When operating in the UAE, qualifying foreign businesses can apply for a Value Added Tax (VAT) refund to the Federal Tax Authority (FTA).
Process of Filing VAT Return in UAE – VAT Return Form 201 To access the VAT Return Form 201, the taxpayer should log in to the FTA e-Services portal using your registered username and password. Form Navigation menu, select the'VAT'->VAT 201- VAT Return->click on'VAT 201-New VAT Retu...
What's hot in the UAE e-commerce sector? All you need to know about doing business in the UAE.
To know how much buying power you start with, it is important that you know where you stand financially. The UAE Central Bank has developed mortgage caps for foreign investors in the last year, and if you go over your budget and bounce a check, this could result in heavy fines. They ta...
Firstly, you'll need to register your import-export company in the UAE/Dubai by clearly defining your business operations and the specific import-export activities you plan to engage in during the company formation process. This is important so you're able to obtain the correct trade lice...
The retailer must meet the financial credit requirements specified by the system operator and should submit the tax returns and pay the due taxes regularly The VAT Refund Electronic Process While leaving UAE, the tourists will be able to claim for VAT Refund. The tax-free tag needs to be vali...
Shipments over JPY10,000 must undergo formal clearance process and will pay duty according to HS code and 10% VAT. You can find the correct HS code for your shipment easily via DHL’s MyGTS (My Global Trade Services) – a free, user-friendly platform that will help you navigat...
If the TRN is valid, you will get the message shown below, with the legal name of the entity in English as well as Arabic: Hence, this tool can be used by all persons in UAE to ensure that they pay VAT only to persons registered under VAT. Previously, only registered users on the ...
Learn about UAE VAT returns, the return filing procedure and profit margin scheme from Zoho Books UAE.
Migration procedures for existing VAT payers to GST online in India Refund of GST paid in India, FAQ 4 Conditions when applying for refund of Input Tax Credit (ITC) under GST Enrolling an existing VAT taxpayers at the GST Common Portal ...