Tax & VAT

UAE TAX News

All you need to know about Taxes in the UAE and GCC countries including VAT, Excise tax, registration process for Value Added Tax (VAT) and tax laws and ...

VAT/ TAXApr 20, 2021UAE tax rules relaxed, penalties reduced in the UAETax rules relaxed, penalties reduced in the UAE The cabinet also approved the issuance of a decision regarding…Read article Audit & Assurance ServicesApr 12, 2021Registration for non-financial entities, individuals for Anti Money Laundering in the UAE extended until April 30Registration for non-financial entities, individuals for Anti Money Laundering in the UAE extended until April 30 Decision due…Read article 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 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 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 Business NewsMar 4, 2021UAE New Fines for Money Laundering, Terror FinancingLatest UAE Fines for Money Laundering, Terror Financing Many were forced to stay on because of travel restrictions…Read article UAE TAX NewsFeb 23, 2021CRS Common Reporting Standards in the UAECRS Common Reporting Standards in the UAE FATCA In 2010, the United States enacted FATCA to increase income…Read article Audit & Assurance ServicesJan 28, 2021Penalty for Failing File Economic Substance (ESR) Notification Before DeadlinePenalty for Failing File Economic Substance (ESR) Notification Before Deadline ESR an overview The UAE has been implementing…Read article Business NewsNov 24, 2020Latest law in the UAE allows 100% foreign ownership of businessesThe latest law in the UAE allows 100% foreign ownership of businesses The government of the United Arab…Read article VAT/ TAXNov 19, 2020Reporting Period for ESRReporting Period for ESR The Regulations apply to financial years commencing on or from 1 January 2019. Entities…Read article Accounting ServicesOct 25, 2020UAE businesses on VAT or excise tax will now face heavy penalties by Voluntary disclosuresUAE businesses on VAT or excise tax will now face heavy penalties by Voluntary disclosures From now on,…Read article
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