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Under the VAT Laws, Federal Tax Authority has nominated three more VAT-free zones, which are called “Designated Zones”. With the addition of the…

Each day, hundreds of aspiring, talented and passionate entrepreneurs try their luck with the start-ups, unfortunately very few get to get the ball…

It’s been a year since VAT first landed in GCC region with UAE and KSA being the first member states to implement. Fast…

On January 01, 2018, UAE joined the global tax arena by implementing VAT across the country for the first time in history. The…

Being a VAT consultant, our clients raises their concerns over the introduction of VAT and its “domino affect” on property prices as it…

May 2014, IASB issued converged IFRS 15 standard on the recognition of revenue with a goal to “improve the financial reporting of revenue…

Prices for goods or services are either quoted readily inclusive of VAT, particularly where the goods/services are supplied mostly to private individuals, or…