News & Events

News & Events

Latest News

03 Nov

New direct, indirect taxes to be imposed in UAE

The GCC region is at the elementary stage of tax education and the governments will have to look at

Importance of Maintaining books of accounts
14 Jan

Importance of Maintaining books of accounts

Books of accounts maintenance and retaining of supporting / relevant records are highly essential fo

VAT De Registration – Requirements and Procedures
07 Jan

VAT De Registration – Requirements and Procedures

As per Article(21) of Federal Decree – Law No. 8 of 2017, taxable person must apply for de reg

Holiday – Martyrs day and UAE National day
25 Nov

Holiday – Martyrs day and UAE National day

Our valued customers, Please be informed that our office will be closed for four days from 30 Novemb

Non-recoverable input tax – entertainment services
15 Nov

Non-recoverable input tax – entertainment services

VATP005 – VAT Public Clarification Issue   Article 53 of Cabinet Decision No. (52) of 2017 on

Use of Exchange Rates for VAT purposes – VATP004
15 Nov

Use of Exchange Rates for VAT purposes – VATP004

VATP004 – VAT Public Clarification – Use of Exchange Rates for VAT purposes Issue A

Labour accommodation: residential V/S serviced property
14 Nov

Labour accommodation: residential V/S serviced property

VATP003 – VAT Public Clarification – Labour accommodation: residential versus serviced p

Profit margin scheme – eligible goods – VAT Public Clarification
14 Nov

Profit margin scheme – eligible goods – VAT Public Clarification

  Issue It is important that businesses properly identify those goods which qualify to be sold

VAT treatment of compensation-type payments – VAT P001
14 Nov

VAT treatment of compensation-type payments – VAT P001

VAT Public Clarification  – VAT P001  Issue  VAT is a tax on supplies of g

Daily max VAT refund for tourist capped at Dh10,000 in cash
13 Nov

Daily max VAT refund for tourist capped at Dh10,000 in cash

Dubai: The UAE has issued a decision on its tax refunds for tourists scheme, setting out the impleme

Public Transportation – VAT Clarification P007
13 Nov

Public Transportation – VAT Clarification P007

Public Transportation – VAT Clarification P007  Issue  Article 34 of Cabinet Decision No. 52

VAT P006-TAX Invoices-Public Clarification on TAX Invoices
11 Nov

VAT P006-TAX Invoices-Public Clarification on TAX Invoices

PDF format is attached. click here VATP006-Tax-Invoices Issue Article 59 of Cabinet Decision No

Value Added Tax (VAT)
10 Nov

Value Added Tax (VAT)

Value Added Tax or VAT is a tax on the consumption or use of goods and services levied at each point