A GUIDE TO VAT IN UAE AND 10 THINGS YOU SHOULD KNOW The Federal Tax Agency (FCA) has published a list of the top ten things businesses should know before applying for VAT to raise awareness in the business society and community. This, in turn, facilitates the smooth and efficient implementation of the VAT system […]
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On November 29, 2022, the FTA (Federal Revenue Agency) of the United Arab Emirates issued a public interpretation (VATP032) regarding gold and diamonds. This amendment addresses the Corporate Tax UAE treatment of manufacturing services in the jewelry industry (especially for gold and diamonds), rendering the previous public clarification VATP029 invalid. The revised public clarification will
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In the months leading up to the introduction of corporate tax, the United Arab Emirates Ministry of Finance launched the Corporate Tax Awareness Program. The program includes online and practical sessions to educate the business community on corporate tax law. “This is aimed at disseminating as much information as possible and maximizing the audience that
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Accounting has a huge impact on a business. Moreover, Accounting Firms In Dubai services are necessary for every organization, large and small, to operate smoothly and efficiently. Accounting arises whenever you document transactions, file tax documents, or schedule expenses. Either way, you’ll need to manage the accounting services industry to run your business smoothly and
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Finance Monkey is a Finance-Managing company. Finance Monkey deals in a wide array of services. This includes providing you with a basic book-keeper to a Finance Manager who will help manage each and every penny that flows in or out of your business.
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