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

To help you to complete VAT registration formalities successfully, we are bringing you the step by step process for applying for VAT registration

This can be a basic checklist for you to ensure that you are paying VAT to genuine suppliers. This, along with the provision for any person to verify the validity of a TRN, gives great power to you.

With the introduction of VAT in UAE, education sector has been impacted too. Let us see a ready reckoner for the VAT rates applicable to the education.

The scenarios of UAE import where an e-guarantee is required, are typically scenarios where the importer is not liable to pay VAT on import, on satisfying certain conditions.

he education sector in UAE will see many changes under VAT, as now, certain goods and services provided by educational institutions will be subject to VAT @ 5%.

In the case of imports into UAE, the term 'Customs duty suspension' is frequently used. Let us understand customs duty suspension and the supplies to which it is applicable.

Under VAT in UAE, the Government has proposed various special refund schemes where certain specified persons are entitled to claim refund of VAT paid on purchases made in UAE.

Under VAT in UAE, the UAE Government has proposed a VAT refund scheme for UAE nationals when they construct a new residence. Let us understand the new residence VAT refund scheme in detail.

To facilitate the VAT payment by persons registered under VAT, the FTA has introduced a new method of paying tax: GIBAN. This is in addition to the existing e-Dirham facility and credit card payment.