE & KSA
John mathias on 02 November 2023
Hi Everyone, Can I please know what is the current scenario for transactions between UAE KSA? Whether we should charge VAT to KSA customers and vice versa f..
How Audit can help increase the profit margins of the business of the business
UAE
How Audit can help increase the profit margins of the business of the business
Zeeshan Sharif on 11 September 2023
A companys financial situation must be regularly monitored in order for it to improve. Auditing may aid with business understanding by analysing the numerous ac..
Corporate Tax Registration
UAE
Corporate Tax Registration
RAMEES ALI on 12 August 2023
If a person owns more than One business with entity type sole proprietorship LLC, will he be obligated to get separate Corporate Tax registration for all the li..
Zero rating of Export of Deemed Supplies! Does the concept work?
UAE
Zero rating of Export of Deemed Supplies! Does the concept work?
MRADUL GUPTA on 24 June 2023
The concept of Deemed Supply (DS) is included in scope of tax as per UAE VAT law (Law). Definition of DS as per law includes supply of goods or services made wi..
Global Tax Architecture - United Nations
Global Tax Architecture - United Nations
Alfredo Collosa on 14 June 2023
Recently the United Nations published a policy brief Reforms to the International Financial Architecture [1] . It sets out action-oriented recommendations for r..
 UAE's Federal Tax Authority's
UAE
UAE's Federal Tax Authority's
Editor on 12 June 2023
Small and medium enterprises (SMEs) are the backbone of any thriving economy, and the United Arab Emirates (UAE) recognizes their crucial role in driving econom..
UAE Ministry of Finance Introduces Corporate Taxation Guidelines for Non-resident Persons
UAE
UAE Ministry of Finance Introduces Corporate Taxation Guidelines for Non-resident Persons
Editor on 07 June 2023
The UAE Ministry of Finance has unveiled new guidelines for non-resident entities regarding corporate taxation. Cabinet Decision No. 56 of 2023 establishes a fr..
Comparing the Implementation of VAT and Corporate Tax in the UAE: Key Differences and Implications for Businesses
UAE
Comparing the Implementation of VAT and Corporate Tax in the UAE: Key Differences and Implications for Businesses
MUFADDAL SAFDARI on 07 June 2023
The introduction of corporate tax in the UAE, effective from the financial years starting on or after 1 June 2023, marks a significant milestone in the countrys..
Cabinet Decision No. 56 of 2023 on Determination of a Non-Resident Person’s Nexus in the State for the Purposes of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses
UAE
Cabinet Decision No. 56 of 2023 on Determination of a Non-Resident Person’s Nexus in the State for the Purposes of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses
Lubna Yassa on 07 June 2023
Cabinet Decision No. 56 of 2023 on Determination of a Non-Resident Persons Nexus in the State for the Purposes of Federal Decree-Law No. 47 of 2022 on the Taxat..

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