Tanvi on 27 June 2020
Bahrains National Bureau for Revenue (NBR) has issued details on the VAT treatment of obsolete stock in the technical FAQs on their website, along with the Obso..
Tanvi on 02 June 2020
UAEsFederal Tax Authority (FTA) has asserted that its recent decision to postpone the final step of phase two of the Marking Tobacco and Tobacco Products Scheme..
Tanvi on 24 March 2020
The Federal Tax Authority (FTA) has published an updated version of the list of Value Added Tax (VAT) Designated Zonesby renaming two Designated Zonesas follows..
Tanvi on 25 February 2020
Sheikh Mohammed on Sunday issued Law No. (3) of 2020 on the Dubai Multi Commodities Centre (DMCC).
The new Law outlines the organisational structure of D..
Tanvi on 19 February 2020
We are a Dubai World registered entity engaged in importing goods from JAFZA. After importing, the goods sold to customers. The goods are cleared from JAFZA usi..
tanvi on 13 February 2020
Issue
This Public Clarification explains the Excise Tax obligations for stockpilers of sweetened drinks, electronic smoking devices and tools, or liquids used ..
Tanvi on 03 February 2020
When we import goods, the customs uses an exchange rate to convert the USD value of goods in Dirhams. However, when we pay VAT, we have to use the Central Bank ..
Tanvi on 30 January 2020
The International Monetary Fund has urged OPEC member Kuwait to introduce a package of reforms that includes imposing taxes and phasing out subsidies to plug a ..
Tanvi on 06 January 2020
The Federal Tax Authority (FTA) has revealed that the number of tax registered businesses has increased to 3,12,000 thanks to the growing awareness among busine..
Tanvi on 30 December 2019
Dubai Customs has developed a customs clearance system that would allow admission of goods to be exhibited at Expo 2020 to be cleared faster and will not be sub..