4 benefits of hiring a part-time CFO

Let's face it, many small to medium-sized companies don't have complex financial needs yet; therefore, there is no real need for a CFO right? Well, wrong! A full-time CFO might not be the answer, which is why i...

تقديم إقرار ضريبي في الإمارات

قامت الهيئة الاتحادية للضرائب في الإمارات العربية المتحدة بنشر رسم إنفو غرافي حول كيفية تقديم إقرار ضريبي. قبل تقديم ضريبة القيمة المضافة، يجب على الشركات التأكد من أن لديها جميع متطلبات الإقرارات الضريبية: ...

Filing for VAT Returns in the UAE

The federal tax authority just posted an infographic on how to file for VAT, consisting of four steps. Before filing for VAT, companies should make sure they have all tax returns requirements: Value of ...

Tax Reporting in the UAE

Yesterday was the first day that the FTA enabled companies to complete their first ever tax report.  This was only open to companies with a Monthly Tax Period. Along with the opening up Tax Reports, the FTA ...

Federal Tax Authority’s VAT Workshop

Last week we attended a VAT Session with the FTA, and below are some of the takeaways that might be related to your business. So far, 300,000 UAE businesses have registered.  There are a number of busine...

VAT went into effect on the 1st of January… What now?

The Value Added Tax (VAT) went into effect on the 1st January with a 5% VAT applying on the sale and purchase of most goods and services in the United Arab Emirates. This represents a major transformation for b...

VAT guidance for Retailers

Last week, the Federal Tax Authority in the UAE published an infographic on "VAT guidance for Retailers". You can find all the information mentioned detailed below. Do I have to register for VAT? If your ...

Implementing VAT in your business

Last week, the Federal Tax Authority in the UAE published an infographic on "Implementing VAT in your business". You can find all the information mentioned detailed below. Should I be registered for VAT? ...