Tag: taxation

How to file UAE value added tax (‘VAT’) returns?

Tax - Corporate & VAT

For submitting vat returns please read instructions below to simplify your work flow: This user instructions guide will help you understand the key steps to file a VAT Return online through the eServices portal. For each Tax Period, a Taxable Person will be required to submit a VATReturn which contains details regarding the supplies made […]

What is Tax Group (VAT) & What are Implications – All Basic Info

Tax - Vat

Tax grouping for VAT purposes is an administrative easement available to businessesand a revenue protection measure for government: Creating a tax group has the effect of registering a single taxable person. A tax group is issued one VAT Tax Registration Number (TRN) for use by allgroup members, and only one tax return is required for […]

VAT(Identification of Designated Zones) – UAE

Vat Tax

VAT treatment of Free Zones VAT is a general consumption tax imposed on most supplies of goods and services in the UAE. By default, it is chargeable on supplies of goods and services throughout the territorial area of the UAE. This territorial area will also include those areas currently defined as both fenced and non-fenced […]