Blogs

Policies Adopted for Women Entrepreneurs United Arab Emirates (UAE), the word itself is a magical word. The UAE is one of the most innovative country globally. The UAE stands in the...

 Individual sponsor and Corporate sponsor in the UAE Local sponsor is a common phrase used in the United Arab Emirates (UAE) for Mainland companies. A sponsor will be a UAE or GCC nation with 51% share of the Mainla...

Accounting for Assets Received Free of Cost or as Gifts as Per IFRS  Many have confusion, whether one needs to account for assets received free of cost? Some will also argue that as there is no money paid, why it...

System of UAE VAT In the VAT system, the tax shall be imposed on value addition made at each stage of the supply chain. The supplier shall collect the VAT from the customers on the value of supply made to them and can...

 Zero Rating of Export of Services The public clarification, Zero-rating of export of services provides the views of the Federal Tax Authority (FTA) on the cond...

UAE VAT Law Latest Amendment  Is the UAE VAT executive regulation amended? What are the changes made in the UAE VAT Law and how will that impact the transactions? These are some latest questions raised related to...

UAE Free Zones Benefits In the UAE Free Zones, Free Zone Company (FZC) is a limited liability entity and can be incorporated by natural persons or legal entities. A new limited liability company with a single sharehold...

Why corporate bank account is important in the UAE? United Arab Emirates (UAE) is an important global hub for business, trade, finance etc. Among the seven emirates in the UAE, Dubai...

 New Payment Options to Pay Taxes in the UAE The Federal Tax Authority (FTA) in the UAE has announced in a press release about the new payment method for VAT Registered busines...

VAT in UAE a Quick Guide  Value Added Tax (VAT) in UAE was introduced on 1st January 2018. The Federal Tax Authority (FTA) is responsible for all administrative and collection of taxes in the UAE. ...