Reverse Charge Mechanism In UAE: How Does It Work?

    The UAE VAT Law states that the person making taxable supplies, i.e. the supplier, is responsible for levying, collecting and paying tax to the government. A registered supplier must charge VAT whenever he makes a taxable supply and pay VAT to the UAE government. The forward charge mechanism refers […]

The Holiday Season Is Here And so is The ESR Deadline

DEC21 ESR reminder

  One of the newest topics in the UAE business world is the Economic Substance Regulations which went into effect on 1st January 2019. However, despite passing a good time, firms and businesses are left with a dilemma because of inconsistent filings and different approaches used by different authorities. Consequently, UAE […]

Don’t Let UAE Business Regulations Catch You Off Guard

Dubai is a hub for aspiring businessmen and entrepreneurs. The exceptional tax regime makes it a haven for people looking to operate on a level playing field. However, the UAE compliance environment often presents a tricky landscape for businesses who are not familiar with them and can get caught up unnecessarily […]