EmaraTax User Manual
UAE Federal Tax Authority (FTA) has issued a user guide for its new platform called EamaraTax. Many of new features has been added to Emaratax portal and some of old…
UAE Federal Tax Authority (FTA) has issued a user guide for its new platform called EamaraTax. Many of new features has been added to Emaratax portal and some of old…
New UAE VAT Penalties and comparison of old and new penalties table. Federal Tax Authority of UAE has issued Cabinet Decision No. 49 of 2021. This new Cabinet Decision amends…
How to calculate UAE Value Added Tax (VAT) penalty as per new Cabinet Decision No. 49 of 2021? Federal Tax Authority (FTA) has over ruled previous provisions of administrative penalties…
Business conditions are changing and outsourcing is on the rise. Today’s business owners are facing greater expectations when it comes to financial transparency and government compliance. All too often, businesses…
Accounts and bookkeeping records maintained by taxable persons should be retained for a period of 5 years after the end of the tax period to which they relate. However, this…
List of Designated Free Zones for UAE Value Added Tax (VAT) purpose. There are a number of Free Zones in United Arab Emirates in all the Emirates, but not all…
Value Added Tax (VAT) Refunds are now paperless in UAE. The UAE’s Federal Tax Authority (FTA) on Wednesday announced the world’s first paperless tax refund scheme for tourists.Tourist need not…
The federal tax authority of the United Arab Emirates (UAE) issued a clarification (VATP025) concerning value added tax (VAT) and the temporary zero-rating of VAT for certain medical equipment, which…
UAE FTA has amended rule to VAT Refund Application on Newly Built Residence. UAE government has amended the UAE VAT Executive Regulation second time by issuing Cabinet Decision No. 24…
How to Calculate UAE VAT Penalty? Acute Consultants have developed a Microsoft Excel template to calculate UAE VAT Administrative penalties as per Cabinet Resolution No. (40) of 2017 on Administrative…