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 ...

According to Poulson, these are the property registration fees you can expect: • Dh2,000 plus Value Added Tax (VAT ... or 15 per cent for a UAE national. The minimum down payment for ...

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 ...

Moving to a new country can feel like a daunting task with so many costs to keep in mind, from sorting a visa, finding a property to rent, getting a driving licence, deciding to buy or rent a car and ...

The UAE implemented the Value Added Tax (VAT) of 5 percent in January 2018. To cater to tourists, the Federal Tax Authority (FTA) introduced a 100 percent digital tax-free shopping service in the last ...

These include new guidance on VAT and e-commerce; an amendment to the UAE VAT Regulations in order to narrow the scope of certain anti-avoidance provisions; and updated guidance on the National ...

Determine place of supply and the amount of VAT should be charged on such supply. M/S Rahman & Associates of Dubai has exported 5000 sets calculators in India for a price of AED 20 for each calculator ...

Multiply 20 fils by 50,000 such transactions seven days a week across all the stores in the UAE. That’s an awful ... Then, upload a VAT calculator phone app, so you can work out the correct ...

UAE’s tax revenue, including value-added tax (VAT) made up 5.5 per cent of the total public revenue in 2018, according to the Ministry of Finance (MoF), official news agency WAM reported.

ABU DHABI - The Federal Tax Authority, FTA, has determined three main categories of "eligible goods" for calculating Value Added Tax, VAT, on the basis of the profit ... obligations and the UAE tax ...