Vat Return Filing in UAE | Latest Updates on UAE VAT Return Filing Presently the VAT Return Filing Period for most of the companies are on a quarterly basis and for businesses having a higher turnover is having their VAT Return Filing period on a monthly basis. The Federal Tax Authority (FTA) is now planning…
Free zones in UAE are also known as Free Trade Zones depicting that they are structured to boost the international business economy of the country. Free zones in UAE provides 100% ownership, Repatriation of Capital & Profits, TAX Exemption and many other facilities The kind of businesses the free zones in UAE largely offer ranges…
The Federal Tax Authority (FTA) has introduced a form 211 – VAT voluntary disclosure form recently. It will help the taxable persons to rectify the errors they committed in their UAE VAT Form 201 which is already filed. It is an option given by the FTA for the tax periods to voluntarily disclose the errors…
As far as VAT Registration is concerned, the Federal Tax Authority (FTA) has extended the VAT Registration cut-off date. The companies which were required to apply for VAT Registration in the beginning of the year for VAT has extended until April 30th 2018 without any penalty. The FTA is sure to get bumpy on those businesses…
What does VAT return filing mean? VAT Return filing is the official tax document to be submitted to the Federal Tax Authority before the due date. VAT Return filing has to be done by the Taxable Person at regular intervals depends upon his tax period. The VAT Return should show the details of any output tax…
