Blogs

 VAT Administrative Exceptions You Can Apply In The UAE The Federal Tax Authority (FTA) in the UAE released a recent guide providing the procedures and scope for certain exceptions from VAT proced...

Extension of Excise Tax Return Due Date By FTA in the UAE Extension of Excise Tax Return Due date in the UAE for the current month is the latest update from the Federal Tax Authority (FTA). In the wake of the Global pa...

Tax Agent in the UAE – Seamless VAT Assistance?   Hiring a Tax Agent in the UAE will be essential for the businesses to receive proper guidance in relation to VAT in UAE and other VAT-relate...

Do You Know that the Due Date for Annual Return Related to ESR in Cayman Island is Extended? Yes, the Annual Return related to Economic Substance in Cayman Island is extended. As per the initial guide...

Rent Free During COVID 19 Pandemic and Its Tax Treatment-Case Study Background: In the wake of the Global pandemic, COVID 19, the government took quick actions to make reassuring noises of support for busin...

VAT Refund in UAE for New Residences Let us see if VAT Refund in UAE is applicable to Mr Tarek, a UAE National, who is constructing a new home in Dubai. He has a detailed plan for the residence and has...

UAE VAT Reconsideration. In the United Arab Emirates (UAE), the Federal Tax Authority (FTA) is the regulatory body for UAE VAT Laws and takes charge of managing and collecting federal taxes and fines....

Case Study on Claiming Input Tax in UAE ZMG LLC, incorporated on 1st January 2019, is a trading company operating from Dubai.  As the company has taxable expenses exceeding the voluntary VAT Registration threshold of AE...

VAT for Education in UAE As per the UAE VAT Law, VAT for education in UAE is zero-rated and some fall under the category of exemption. Let us discuss in detail regarding the VAT treatment on education services or VAT for education in U...

Reverse Charge Mechanism Reverse Charge Mechanism (RCM) under UAE VAT Law is one of the tax treatments applicable to import on concerned goods and concerning servi...