The Federal Tax Authority said on Tuesday that it classified labour accommodation into two categories for tax payment purposes taking into consideration whether the facility provides additional services making it…
TAX credit note
Tax Credit Note is one of the VAT invoices that a registered taxpayer issues to customers in specific conditions. In this article, we will learn more about the eligibility, conditions,…
VAT voluntary disclosure form 211
The Federal Tax Authority (FTA) has introduced a form 211 – VAT voluntary disclosure form recently. It will help the taxable persons to rectify the errors they committed in their…
VAT treatment for labour accommodation
Labour camps and labour accommodation are generally areas where labourers are housed by their employers. They can take many different forms and some may provide residents with additional services on…
10-year residence visa in UAE for investors, doctors, specialists and top students
ABU DHABI: To further boost the UAE’s position as a primary destination for international investors and top talent from around the world, the Cabinet on Sunday has adopted a new system…
VAT-Implementation
VAT Implementation VAT is expected to be implemented in the UAE with effect from 1st January 2018. VAT (Value Added Tax) is an indirect tax which is charged at every level…
Gratuity calculation as per UAE law 2016
hellooo We experienced that some employees have not given what they was estimated, and most of employees even do not know the calculation process.This Article will show you step by…
View point- who will bear the burden of Value Added Tax
Authorities are quick to point that in the UAE and the GCC, VAT will replace existing customs duties and will thus not massively increase the cost structure for business enterprises.Increasing…
Changes to property inheritance law in Dubai
A grey area related to the bequeathing of real estate assets held in Dubai by non-Muslim foreign nationals has been cleared following an agreement reached by the Dubai Land Department…
Introduction of vat in uae unlikely to deter foreign investors analyst
The possible introduction of value added tax and corporation tax in the United Arab Emirates is unlikely to deter international investors, an analyst has said.The UAE is hoping to finally…