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/ 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 VAT/ TAXOct 19, 2020New UAE Cabinet Decision No 58/2020 on the Regulation of the Procedures of Ultimate Beneficiary Owners (UBO)New UAE Cabinet Decision No 58/2020 on the Regulation of the Procedures of Ultimate Beneficiary Owners (UBO) Ultimate…Read article VAT/ TAXOct 13, 2020VAT Public Clarification (VATP021) VAT registration of ‘Sole Establishments’VAT Public Clarification (VATP021) VAT registration of ‘Sole Establishments’ This Public Clarification clarifies the VAT registration obligations of…Read article Accounting ServicesOct 12, 2020What are the Economic Substance Regulations (“ESR”) and why did the UAE government enact them?What are the Economic Substance Regulations (“ESR”) and why did the UAE government enact them ? ESR have…Read article VAT/ TAXOct 5, 2020Dubai launches retirement visa scheme for the UAE residentsDubai launches retirement visa scheme for the UAE residents The retirement visa would be renewable every five years…Read article VAT/ TAXSep 30, 2020Tax Residency Certificate in Dubai,UAETax Residency Certificate in Dubai,UAE The UAE does not levy income tax on individuals. However, it levies corporate tax on oil companies and foreign…Read article VAT/ TAXSep 29, 2020Fines for companies in non filing ESR in the UAEFines for companies in non filing of ESR in the UAE The UAE introduced Economic Substance Regulations to…Read article VAT/ TAXSep 27, 2020How to de-register under VAT in the UAEHow to de-register under VAT in UAE Value Added Tax or VAT is a tax on the consumption…Read article Business NewsSep 23, 2020Insights About High Risk IP Business in ESRInsights About High Risk IP Business in Economic Substance Regulation in the UAE The UAE introduced Economic Substance…Read article VAT/ TAXSep 17, 2020Economic Substance Regulations Filing in the UAEEconomic Substance Regulations Filing in the UAE Economic substance rules were introduced in the United Arab Emirates (UAE)…Read article VAT/ TAXSep 17, 2020Economic Substance Regulations (ESR) Relevant Activities in the UAEEconomic Substance(ESR) Relevant Activities in the UAE The UAE introduced Economic Substance Regulations to honour the UAE’s commitment…Read article
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