Sometimes businesses will bundle together two or more goods or services into a single transaction as a sales strategy to attract more customers. Combining goods and services can also be necessary if the nature of the items means they need to be supplied together. In…
The standard time frame for filing VAT return uae is quarterly, meaning every 3 calendar months. However, some businesses may be required by the Federal Tax Authority trn verification (FTA) to file monthly instead. VAT return uae must be submitted by the 28th day after…
With the introduction of VAT in the UAE on January 1, 2018, businesses operating in Free Zones were concerned about the impact of VAT Registration on their operations. As a first step to provide clarity on free trade zones, the UAE VAT Executive Regulations defined Designated Zones…