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

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?

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

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

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

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

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...

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...