Audit Firms in Dubai

No TRN, No VAT

Tax Registration Number (TRN) Tax Registration Number (TRN) is mandatory in order to start taking VAT. Federal Tax Authority (FTA)...

List of Designated Zones in UAE | VAT on Designated Zones UAE

List of Designated Zones in UAE

UAE has announced the list of designated zones in UAE. VAT on designated zones in UAE will have different treatment...

How to Treat Discounts under VAT in UAE?

How to Treat Discounts under VAT in UAE?

Businesses are confused about how to treat discounts under VAT in UAE. As per FTA, VAT will be calculated on...

UAE reduces penalties on VAT and Excise Tax

COVID Impact: UAE reduces penalties on VAT and Excise Tax

UAE reduces penalties on VAT and Excise Tax!!! COVID-19 Impact: UAE reduces penalties on VAT and Excise Tax. The UAE...

VAT Registration for International Companies selling through Amazon | Xact Auditing

VAT Registration for International Companies selling through Amazon UAE

VAT registration for international companies selling through amazon in UAE is mandatory. VAT registration must be done before making sales...

Vat On E-Commerce Sales in UAE - VAT on online sales in UAE

VAT on E-commerce Sales in UAE

VAT on Online Sales VAT on E-commerce sales in UAE depends on the location of supplier and recipient. 5% VAT...

How To Claim Vat Refund In Uae | VAT Refunds in UAE

How to claim VAT Refund in UAE

How to claim VAT Refund in UAE How to claim VAT refund in UAE? When the input tax is greater...

UAE VAT Reconsideration - How to apply for VAT reconsideration - Xact Auditing

UAE VAT Reconsideration

VAT Reconsideration UAE VAT reconsideration allows a taxable person to appeal for the review of the decision made by FTA....

Reverse Charge Mechanism under VAT in UAE | RCM VAT in UAE

What is Reverse Charge Mechanism (RCM) under VAT?

Reverse Charge Mechanism under VAT is applicable while importing goods or services from outside the GCC countries. In VAT reverse...

FTA VAT Return Date Extended due to COVID-19 | VAT Return Extension

VAT Return Extension UAE

FTA VAT Return Date Extended Amid COVID-19 VAT return extension UAE has been announced on FTA website and their social...