A Quick View on Umm Al Quwain Free Trade Zone (UAQFTZ): Umm Al Quwain Free Trade Zone was founded in 1987, but it came to the limelight only after 2014…
Dubai Flower Centre
A quick sneak peek on Dubai Flower Centre: With the Exponential growth of trade pertaining to the perishables and flowers across the globe there is a substantial demand for logistics…
Dubai Production City (DPC)
A Quick sneak peek on Dubai Production City: Dubai Production City (DPC) formerly known as “The International Media Production Zone or (IMPZ)” which was established in the year 2003 as…
VAT on Artists and Social Media Influencers (SMI) in United Arab Emirates (UAE)
Federal Tax Authority (FTA) has issued a Tax Bulletin in relation to Individuals who make supplies in their personal capacity as who are known as artists which include performers, singers,…
VAT implications for supply of residential property in UAE
A) What is Real Estate? Real Estate – property consisting of land or buildings including Area of land over which rights or interests or services can be created Building or…
Dubai Knowledge Park (DKP)
A Quick View on Dubai Knowledge Park: Dubai Knowledge Park (DKP) formerly known as Dubai Knowledge Village was established in 2003 as a Part of the renowned TECOM Group and…
Action on Money Laundering in UAE
The UAE Ministry of Economy and Commerce is taking action to bring auditing companies operating in the country to form a group with the Central Bank and other organisations in…
VAT Rules On Reimbursement And Disbursement Of Expenses
Q: What is this clarification about? This Public Clarification VATP013 discusses the VAT principles for differentiating between a disbursement and a reimbursement, and the VAT treatment that should be applied…
VAT on supply of means of transportation (a bus or train) used for public transportation
VAT on supply of means of transportation (a bus or train) that is to be used for public transportation This Public Clarification VATP007 impacts upon the VAT liability of the…
Dubai CommerCity Free Zone
A Bird’s Eye View on Dubai CommerCity Free Zone: Dubai CommerCity Free Zone is the pioneer and leading freezone which is devoted to e-commerce in the Middle East, North Africa…
Dubai South Free Zone
A Bird’s Eye View on Dubai South Free Zone: Dubai South Free Zone formerly Dubai World Central Free Zone is well known as “THE CITY OF YOU” is a well-planned…
VAT Refund on Expo 2020 activities
Refund on VAT paid on goods and services connected with Expo 2020 Dubai Do you know, how VAT return reporting for registered official participants of Expo 2020 Dubai are different from VAT return reporting of normal…