How VAT Applies to Digital Products & Online Services in the UAE
The digital economy is growing rapidly, and businesses in the UAE are increasingly shifting to online platforms, offering digital products and services to customers locally and internationally. From streaming services and mobile apps to online courses and cloud computing, digital transactions are becoming the new standard. However, with this shift comes the responsibility of understanding […]
VAT Reconsideration Requests in UAE: How to Dispute Fines & Penalties
Receiving a VAT fine or penalty from the UAE’s Federal Tax Authority (FTA) can be frustrating, especially if you believe the penalty was issued unfairly or due to an error. Whether it’s a mistake in filing, a misunderstanding of tax rules, or an administrative oversight, businesses have the right to challenge these fines through a […]
UAE VAT & Construction Industry: What Contractors Must Know
The construction industry is one of the most dynamic sectors in the UAE, contributing significantly to the country’s economic growth. With large-scale projects, high-value contracts, and multiple stakeholders involved, understanding VAT regulations is crucial for contractors, developers, and suppliers. Since the introduction of VAT in 2018, construction businesses have had to adapt to new tax […]
How to Automate VAT Compliance & Reduce Errors in the UAE
VAT compliance is one of the most critical financial responsibilities for businesses operating in the UAE. Since the introduction of Value Added Tax (VAT) in 2018, companies must ensure that VAT is calculated correctly, invoices are compliant, and tax returns are submitted on time. However, many businesses still struggle with manual VAT management, leading to […]
VAT on Gold & Precious Metals in UAE: What Traders & Investors Need to Know
Gold has always been a prized asset, valued for its stability and wealth preservation. In the UAE, it plays a crucial role in the economy, with Dubai standing as one of the world’s top gold trading hubs. Whether you’re a trader, investor, or jeweler, understanding how VAT applies to gold and precious metals is essential […]
UAE VAT Refunds: Who Can Claim & How to Get Your Money Back
VAT is a cost that businesses and individuals in the UAE often deal with, but the good news is that in many cases, you can get some or all of it back. Whether you’re a business recovering input tax, a tourist reclaiming VAT on purchases, or a foreign company eligible for a refund, understanding the […]