Traya Roy on 16 May 2023
In a recent development, the Ministry of Finance has implemented Ministerial Decision No (97) of 2023, which establishes comprehensive guidelines for maintainin..
Traya Roy on 02 September 2021
The Common Reporting Standard (CRS) applies to certain Financial Institutions which are located in the Kingdom of Saudi Arabia (KSA). Reporting KSA Financial In..
Traya Roy on 07 May 2020
WHAT...
Under UAE VAT Law, the responsibility to levy, collect and pay tax to the government is on the supplier who is making taxable supplies. Under reve..
Traya Roy on 18 March 2020
The 31st March 2020 Economic Substance Regulations (ESR) notification deadline previously advised by Dubai International Financial Centre (DIFC) has been postpo..
Traya Roy on 18 February 2020
The UAE and Saudi Arabia were the first two countries to implement VAT beginning January 1, 2018, followed by Bahrain, which deployed the new system at the star..
Traya Roy on 13 February 2020
Public Clarification EXTP004 issued by the Federal Tax Authority (FTA) provides guidance on situations where stockpilers may be allowed to deregister where less..
Traya Roy on 27 November 2019
My company has two offices registered with two licenses with same name.
I am in the process of applying for TRN. Which is a better option - Separate TRN for ..