Obligations of a Tax Agent in UAE: Full Guide
đ„The Obligations and Roles of a Registered Tax Agent in UAE Who Is a Tax Agent in the UAE? A tax agent is a person or a business that the government approves and registers with the Federal Tax Authority (FTA). This agent helps companies and people with VAT in the UAE. A tax agent can […]
Incoterms Guide for UAE Business: Key Rules
đ„Incoterms Guide for UAE Business: Key Rules Explained What Are Incoterms in International Trade? Incoterms means International Commercial Terms. People use these terms in global trade for shipping goods or providing services. The International Chamber of Commerce (ICC) makes these rules, and all countries use them. These rules help buyers and sellers understand their responsibilities […]
MIS Report in Accounting: Full Guide Dubai
đ„MIS Report in Accounting: Complete Guide for UAE Businesses Introduction to MIS and Its Importance MIS stands for Management Information System. Every business needs a good MIS system to find problems and fix errors. This system gathers information from all departments in the company and gives helpful reports. When the management gets these reports, they […]
Effects of VAT on Education Sector UAE: Full Guide
đ„Effects of VAT on Education Sector in UAE: Full Guide VAT on Education in the UAE Education gives people the skills they need for life. Every country wants to offer the best education to its citizens. In the UAE, the government knows how important education is, so it gives special tax rules for schools and […]
Business Expenses Entrepreneurs Ignore to Prepare For
Important Business Expenses Entrepreneurs Ignore to Prepare For Why Do Entrepreneurs Miss Key Business Expenses? Starting a business always takes a lot of money. Every new business owner dreams about how much profit theyâll make, but sometimes they forget about the hidden costs. You can plan for expenses, but itâs easy to miss important ones […]
What Is Corporate Tax in UAE? Full Guide & Impact
đ„ What Is Corporate Tax in UAE? Explanation & Impact Whatâs Corporate Tax in UAE? Corporate tax is a direct tax the UAE government collects from the profit of companies and other businesses. The Ministry of Finance announced that this tax would start from June 1st, 2023. People sometimes call this tax âcorporate income taxâ […]
VAT on Digital Marketing Services in Dubai Guide
Application of VAT on Digital Marketing Services in Dubai What Is VAT on Digital Marketing Services? Dubai is a global business hub. Many business owners in Dubai use digital marketing services to reach more customers. The UAE government charges Value Added Tax (VAT) on most digital marketing services at the standard rate of 5%. All […]
Precautions for UAE Businesses Before Tax Implementation
đ„ Precautions for UAE Businesses Before Tax Implementation Why Does Corporate Income Tax Matter for Businesses? Corporate Income Tax is a direct tax that the government charges on company profits. In the UAE, the tax law now makes every business think carefully about how it reports and manages its money. If you plan your taxes […]
Non-Recoverable VAT on Entertainment Services UAE
All About Non-Recoverable Tax on Entertainment Services in UAE What Does Non-Recoverable VAT Mean for Entertainment Services? The UAE VAT law says businesses can recover most tax paid on goods and services. But sometimes, you can’t get VAT back. Article 53 of the VAT Executive Regulations explains this clearly. VAT on entertainment, hospitality, and accommodation […]
VAT Guide for Car Dealers & Service Centres UAE
VAT Guide: Major Obligations for Car Dealers & Service Centres What Is VAT for Automotive Businesses in UAE? All car dealers and service centres in the UAE must follow the VAT rules set by the Federal Tax Authority (FTA). Every business that sells new cars, used cars, spare parts, or services must pay attention to […]
