Tags Taxes

Taxes

Double taxation agreement between UAE and Saudi Arabia comes into effect

The agreement enhances integration and cooperation frameworks in tax matters, and consolidation of financial, economic and investment partnership between the two countries It...

VAT Calculator, Tax Registration Number Verification Service Now Online

The new services are part of the Authority’s efforts to protect consumers and prevent any attempts at price manipulation and profiteering. The Federal Tax Authority...

The Impact of VAT on Car Ownership in Dubai

Owning a car in the UAE is a big decision since it involves many hefty expenses including fuel, insurance, parking and maintenance. For those...

Designated Zones in UAE for VAT Exemption Revealed

The Ministry of Finance has clarified the details of Cabinet Decision No. (59) of 2017 on Designated Zones for the purposes of the Federal...

PAN Emirates Will Not Charge VAT To Customers In 2018

PAN Emirates Home Furnishings, a local label in luxurious indoor, patio and outdoor furniture that is sure to light up any living space, takes...

VAT Impact Will Attract Global Players To Dubai Real Estate Market

The introduction of Value Added Tax in the UAE from next month will provide major new incentives for institutional investors to enter the Dubai...

VAT: What Buyers and Renters Need to Know Now

Real estate brokering is defined as a service under the new UAE tax law, which will take effect 1 January 2018. This means...

Dubai Economy Asks Businesses Not to Hike Prices Ahead of VAT

The Commercial Compliance & Consumer Protection (CCCP) sector in Dubai Economy has called on retailers in Dubai not to use the VAT (value added...

New Federal Decree Clarifies Value Added Tax in UAE

President His Highness Sheikh Khalifa bin Zayed Al Nahyan has issued the Federal Decree-Law No. 8 of 2017 for Value Added Tax in UAE,...

Dubai to implement duty on jewelry from 1st Jan 2017

Dubai is set to implement duty on jewelry at 5% from which will come in to effect from 1st Jan 2017. The duty imposed...

UAE to begin implementing G20, OECD procedures for tax information exchange

The Ministry of Finance (MoF) has announced that the UAE will begin implementing the standards of joint disclosures and the exchange of information for...

VAT is set to truly be taxing, with next 13 months...

Diversification, changing operating models and promoting smart initiatives led by technology and employment continue to be key trends as we move into Q1 2017....

Visitors to Abu Dhabi will pay municipal taxes on hotel bills

According to a local newspaper, a new decree will impose a 4 per cent municipality taxes on hotel bills and a Dh15 charge per...

Middle East Countries Still a Tax Heaven

UAE is among the world’s tax havens. The local authorities have set not only world’s lowest average tax rates, but also a flexible time...

Top tips for making most of your money abroad

Here we look at the top tips for making the most of your money when moving abroad: Savings, Taxes, Pensions, Medical insurance, Financial Planning