In the case of business‑to‑business supplies sold by non‑resident sellers, the reverse charge mechanism is applicable, whereby the UAE‑based taxable person or entity who receives the goods or services will be required to account for the VAT. Exemptions from VAT under the UAE's VAT ...
Deregistering for VAT doesn’t have to be complicated. With Farahat & Co., you can navigate the process smoothly and efficiently. Our expert team of VAT Consultants in the UAE is here to assist you at every step, ensuring your business complies with VAT deregistration rules. Contact us today...
BSD Prime Services is a leading tax consultancy in Dubai, UAE, specializing in VAT registration, advisory, bookkeeping, returns filing, business setup, auditing, corporate tax, and more. Get expert VAT consultancy services.
The UAE has decided to remove VAT from cryptocurrency transactions as part of a more significant regulatory push to solidify its position as a major worldwide centre for the industry. The nation has led the world in cryptocurrency regulation, as seen by the creation of the first-ever specialised...
Why do you need to hire a Tax Advisor in Dubai (UAE)? Registration and periodic filing of returns. For understanding the impact different rules and regulations, example: -transitional rules, double taxation rules. Avoiding penalties because of non-compliance with due-diligence. Overlooking any ...
VAT Training UAE - Emirates CA had trained 1000+ businesses in the UAE on the UAE VAT LAW. We provide in-house and online UAE VAT Training to Corporates, Banks & SME’s across the UAE.
The effect of these rules is that the international customers will not bear the cost of VAT when acquiring qualifying and conference services. Supplier Eligibility Registered for VAT and has a place of residence in the UAE In the business of providing the services as per trade license ...
Under the RCM rules, the recipients of goods in the UAE will have to pay VAT 5% on their overseas purchases. Then, they will have to remit the VAT portion to the FTA. Thus, it helps to reduce the burden of non-resident suppliers, as they can skip the hassles of registering and remit...
As per the guidelines set by the UAE Federal Tax Authority (FTA), business visitors who are not taxable or registered persons in the UAE can claim VAT refunds for expenses incurred for the following: Hotel and accommodation Training courses ...
courses based on correspondence with the Ministry of Finance. However, services such as marketing, consultancy, and legal fees are unlikely to incur VAT. The rules for a VAT refund on food, restaurants, and business entertainment are yet to be defined. Are you confused with so many rules?