Expansion of business globally may have the advantage of a wider market share and probably increased revenue, but to reap the benefits, not only the basic understanding of International Taxation but also an insight into the same is needed to […]

The first thing that you have to remember is that the UAE imposes corporate taxes for foreign companies like subsidiaries of foreign banks and oil and gas companies. There are no taxes imposed by the UAE Government on individual income […]

In an economically prosperous country like the United Arab Emirates where the businesses are flourishing resulting in boosting of the economy, the government which has previously kept the emirates as a tax-free zone has now made amendments by introducing taxation […]

If a small company deals with the Auditing Company in UAE, then the financial issues have been taken care of by the experts. So, you get more time to handle the core business that otherwise would have gone to accounting […]

It is a commonly accepted that any tax agency would comprise a good number of tax agents. However, while operating in the UAE, each tax agency has to register itself with the FTA. Any tax agency operating in the UAE […]

Together the UAE Customs Departments and Federal Tax Authority (FTA) are working to collect the Value Added Tax (VAT) on imported goods. Every business that is registered with VAT must provide their Tax Registration Number (TRN) to the customs department […]

VAT is of recent origin in the GCC countries with the initiatives taken in 2019 and it is being implemented in the UAE. Like every other country, these countries too were looking for an additional source of revenue to boost […]

There is a media release in the Kingdom of Saudi Arabia for supporting the business persons in the area of payment of taxes and filing of returns in UAE. The ministry of finance in the KSA is the one which […]