Table of Contents What are VAT and Tax Audits in the UAE? Tax Rate in the UAE Importance of VAT Audit in the UAE 10 Reasons Why Businesses in Dubai Need Consultants to Prepare for FTA VAT Audit Tax Registration Types of Registration: Mandatory Registration Threshold for VAT in the UAE Penalties for Non-Compliance Making …
Low taxes bring the UAE, Dubai in particular, to the fore just like a sore thumb on the world map to start a business or invest. But this three-letter word – tax, no matter how little it is, can throw anyone into a tizzy, whether businesses or individuals. And if you are not acquainted with …
Featuring business-friendly policies, world-class infrastructure, intelligent transportation, top-of-the-line living standard, a mixed bag of people and cultures, the strategic location of the nation, plenty of free zones, a cartload of business opportunities and so much more, the UAE offers myriad perks and benefits to budding entrepreneurs as well as seasoned business persons. But the most …
Why do you need a VAT consultant for your business? Read More »
“A fine is a tax for doing something wrong. A tax is a fine for doing something right.” You first chose UAE to be your business destination majorly because it’s a tax-free country (not completely though!). Then you fell for Dubai mainly because the emirate bursts at the seams with expats and tourists giving rise …
Designated Free Zones for VAT Purposes in the UAE Explained Read More »
Tax-registered companies in the UAE are obligated to pay Value Added Tax (VAT) to the government at a rate of 5 per cent on their taxable supplies at each step of the supply chain, be it goods or services. Infamous for being a tax-free nation, the UAE brought into existence a “VAT system” on 1 …
VAT on Digital Marketing Services in Dubai Explained Read More »
