The recent VAT amendment by the Federal Tax Authority (FTA) is a significant improvement for tax registrants in the UAE. The new option allows businesses to change the legal type…
Submission of Request for Private Clarification: Understanding FTA Tax Inquiries and Responses
A Clarification is an official document issued by the FTA in response to an inquiry from the applicant regarding the tax treatment of specific transactions. The primary objective of the…
Due Dates of Various Compliances in the UAE
What is the importance of adhering to compliance due dates? Adhering to compliance with due dates is crucial for businesses for several reasons. It helps businesses avoid penalties and legal…
Electronic Commerce Supplies by Qualifying Registrants
From 1 July 2023, Qualifying Registrants are required to report supplies made through e-commerce in box 1 of the VAT Return based on the Emirate in which the supplies of…
Record Keeping Conditions for Electronic Commerce Supplies Made in UAE
The UAE Ministry of Finance today issued a Ministerial Decision on the criteria and conditions for electronic commerce for record keeping of the supplies made, introducing for some taxable persons…
Virtual Assets and Related Activities Regulations 2023
Dubai Government has released a new law on Virtual Assets and Related Activities (VARA). The Regulations set out a comprehensive Virtual Asset (VA) Framework built on principles of economic sustainability…
OECD Public Consultation Document on Amount B of Pillar One
The OECD has published a Public Consultation Document (PCD) on Amount B of Pillar One as part of the Two Pillar solution. You can download the document from here:…
UAE Corporate Tax Decree-Law Published
New UAE Corporate Tax Decree-Law published for reference. Click on UAE_Corporate_Tax_Law_published to view the document. You can reach us through [email protected] or via +971 4 2699 329.
User Manual for EmaraTax Portal from FTA
For anyone interested in knowing more about the EmaraTax, here is a: User Manual for EmaraTax Portal from FTA for reference. (Click on the link to download the document) …
How to reset password on EmaraTax Portal
Get ready for the transition to EmaraTax UAE Federal Tax Authority has introduced EmaraTax. Your existing FTA account details will automatically be migrated to EmaraTax along with any draft returns…
Tax on Remittances for Students, Trainees and Apprentices Under DTAA between United Arab Emirates and India
What is the purpose of having an Agreement for Avoidance of Double Taxation and Prevention of Fiscal Evasion with UAE by India (DTAA) between UAE and India? In the Present…
Tax on Income by Professors, Teachers and Researchers under DTAA between United Arab Emirates and India
What is the purpose of having an Agreement for Avoidance of Double Taxation and Prevention of Fiscal Evasion with UAE by India (DTAA) between UAE and India? In the Present…