What are the benefits of a UAE Tax Agent?
Tax Agent is “An agent registered with the Authority, who is appointed by a person to act in his name and on his behalf regarding his tax affairs to represent him before the Authority and...
Why do you need an FTA tax agent in UAE?
Before understanding the need for an FTA tax agent in UAE, it is crucial to know who an FTA tax agent is. As per the Federal Law Number 7 of 2017 on Tax Procedures, a Federal Tax Authority Tax Agent...
Will companies in the UAE have to reissue tax invoices?
The Federal Tax Authority (FTA) recently clarified the exchange rates to be used for tax invoices which are raised in AED as well as in other foreign currencies. This was announced through VAT Public...
FTA creates three categories to classify eligible good
In a press release published by the Federal Tax Authority (FTA) recently, they determined the three main categories of ‘eligible goods’. The eligible goods were classified for calculating...
How can tourists claim VAT refund in Dubai?
Early this year, the UAE Government made the move of implementing VAT in the UAE. However, they promised that the tourists will be offered a refund scheme. In April 2018, the regulatory body for VAT...
Is commercial real estate subject to VAT in Dubai?
Yes, all commercial properties are subject to VAT in Dubai as well as all over the UAE. The Federal Tax Authority (FTA) and the Dubai Land Department (DLD) are in agreement to charge 5% VAT on...
