The recent changes in United Arab Emirates business regulations, particularly their tax system for corporations, have altered the business environment drastically and forced all businesses operating in Dubai to adhere to specific filing requirements to avoid legal issues. Because of recent changes to corporate tax regulations,…
In today’s Dubai business environment, companies may encounter situations where they need to stop their VAT registration. VAT deregistration in Dubai is regulated by the Federal Tax Authority (FTA) and is necessary for companies that no longer qualify for VAT registration due to their activities…
In the United Arab Emirates, the Value Added Tax (VAT) system has been effective since 2018. As with other jurisdictions, businesses in the UAE reach a particular revenue threshold are mandated to register for VAT. However, there are some circumstances where a company may choose…
