The majority of registered businesses included in quarterly tax periods are small and medium enterprises.
The majority of registered businesses included in quarterly tax periods are small and medium enterprises.
Wholesale and retail gold jewellery sales in Dubai plummeted between 30 and 50 per cent in first quarter.
Registered businesses must also pay their due taxes by April 29
Fines of over Dh20,000 on companies flouting VAT registrations in UAE, FTA warns
2,160 applications are pending with the tax authority.
While cash still accounts for 75% of payments in the UAE, things are looking up for e-services
It is incumbent on all businesses to ensure that they are compliant and properly registered.
Main challenge is that these companies don't use the same kind of technologies
Implementation of new tax requires significant commitment of resources and some organizations do not have the systems
The Federal Tax Authority has issued a guide with details for home owners on how to claim the refund.