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VAT filing Fujairah Free Zone
We eagerly looking that what is being asked of organizations in Fujairah Free Zone regarding vat filling , tax and income tax expected in 2020 at the earliest. All small…
Economic Substance Regulations
UAE Cabinet has introduced a new law namely Economic Substance Regulations (ESR) and its executive regulations have also been issued applicable to all companies registered either in Mainland, or Free…
Transfer of Business as Going Concern
For more information about us and more useful articles, please visit Spectrum Accounting and Auditing website at www.spectrumaccounts.com This Public Clarification discusses the conditions that have to be met for a transfer…
Why Dubai?
In 2018, Dubai attracted 523 Foreign Direct Investment (“FDI”) projects. Over 40% higher than in 2017. Keep reading to find out why so many foreign investors are coming to Dubai,…
Dubai Virtual Company License
Virtual License aims to foster global entrepreneurial talent without the need to live or work in any one place. It harnesses Dubai’s global reputation for business-friendly environment to create new…
VAT Refund – Latest reaffirmation on VAT Refund claims process by FTA
VAT Refund – Latest reaffirmation on VAT Refund claims process by FTA In response to reports that some bank customers have been receiving emails from unidentified sources impersonating banks and…
VAT clarification – Transfer of a Business as a Going Concern
VAT Public Clarification Transfer of a Business as a Going Concern This Public Clarification discusses the conditions that have to be met for a transfer to qualify as a transfer…
Designated zones – Latest updation
United Arab Emirates – Federal Tax Authority Based on Cabinet Decision No. 59 of 2017 on Designated Zones for the purposes of the Federal Decree-Law No. 8 of 2017 on…
Importation of goods by agents on behalf of VAT registered persons
VAT Public Clarification – Importation of goods by agents on behalf of VAT registered persons When a VAT registered importing agent imports goods on behalf of a VAT registered owner,…
TAX invoice
Tax Invoice As per Article (59) of Cabinet Decision No. (52) of 2017 on the Executive Regulations of the Federal Decree-Law No (8) of 2017 on Value Added Tax, the…
UAE: Economic Substance Rules
How it is going to impact your business? The United Arab Emirates (UAE) released the Cabinet of Ministers Resolution n. 31 of 2019 with effect from 30 April 2019, concerning…
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