Category: News

The disease caused due to the spread of the Novel Coronavirus is a global health crisis, and it has brought the whole world to a literal standstill. COVID-19 has affected the world as a whole especially the economies of the...

The coronavirus pandemic has affected more than 200,000 people and has been spread in more than 145 counties in the world and is showing no indication whatsoever of slowing down. This pandemic has brought the whole world to a literal...

The whole world is facing a severe epidemic that has brought the working of the world as an entire to a halt. There are specific industries that are more affected by this virus. Still, by practicing social distancing and by...

According to the Federal Tax Authority, UAE, the supply of education services provided by Institutions is zero-rated subject to the conditions and criteria laid down under Article 40 of the Cabinet Decision No. 52 of 2017 on the Executive Regulations...

Dubai has recently announced the introduction of a ‘Virtual Commercial License’ in Dubai. This license is the first of its kind, and the possession of this license will allow entrepreneurs and businessmen all around the world to conduct their business...

The UAE Cabinet has taken an essential step on 30th April, 2019, where the Cabinet of Ministers Resolution No. 31 of 2019 has been released, which stands as a milestone for the UAE Taxation policy and can be considered as an...

The Value Added Tax was implemented with a rate of 5% in UAE from 1 January 2018 with an idea to bring in a new source of revenue. Since its implementation, the businessmen are still trying to cope up with...

The implementation of VAT charges has become a mandate for the GCC countries at a rate of 5%. The UAE, being one of them, has also implemented the same. As per the UAE VAT Law, most of the tax paid...