VAT / Tax

VAT stands for value-added tax, and it is a tax that is applied to goods and services sold in the UAE. Social media influencers are considered to be businesses and are therefore required to register for VAT if their annual taxable supplies exceed AED 375,000. This article will discuss the VAT for social media influencers […]

VAT stands for value-added tax, and it is a tax that is applied to goods and services sold in the UAE. Social media influencers are considered to be businesses and are therefore required to register for VAT if their annual taxable supplies exceed AED 375,000. This article will discuss the VAT for social media influencers

Value Added Tax in UAE (VAT) Value Added Tax in UAE (VAT) is a tax that is applied to most goods and services. It was introduced in 2018 as part of the government’s efforts to diversify the economy and reduce its reliance on oil. Value Added Tax is a consumption tax, which means that it

UAE VAT Voluntary Disclosure The UAE VAT Voluntary Disclosure (VD) is a process by which businesses can voluntarily disclose any VAT errors or omissions that they have made. The benefits of UAE VAT voluntary disclosure include avoiding penalties, reducing interest charges, and improving compliance. The penalties for not making a UAE VAT VD can be

Tax planning for expatriates in UAE Tax planning for expatriates in UAE presents unique opportunities and challenges, including tax considerations. This article explores effective tax strategies for expatriates in UAE, providing valuable insights into minimizing taxes, implementing tax-saving tips, and understanding the tax implications associated with expatriate status. By being aware of the tax landscape

Navigating International Taxation Navigating international taxation can be a complex and challenging issue for multinational businesses. This is because different countries have different tax laws and regulations, and it can be difficult to stay compliant with all of them. There are a number of international tax considerations for multinational businesses. These include: Navigating International Taxation:

Key tax considerations for small businesses in UAE In this article, we will discuss the key tax considerations for small businesses in UAE. We will also provide tips on how to minimize your tax liability and comply with the UAE tax laws. Starting and running a small business in the UAE can be a rewarding

Understanding the Importance of Tax Deductions for Businesses in the UAE For businesses operating in the United Arab Emirates (UAE), navigating the tax landscape is essential for financial success and compliance. One key aspect of tax planning is identifying and claiming relevant tax deductions. Tax deductions allow businesses to reduce their taxable income, resulting in