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If you run a business in the UAE, you’re probably already familiar with VAT (Value Added Tax). Introduced in 2018, VAT is a 5% tax applied to most goods and services in the country. It’s managed by the Federal Tax Authority (FTA), and staying compliant is a must for all registered businesses. But what happens if the FTA makes a decision you don’t agree with ...
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Value Added Tax (VAT) is an important component of the UAE’s economic landscape and holds significant relevance for businesses in many ways. Understanding the impact of VAT on businesses is important for compliance, growth and optimization of tax position. The UAE is a highly business-friendly nation that welcomes investors and entrepreneurs with open arms. ...
A tax consultant in the UAE helps individuals and businesses navigate the country’s evolving tax system, including VAT and corporate tax. Their main role is to ensure clients remain compliant with UAE tax laws while minimizing tax liabilities legally. Tax consultants assist with VAT registration, filing returns, input/output tax calculations, and maintaining...
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