Said to be a world first, FTA's move to raise UAE's 'digital competitiveness'
Excluding VAT on virtual asset trades and investments is only one side of it
Here’s how businesses can review and dispute corporate tax assessments or penalties
Domestic businesses no longer need to inform within 20 days of partnership changes
Any change to a business's status, it must reflect in tax records
Property owners must decide whether to do such rentals under own license or not
For multinationals too, new rules on 'economic substance' filing come as a major boost
From November 15, exporters no longer need to get exit certificates to reclaim VAT costs
UAE revises VAT exemptions - and businesses get chance to claim refund
UAE Ministry of Finance extends VAT exemptions to crypto deals, other financial services
VAT on foreign digital services is expected to generate $1.4b revenue in the next 4 years
New businesses too must immediately start on getting 'Tax Identification Number'
September 30, 2024 is deadline for companies registered in June of 2023
Newly formed companies must stick to 3-month window to register for corporate tax
Freelancers, influencers generating Dh1m plus need register only by March 31, 2025
Between January and June, FTA conduted 40,580 inspections across the country
