Impact of ESR and UBO Regulation on UAE Businesses
Regularly scrutinizing financial health is not only a sound business practice, but it also provides reassurance to stakeholders. The...
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CRYSTAL ACCOUNTING SERVICES
Accounting Matters under VAT/CORPORATE TAX
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Crystal Accounting
Jun 25, 20202 min read
UAE Economic Substance Regulations detail how a company must be managed in the country
Failure to comply will mean hefty fines. Find out how it helps build business transparency Adhering to UAE’s Economic Substance...
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Crystal Accounting
Oct 24, 20194 min read
VAT on wheels: 'Auto' management of compliance
It is important to know the ins and outs of taxation when it comes to the auto sector Regulatory issues around customs were always...
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Crystal Accounting
Mar 14, 20191 min read
Abu Dhabi waives new licence fees, cuts business setup charges at airports free zone
Free zone seeks to attract more foreign direct investments, ease cost of doing business Dubai: The Abu Dhabi Airports Free Zone (ADAFZ)...
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Crystal Accounting
Mar 14, 20192 min read
Bank interest and dividends not subject to VAT in the UAE
There is no requirement to report income from bank deposits and dividends in the VAT return The UAE’s Federal Tax Authority (FTA) has...
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Crystal Accounting
Mar 14, 20192 min read
VAT-ready software at the click of a button
Tally Solutions, a leading international accounting and compliance software provider hosted another leg of the successful SMB Pulse in...
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Crystal Accounting
Dec 3, 20184 min read
Is VAT applicable on used cars in UAE? FTA clarifies
The Federal Tax Authority (FTA) asserted that only those goods which have previously been subject to VAT before the supply in question...
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Gulf News
Jul 5, 20182 min read
UAE Cabinet approves VAT refund for organisers of exhibitions, conferences
Organisations on exhibitions and conferences allowed to refund VAT value imposed on the provision of services required for setting up...
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Gulf News
Jul 5, 20181 min read
FTA urges businesses to pay up VAT dues urgently
Dubai: Federal Tax Authority (FTA) on Wednesday urged all UAE businesses registered for Value Added Tax (VAT) who missed the deadline for...
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Gulf News | Manoj Nair, Associate Editor
May 10, 20182 min read
VAT charges removed on gold at wholesale level
Removal of VAT at wholesale level can help make industry competitive again, retailers say Dubai: The UAE’s jewellery retailers and...
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Khaleej times | Dubai Compiled by Alvin R. Cabral
Apr 4, 20181 min read
Why UAE consumers must ask for tax receipt
The Federal Tax Authority (FTA) has asked all UAE consumers to demand tax receipts from retailers when purchasing products or services to...
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Gulf News
Feb 13, 20182 min read
UAE has no intention to raise tax rates
Minister says no plans to increase VAT, excise rates in next 5 years Dubai: The UAE’s government has no intention of raising the current...
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Khaleej times | Dubai Compiled by Alvin R. Cabral
Jan 10, 20182 min read
10 important things you need to know about VAT in UAE
For data packages, any plan taken in 2017 and spilling over into 2018 will be subject to VAT Here's a rundown of what you need to know...
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Gulf News
Dec 26, 20173 min read
Your Basic UAE VAT questions answered by Babu Das Augustine, Banking Editor at Gulf News
The UAE will introduce Value Added Tax (VAT), a broad-based indirect tax levied on the consumption of goods from January 1, 2018 at a...
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Crystal Accounting
Dec 26, 20171 min read
No Special VAT rules on SMEs
Emiratis allowed to reclaim VAT when building new house, says ministry. The UAE will have no special value added tax (VAT) rules for...
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Crystal Accounting
Dec 26, 20171 min read
Will water and electricity be taxed?
Dubai: The Federal Tax Authority has confirmed that both water and electricity will be taxed at 5 per cent from January 1, 2018,...
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Gulf News
Dec 22, 20171 min read
How and when do I deregister my business from VAT?
The recently released executive regulations on value added tax (VAT) make clear how a business might deregister itself from paying taxes....
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Gulf News
Dec 22, 20172 min read
VAT: Can the Federal Tax Authority overrule disclosures?
Dubai: The Federal Tax Authority (FTA) is authorised by the Federal Tax Law to issue a tax assessment to determine the value of payable...
7 views0 comments
Gulf News
Dec 22, 20173 min read
VAT implementation needs to go ahead come what may
The Qatar intransigence should not be allowed to become a distraction January 1, 2018 has been declared as the starting date for levying...
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BY RIAZ NAQVI | SPECIAL TO GN REACH
Dec 20, 20173 min read
6 WAYS THE CLOUD CAN AID VAT COMPLIANCE
Worried about the impending indirect tax? Look to cloud accounting software to ease the pain With the roll-out of value added tax (VAT)...
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