Khalid Al Bustani: “Ensuring the supply of tax invoices for all sales in local markets is one the FTA’s key objectives.” Dubai: The Federal Tax Authority (FTA) has announced the launch of a new field ...

The UAE VAT tax rate is 5% ... Proper documentation, such as tax invoices, is required for this recovery. In terms of VAT, mining cryptocurrency by a person for their own account is not considered ...

The UAE is clamping down on counterfeit cigarettes and soft drinks as it boosts tax compliance with massive increase in field inspections. In efforts that support the protection of consumer rights, ...

Corporate Tax, a tax on the profits made from business activities, is incurred in the UAE if your total revenue from business activities in 2024 or later exceeds Dh1 million in a calendar year.

expected Ramadan dates and more top stories this week This week the UAE launched a new visa offering and revealed more details of tax guidelines for companies operating in the country. Meanwhile, ...

MNC businesses meeting tax ceiling have 15 months to file top-up tax returns MNC-linked entities operating in the UAE can ease their tax burden if they become eligible for 'substance-based income ...

Dubai Chambers and the UAE’s Federal Tax Authority (FTA) have announced a new strategic partnership to promote awareness of the country’s tax system. The initiative is aimed at helping private ...