Federal Tax Authority (FTA) in UAE has today announced One Month Extension of Time-Line for submission of VAT Returns and VAT Payments for all Tax Registrants in UAE whose VAT Returns and VAT Payments for the period ending 31st March 2020 were due on 28th April 2020. It was anticipated that FTA would be extending…
Amidst all the expectations of a lot of businesses in UAE that the VAT introduction in UAE is going to be postponed, the air of confusion around this now has been completely cleared by the Federal Tax Authority (FTA) by having released the VAT Decree Law (Federal Law No.7 of 2017 on Tax Procedures) as…
The million dollar question, which everyone in UAE has been pondering over for past few months, since the VAT Law of UAE has been released is : Are Free Zone Companies in UAE required to do VAT Registration ? With the Federal Tax Authority (FTA) of UAE having now released the executive regulations of the…
The recent VAT Updates in UAE and Saudi Arabia | Announcements to date : UAE VAT Law came In on August 27, 2017 and the Federal Tax Authority (“FTA”) website in UAE went live on August 22, 2017. Businesses In the UAE expected to be able to register online for VAT from September 17, 2017…