Contribution by Nusrat Abbas

        Export from DFZ to ROW
UAE
Export from DFZ to ROW
Nusrat Abbas on 01 February 2021
A company based in mainland placed an order to a supplier who based/registered in DFZ ( jabel ali) to directly export his customer in ROW. The goods did not mov..
      Single-Member LLC & ESR Regulation Requirements
UAE
Single-Member LLC & ESR Regulation Requirements
Nusrat Abbas on 14 December 2020
LimitedLiability Company- Single Owner (LLC-SO) A single member LLC ( Single Owner) is liable to file ESR notification Report? ..
  Sole Proprietorship is out of Scope of ESR but if carrying our Relevant Activity, Need to Submit Notification/Report
UAE
Sole Proprietorship is out of Scope of ESR but if carrying our Relevant Activity, Need to Submit Notification/Report
Nusrat Abbas on 14 December 2020
If Licensee is Sole Proprietorship which is out of scope of ESR regulation but if carrying RA, what is the requriement in this case, they should submit Notifica..
       Spelling Correction in one of Member in a Tax Group
UAE
Spelling Correction in one of Member in a Tax Group
Nusrat Abbas on 29 November 2020
At the time Tax Group Registartion, one of members name has spelling error. Isthereany way to make correction in the member name in a Tax Group? ..
Goods Imported for Trading but self used for a period & then sold
UAE
Goods Imported for Trading but self used for a period & then sold
Nusrat Abbas on 25 November 2020
In a case, a company imports LCD for trading and apply RCM and few LCD werefixed at various its owndisplay centres across UAE, after period of 6 months, these L..
           Bonus/Incentive VAT Treatment
UAE
Bonus/Incentive VAT Treatment
Nusrat Abbas on 18 November 2020
In a case where local/Foreign Principal pays Quaterly/Annually an amount of Bonus/Incentive against acheving the Targets ofAmount/Quantity of supplies upon sati..
         Export/Custom Values differ from Tax Invoice Amount
UAE
Export/Custom Values differ from Tax Invoice Amount
Nusrat Abbas on 04 November 2020
If in a case where export amounts are less reported in Custom Department ( Export declaration) as compared to our Tax Invoice of 0% in case of Vice- Verse. ..
     Rebates, discounts & other incentives
UAE
Rebates, discounts & other incentives
Nusrat Abbas on 27 October 2020
There is an ambiguity in VAT treatment on Rebates, discounts and other incentives received from Local or Foreign Principals? What is accurate treatment of VA..
           Re-charge on Salik & Traffic Fine
UAE
Re-charge on Salik & Traffic Fine
Nusrat Abbas on 26 October 2020
In Rent a Car business, we pay Salik Traffic Fine on behalf of customers and same recover from them with admin fee. We do not charge VAT on Salik Traffic Fine..
  imports upto 1000 As per UAE VAT Law
UAE
imports upto 1000 As per UAE VAT Law
Nusrat Abbas on 21 October 2020
For UAE Vat law, imports upto 1000 are cleared and paid by courier and do not appear as reverse change for VAT Law. It is locally charged by courier companie..

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