What is a Tax Agency and why is it vital for your business compliance?

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  Whether you are new to doing business in the UAE or not, you surely know that there are rules to follow and laws to understand in order to operate your business as smoothly as possible without unnecessary interruption.   The Value Added Tax (VAT) is still relatively new in the […]

Reconsideration: A time bound opportunity

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  Have you ever felt that you might have been wrongly penalised? Are you not satisfied with the Federal Tax Authority (FTA) decision? If yes, then CREATIVE ZONE Tax & Accounting can help you file a reconsideration form to request a review of the FTA’s decision.   Although FTA has multiple […]

First year of VAT in the UAE: 5 tips to safeguard your business from penalties

5 tips to safeguard your business from penalties

  The introduction of Value-Added Tax (VAT) in the UAE is part of the government’s strategy to diversify its revenue source, secure its national fund for the improvement of public services, and to reduce its dependence on oil.   The Federal Tax Authority (FTA) released a statement confirming that the number […]