Blogs

Guide to VAT’s effect for Restaurants in the UAE Value-added tax (VAT) is a consumption tax that is charged on each stage of supply of goods and services. VAT is applicable fo...

  a.Description of specific assets, their location, and if applicable, such specific identification as serial or other control/code numbers. b.To keep better con...

Categories of Goods & Services under VAT in UAE. The UAE is going to implement a 5% VAT from 1st January 2018. VAT is a type of general consumption tax that is collected incrementally, based on the...

Register for VAT in the UAE VAT in the UAE is taking its course of action from 1st January 2018 at a minimal rate of 5%. It is compulsory for businesses to register for VAT in the fourth quarter of the year...

Did you ever imagine of setting up a company at AED 8,000? If you never did, then you should. Emirates Chartered Accountants Group  is actively supporting the latest scheme...

VAT Impact on Property Sector in the UAE? The property sector is one of the important industries that must be given extra care while implementing VAT in the UAE. A slight increase of 5% price by way of VAT c...

Inventory Evaluation Process Disclosure of the accurate value of inventory is very important for a business organization to give a true and fair picture of the financial position as well as the profit/...

Case Studies that UAE Traders Need to Know About VAT Transactions UAE is going to implement VAT by 1st Jan 2018. The business community is eager to know its impact on their business. To understand the impact of  ...

Now you can become a licensed freelancer by investing just 350 USD (terms and conditions applied).  Emirates Chartered Accountants Group invites all the enthusiastic freelancing individuals to put forward their aspiration t...

Beginners Guide to VAT on Online Trading With the introduction of  VAT in the UAE, it is expected to cross thirty-five billion AED businesses through e-commerce by the year 2018 in the...