VAT (value-added tax) Registration is compulsory for all the businesses operating with a turnover of AED 375,000. Introduced on January 1st, 2008, Vat applies to companies that sell and go beyond the pre-determined yearly turn over the limit. Before we guide you about VAT return filing in UAE, let us brief you about some salient features and […]
After a few years of the VAT implementation, many business owners might consider opting for VAT deregistration. Some might be surprised to read this, but it is a fact that many small businesses might not get benefited from that system. That is why for many it is time to make up mind whether your business requires to[…..]
Many people get it confused with sales tax. There is little difference as far as the general public is concerned as both are consumption taxations; however, there are visible differences when it comes to specific technicalities. The most prominent one being that a sales tax will only be applicable at the final sale of a[…..]