Excise Tax in UAE – Scope Expansion
The UAE has decided to implement excise tax on all e-cigarettes, e-liquids and several soft drinks. The government had initially planned to introduce the rule from the beginning of next...
Regulation of the submission of reports by multi-national companies in UAE
The United Arab Emirates (UAE) has introduced Country-by-Country (CbC) Reporting (CbCR) requirements, that will be applicable to businesses that have a legal entity
UAE, KSA Double Taxation Avoidance Agreement in Force
The double taxation agreement between the UAE and KSA is in force now. The agreement, which was signed in May 2018, came into effect in April 2019, nearly a year...
POST-VAT DO’S AND DON’TS
January’s introduction of value-added tax in the UAE has already caused a large number of organisations to fall foul of government regulations.
50% Reduction on Commercial Fines in Dubai
The Commercial Compliance & Consumer Protection (CCCP) sector at the Department of Economic Development (DED)
Why you Should Hire a Tax Agent in UAE?
VAT has imposed many challenges on businesses in UAE. Even though it’s been almost a year since VAT came into effect in UAE, people still find it difficult to adjust...
VAT Refund Scheme for UAE Tourists
Tourists visiting UAE do not have to bear the burden of VAT, commencing from November 2018.
HLB Hamt Approved as a Registered Tax Agent in UAE
HLB HAMT has attained the status of Registered Tax Agency in United Arab Emirates.
Daily Exchange Rates by UAE Central Bank for VAT Purpose
In a recent public announcement, UAE Federal Tax Authority has clarified on the use of exchange rates for VAT purposes.