What is Zero Rated and Exempt Supply Under VAT in Dubai and Abu Dhabi?
Introduction The supply on which no VAT liability is due is termed as Exempt supply. No credit of input tax is available on supply of such goods or services....
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How to De-register from VAT in Dubai?
Tax De-registration is the provision for a registered taxable person to cancel his/her VAT registration. It means de-activation of the registration and the VAT number of the taxable person....
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How to Claim Your VAT Refund in Dubai and Abu Dhabi?
All business houses registered under the UAE VAT law needs to file VAT return as applicable, to assess the net VAT payable or refundable. The details that help us...
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How to Claim VAT Paid on purchase of Capital Asset in Dubai?
With the introduction of VAT law in the Dubai, a standard rate of 5% VAT is charged on all goods and services. Whenever a new business is started or...
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How to make Choice of Accounting Software in Dubai and Sharjah?
In today’s world of internet, everything is online. Being online or on cloud brings us freedom of place and space. No matter where we are, we can still access...
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What is Cabinet Decision No. 52 of 2019 by FTA for Abu Dhabi and Dubai?
The United Arab Emirates (UAE) Federal Tax Authority (FTA) has recently published the Cabinet Decision No.52 of 2019 on Excise Goods, Excise Tax Rates and the Methods of Calculating...
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What are the Reasons for Outsourcing Bookkeeping in Dubai and Abu Dhabi?
Business owners need to perform a number of tasks like providing service / selling products, run the business back end, scheduling, and so much more. It’s no surprise it...
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What are the Common Mistakes while Bookkeeping and Accounting in Dubai?
Bookkeeping in Dubai is one of the most necessary tasks that all businesses must face. The monotonous and boring task of bookkeeping can often be very time consuming. Bookkeeping, as...
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What is the Checklist for Effective Bookkeeping by Entrepreneurs in Dubai?
All business owners are proficient at creating great products and services, building effective teams and winning over customers. However, many of them find it tough dealing with basic bookkeeping...
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How to Generate Invoices under VAT Law in Abu Dhabi and Dubai?
A tax invoice is the most important document to be issued by a person registered under UAE VAT Law. This is the document which will help the FTA to...
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