VAT Treatment of Exported Services in the UAE
VAT treatment of exported services in the UAE is important for businesses that provide professional services to customers outside the country. Businesses in the UAE provide services to various industries around the world using their consulting, IT, legal, accounting, marketing, design, and other professional services. Even if most services qualify for a 0% VAT rate, […]
How UAE Nationals Can Claim New Home VAT Refunds Through Maskan App
How UAE Nationals Can Claim New Home VAT Refunds Through Maskan App has become easier with the Federal Tax Authority’s Maskan application. By law, UAE citizens who are constructing a new home can reclaim the VAT (Value Added Tax) paid on the building materials and services employed in the building process after fulfilling necessary eligibility […]
Key Compliance Changes for Qualifying Free Zone Businesses in the UAE
Key compliance changes for qualifying Free Zone Businesses in the UAE have introduced new compliance requirements for eligible businesses operating in UAE Free Zones. The FTA of the UAE has issued FTA Decision No.6 of 2022 to enhance Corporate Tax compliance for those businesses that fall under the category of Qualifying Free Zone Persons (QFZPs). […]
UAE SPV and Holding Company Comparison for Business Owners
UAE SPV and Holding Company Comparison for Business Owners helps investors and companies choose the right structure to protect assets and support long term business goals. Many business owners in the United Arab Emirates try to separate valuable properties from their everyday business activities and facilitate ownership in a secure way. SPV and Holding Company […]
Understanding the UAE 9% Corporate Tax in 2026
Understanding the UAE 95 corporate tax in 2026 helps every business owner stay compliant and avoid unnecessary penalties. The Federal Law No. 47 of 2022 is the legislation introduced in the UAE for establishing a comprehensive and credible taxation system. However, even after the implementation of corporate tax, the UAE continues to be regarded as […]
Get Your Financial Records Ready Before the UAE Corporate Tax Filing Deadline
Get Your Financial Records Ready Before the UAE Corporate Tax Filing Deadline to avoid last minute stress and meet Federal Tax Authority (FTA) requirements with confidence. Accurate financial records are essential for taxable businesses in the UAE to accurately file their Corporate Tax Returns and support their reported figures during the filing process. Preparation of […]
Common E Invoicing Compliance Mistakes Businesses Make in the UAE
Common E Invoicing Compliance Mistakes Businesses make in the UAE can create delays, increase compliance risks, and affect smooth business operations. Numerous firms in the UAE are gearing up for E-Invoicing under the nation’s digital taxation system. However, plenty of them are still falling into pitfalls due to poor preparation, incorrect information on invoices or […]
How to Claim VAT Refund in the UAE
How to claim VAT refund in the UAE is an important topic for tourists who want to save money on eligible shopping during a visit. Before leaving the UAE, travelers can recover a part of the 5% VAT that was charged on qualified purchases. The refund process is fast and automatic. However, it is essential […]
FTA Corporate Tax Penalty Waiver for Late Registration
The FTA Corporate Tax Penalty Waiver for Late registration gives businesses another chance to avoid a penalty for missing the corporate tax registration deadline. The objective of the Federal Tax Authority (FTA) is to promote and assist businesses through supporting the voluntary compliance of taxes with these initiatives. Certain taxable and exempt individuals qualify if […]
Understanding the UAE E-Invoicing Voluntary Pilot Program
Understanding the UAE E-Invoicing voluntary pilot program marks an important step in the country’s digital journey. The Ministry of Finance began the voluntary pilot program on July 1st 2026 for businesses to prepare before mandatory implementation takes place in 2027. The new electronic invoicing system will replace existing invoicing procedures and will provide a more […]
