Blogs

VAT on Healthcare Services in UAE VAT on healthcare service in UAE is one of the sectors where the industry may choose the wrong rate of tax. Because in certain cases supply of healthcare services will be zero-rated; whereas in certain...

VAT  Refund for Business Visitors in UAE The UAE government has published a VAT refund scheme which enables businesses/ business visitors to claim the VAT paid on the purchase of goods and services incurred in UAE...

What does it mean VAT on Sale of Business as going Concern? Sale of an asset is a taxable supply under the UAE VAT Law. What about the applicability of VAT on the sale of a business or transfer of a bu...

VAT treatment of Options and Option Premiums VAT treatment of Options and Option Premiums is the latest public clarification issued by the Federal Tax Authority (FTA) vide clarification No: VATP014. This article provides an insight int...

What is Internal Audit in Dubai? As per the definition given by IIA (Institute of Internal Auditors)- Inte...

Reimbursement and disbursement of expenses in UAE VAT Reimbursement and disbursement of expenses in UAE VAT, whether taxable or not, is always an uncertainty among the business community from the date of implementation of VAT in the UA...

Books of Accounts All Businesses Establishments and Taxable entities who have registered for VAT in UAE...

How to Prepare TAX Invoice UAE? As per Article 67 of the UAE VAT Law, a taxable person shall issue a Tax Invoice within 14 days of the Date of Supply. Some of the taxable persons are under the impression that they can always make the t...

Role of Finance Manager in An Organization Financial management is the managerial activity which is concerned with planning and controlling o...

Accounting in Business Accounting is often termed as the language of businesses. Accounting in business plays a vital role as it provides so much information about the company w...