How VAT-ready Software Helps Small Businesses to Grow in UAE

Profit margin mechanism is a scheme that provides an option for businesses to calculate VAT on the profit earned on a supply of goods. Let’s check profit margin mechanism in Oman VAT.

Real estate supply is taxable at a standard rate of VAT in Oman & certain real-estate supplies like undeveloped land are exempt from VAT. Let’s check VAT treatment on residential & commercial real est

E-invoice refers to the digital tax document of any B2B transaction. Let’s check how to generate e-invoices instantly with TallyPrime in Saudi Arabia.

The UAE authorities have announced the introduction of corporate tax from 1st June 23. Read here to understand the concept of Corporate Tax in UAE for businesses.

Oman VAT law and regulation is enacted with a special provision that allows businesses to pay import VAT on a deferred basis. Let’s check deferred method of VAT payment on imported goods.

A tax invoice is a detailed invoice that a VAT registered business must issue. Let’s understand the different types of VAT invoices in Oman with elements

The Oman VAT law exempts certain types of real estate supplies from VAT & making it even more challenging to apply VAT. Let’s understand VAT treatment on real estate in Oman.

The Oman law allows businesses to cancel their VAT registration in certain circumstances. Learn more about the circumstances and processes to cancel VAT registration.

The imported goods and services will be taxable at 5% VAT in Oman. Let’s understand the value of the imported goods in Oman on which VAT is charged.