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[…]
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 Registration in UAE If the annual turnover of a business is more than AED 375,000 then they must apply for VAT Registration in UAE. Federal Tax Authority (FTA) exempted businesses and individuals from administrative penalties for non-registration of VAT, and now Federal Tax Authority (FTA) has extended the deadline to April 30, 2018. All Read more about New VAT Registration Deadline is April 30, 2018[…]
VAT Registration in Dubai The Federal Tax Authority (FTA) has urged all businesses sectors to complete their VAT registration for Value Added Tax (VAT) purposes as soon as possible in order to avoid VAT fines and penalties. The FTA confirmed that the online VAT registration process is continuing, and that other businesses who did not Read more about VAT Registration in Dubai Extended[…]
VAT in Dubai From 2018, businesses must start collecting VAT in Dubai UAE. VAT is a form of tax on the consumption or use of goods and services levied at each point of sale. VAT is a form of indirect tax and is used in more than 180 countries around the world. The end consumer Read more about VAT in Dubai[…]