If you’re a business owner in Dubai, UAE, it’s important to understand the value-added tax (VAT) system and how it applies to your business. VAT is a tax on the consumption or use of goods and services, and it’s a crucial source of revenue for the government. VAT registration is mandatory for businesses whose taxable Read more about The Essential Guide to VAT Registration in Dubai, UAE[…]
If you’re a business owner in Dubai, UAE, navigating the complexities of VAT return filing can be a challenging and time-consuming task. That’s where professional VAT return filing services come in. These specialized services are designed to assist businesses in fulfilling their VAT obligations efficiently and accurately. With expert knowledge of UAE VAT regulations and Read more about VAT Return Filing Services in Dubai, UAE[…]
The TRN (Tax Registration Number) is a unique identifier assigned to businesses. And individuals registered for VAT (Value Added Tax) in the United Arab Emirates (UAE). To obtain a TRN number in the UAE, you need to visit the Federal Tax Authority (FTA) website. Create an account, and fill out the online registration form with Read more about What is TRN Number in UAE? How to Get It?[…]
Do you need help filing your VAT returns in UAE? Look no further than SAB Auditing! They are the best company in Dubai, UAE for filing your VAT Returns. With their expertise, you can be sure that your returns are filed accurately and on time, and you can even get a VAT refund in UAE. Read more about VAT Returns Filing in UAE – SAB Auditing is the Best Company in Dubai, UAE![…]
The VAT Refund Scheme For Expo 2020 Participants has been introduced by FTA. Participants in Expo 2020 can claim a VAT refund incurred on expenses. The Federal Tax Authority (“FTA”) has issued Cabinet Decision no. 1 of 2020 (“Cabinet Decision”) on the Refund of VAT on Goods and Services for countries and organizations participating in Read more about VAT Refund Scheme For Expo 2020 Participants[…]
VAT Reconsideration Form in UAE VAT reconsideration form has been introduced by the Federal Tax Authority (FTA) in order to review the tax penalty appeals made by the taxable businesses or individuals. Businesses in UAE must follow the rules and regulations of FTA in order to avoid VAT and excise tax fines and penalties. Any Read more about How to submit VAT reconsideration form in UAE?[…]
Economic Substance Regulations (ESR) Economic Substance Regulations (ESR) in UAE have been recently introduced, and as a result, all UAE businesses that may be subject to these regulations should be prepared to take action and ensure compliance. This legislation (collectively, referred to as the “Economic Substance Regulations“) were issued in response to the UAE’s inclusion Read more about Economic Substance Regulations (ESR)[…]
Tourists can claim VAT Refunds in shopping malls and hotels in UAE. Visitors can reclaim their taxes on shopping from the Self-Service Kiosks which will be set up at major shopping malls and hotels across the UAE. “The Value Added Tax (VAT) Recovery Self-Service Kiosks for Tourists scheme has been expanded to be available at Read more about Tourists can claim VAT Refunds in Shopping Malls and Hotels in UAE[…]
VAT Deregistration in UAE VAT Deregistration in UAE is an online process. Businesses and individuals who are registered under Federal Tax Authority (FTA) can de-register from VAT in two situations: If their turnover did not exceed AED 187,500 in the 12 months after registering with the FTA, they must apply for VAT Deregistration. If the Read more about VAT Deregistration in UAE[…]
VAT Voluntary Disclosure A voluntary disclosure is a form provided by Federal Tax Authority (FTA) to allow businesses and taxpayers to notify FTA about the errors/mistakes and omission/changes in a Tax return or Tax Refund. A VAT Voluntary disclosure form 211 in UAE helps a taxable person to make correction in the errors they have Read more about VAT Voluntary Disclosure UAE[…]