All companies, including those in free zones, must register for corporate income tax, irrespective of existing VAT registration. Registration is accessible at all times through the EmaraTax portal on ...

The Federal Tax Authority (FTA) has unveiled a new VAT refund system designed specifically for e-commerce purchases made by tourists during their stay in the UAE. This system, which is the first of ...

In the UAE, VAT applies to goods and services exchanged for cryptocurrency, treating these transactions as barter. Businesses accepting cryptocurrency must calculate VAT based on the fiat value (in ...

The UAE has introduced a new system for tourists to receive VAT refunds on e-commerce retail purchases in the country. The Federal Tax Authority (FTA) has launched a new VAT refund system for ...

Are you eligible for a VAT refund? Find out the steps you need to follow Also In This Package 10 ways to pay for parking in Dubai Full list of UAE public holidays, in 2024 Dubai: Now, renew RTA ...

A new ‘world first’ tax refund system for tourists doing online shopping has been introduced by the UAE’s Federal Tax Authority. The authority has rolled out a new paperless system which will allow ...

The UAE will begin to levy a $2,722 (AED 10,000) fine on businesses that do not register with the tax authority on time. The announcement was made on Tuesday by the Ministry of Finance, following an ...