by PREMA Team | Nov 7, 2024 | Corporate Tax, Other Tax, VAT
The UAE has offered a grace period to taxpayers to help them avoid fines and penalties resulting from tax records. The Federal Tax Authority (FTA) announced a new decision to support businesses in efficiently meeting their tax obligations, offering...
by PREMA Team | Nov 4, 2024 | Corporate Tax
The Federal Tax Authority (FTA) has urged Resident Juridical Persons with Licenses issued in October and November, irrespective of the year of issuance, to promptly submit their Corporate Tax registration application no later than 30 November 2024. In a press...
by Danissa Guotana | Oct 31, 2024 | Accounting, Business, Corporate Tax, VAT
The UAE has announced new laws to transform tax collection and record-keeping for businesses in the country. Under new rules, taxpayers in the UAE will be able to standardise and automating invoicing with new digital channels. The Ministry of Finance...
by PREMA Team | Oct 28, 2024 | Business, Corporate Tax
The UAE has called on relevant taxpayers to submit applications before the end of this month or face fines. The Federal Tax Authority (FTA) has renewed its call for Resident Juridical Persons with licenses issued in August and September,...
by PREMA Team | Oct 16, 2024 | Business, Corporate Tax, Other Tax, VAT
Dubai real estate tax rules will be made clearer as the Land Department teams up with Federal Tax Authority to streamline VAT collection on property sales. The Federal Tax Authority (FTA) and the Dubai Land Department have strengthened their strategic...
by PREMA Team | Sep 23, 2024 | Corporate Tax, VAT
Dubai: Compliance with UAE’s excise and value-added tax (VAT) laws has more than doubled in the first six months of the year, but violations have also surged, according to the Federal Tax Authority (FTA) During this period, the regulator found 30,710 establishments to...
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