Economic Substance Regulations (ESR) – Overview
What is the ESR Economic Substance Regulations (ESR) in the UAE mandate that certain businesses maintain and demonstrate adequate economic presence within […]
The time frame for recovering Input Tax in the UAE
The Federal Tax Authority of the UAE (FTA) published a new VAT Public Clarification (VATP017) which provide an interpretation of the time-period […]
Ultimate Beneficial Owner Regulations
New regulation in respect of disclosing the Ultimate Beneficial Owners (UBO) of businesses have been implemented in the UAE via Cabinet Decision […]
VAT registration of Sole Establishments
Brief A natural person (an individual) owning several sole establishments in the UAE needs only one VAT registration for all its sole […]
VAT-free special offers
The Federal Tax Authority of the UAE (FTA) published a new VAT Public Clarification (VATP020) which clarifies the “VAT-free” special offers where […]
How and When to recover VAT
In general, the VAT in the UAE should not be a cost to tax registered businesses. VAT incurred on business expenses and […]
Tax Invoice all you need to know
What is a Tax Invoice? As per the UAE VAT legislations, a tax invoice is a written, electronic (soft), or e-invoice document […]
Zero-rated and exempt supplies
The essential difference between zero-rated and exempt supplies is that businesses selling zero–rated goods or services can recover any VAT incurred on […]
VAT Deregistration in the UAE
What is VAT deregistration Deregistration enables VAT-registered businesses and individuals in the UAE to cancel their tax registration under certain conditions. Deregistration […]
Filing VAT returns
Once you have registered for VAT in the UAE, you are required to file your VAT return and make related VAT payments. […]
How can I pay my VAT returns?
You can pay your VAT returns in the UAE via a bank transfer, an exchange house transfer, a credit card, or E-dirham. […]
VAT Registration in the UAE
What businesses should do before registering for VAT in the UAE? Embed VAT in your business plan Start-ups and newly established businesses […]
