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History of Benami Transactions Benami is a Persian term which essentially means something without a name. However, in the present context
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Being registered under the VAT law means that a business is acknowledged by the government, as a supplier of Goods and Services and is authorized to collect VAT..
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Being a completely new form of indirect taxation there are many questions in the minds of the organizations. One of the most important questions is what is valu..
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VAT in UAE is a general consumption tax which will be levied on the majority of transactions of goods and services unless specifi..
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The tax which has been levied and needs to be assessed, will require a specific date to be established for the transaction for taxpayer and tax administration
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Introduction of VAT in UAEGCC i.e. Gulf Cooperation Council is a political and economic alliance of six middle eastern countries- Saudi Arabia, Kuwait, UAE, Qat..
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Article-2 of Decree LawArticle-2 of Decree law provides scope of VAT in UAE, which provides VAT shall be levied on Every Taxable Supply and Deemed Supply
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In the application of the provisions of this Decree-Law, the following words and expressions shall have the meanings assigned against each, unless the context o..
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Your type of business will determine the kind of license you require. Whether it's commercial, professional or industrial licenses, these will define the ba
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The word tax has not been specifically defined under any Law, however it simply means compulsory extortion of money by any Government within Constitutional powe..
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Accounting
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