The Federal Tax Authority will get tough on companies, which are obliged to register for value-added tax (VAT) but have not done so from next month, said a senior official. Khalid Ali Al Bustani, director general, Federal Tax Authority, said during a media briefing on Wednesday that the postponement of the penalty for late registration […]
Courtesy: Khaleej Times The Federal Tax Authority (FTA) and Dubai Land Department (DLD) have confirmed that the UAE’s recently introduced value-added tax (VAT) will have a limited impact on the real estate sector. In a statement on Tuesday, FTA and DLD said all real estate transactions, with the exception of the sale of vacant commercial […]
The basic Guide line for immediate compliance is prepared to communicate the compliance to be noted as part of VAT implementation. Please contact the assigned Auditor/ Accountant / consultant from EA Auditing and business management for specific guidelines and assistance. This document contains only base level information on compliance to be considered on priority. Please […]