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UAE TAX NewsApr 11, 2021Temporary Zero Rating – of Certain Medical Equipment in the UAETemporary Zero Rating- of Certain Medical Equipment in the UAE The tax authority of the United Arab Emirates…Read article VAT/ TAXApr 6, 2021Understanding VAT de-registration, an obligation or an option in the UAE?Understanding VAT de-registration in the UAE in Detail I – Obligation to De-register A VAT-registered person must mandatorily…Read article Business NewsMar 30, 2021Adjustment on Account of Bad Debt Relief – VAT Public ClarificationVAT Public Clarification -Adjustment on Account of Bad Debt Relief VATP024 – Public Clarification Where a VAT registered…Read article Business LiquidationMar 25, 2021Different Modes of Winding up/Liquidation in DMCCModes of Winding – Up/ Liquidation of Companies in DMCC The following are the four modes of winding-up…Read article Audit & Assurance ServicesMar 24, 2021When to Be Ready for DMCC Audit in the UAE for the Year 2021When to Be Ready for DMCC Audit in the UAE for the Year 2021 Considerations for DMCC Companies…Read article Audit & Assurance ServicesMar 21, 2021Things to remember for a first time audit in the UAEGetting Ready for First Time Audit in the UAE Considerations for startup companies Companies that successfully address audit…Read article VAT/ TAXMar 18, 2021VAT on Higher Education Sector in the UAEVAT impact on educational institutions Prescribed education supplies are traditionally exempt from VAT and this may be the…Read article VAT/ TAXMar 18, 2021VAT on Education SuppliesVAT on Education Supplies The ‘Gulf Cooperation Council’ (GCC) states are gearing toward the introduction of a ‘Value…Read article Business NewsMar 18, 2021Registration in anti-money laundering (AML) for Businesses in the UAERegistration in anti-money laundering (AML) for Businesses in the UAE The deadline for non-financial businesses is March 31;…Read article Business NewsMar 17, 2021UBO Declaration for JAFZA Companies Due DatesDue Dates for Declaration of Ultimate Beneficiary Owners (UBO) in JAFZA Companies Few things about JAFZA Jafza is…Read article VAT/ TAXMar 8, 2021Services provided by artists, social media influencers subject to VAT in the UAEServices provided by artists, social media influencers subject to VAT in the UAE Announcement shared in the latest…Read article Accounting ServicesMar 6, 2021AED 1,000 per employee: Fine for UAE firms not paying salariesAED 1,000 per employee: Fine for UAE firms not paying salaries Employment Law, an employee shall be remunerated…Read article
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