UAE Guide: Role, Responsibilities, Eligibility and Skills of VAT Consultant
What is the VAT rate in Oman and When will it be effective? Sultan Haitham bin Tariq approved the fact that Oman will introduce VAT by 5% and it...
Continue ReadingWhat is the VAT rate in Oman and When will it be effective? Sultan Haitham bin Tariq approved the fact that Oman will introduce VAT by 5% and it...
Continue ReadingTwo member states of the Gulf Cooperation Council took the initiative to enforce value-added taxation (VAT) from January 01, 2018, and one of the two was the Kingdom of...
Continue ReadingValue Added Tax is a tax on the consumption of goods or services applied on each point of sale. It is an indirect tax paid by the end consumer...
Continue ReadingBusiness entities are required to file their VAT returns online using the Federal Tax Authority (FTA) portal. The online FTA portal is purposefully designed to accept VAT returns...
Continue ReadingA business in UAE must register for VAT once its taxable supplies and imports exceed AED 375,000 per annum.
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