Update on Correcting Errors or Omissions in Tax Returns
Grace period provided to update information in UAE Tax records
Has VAT Filing turned into another Accounting formality?
Can VAT Filing be treated as a routine period close formality, or proper disciplines need to be exercised while doing the periodic VAT return filings? Find out here.
Corporate Tax Registration Timelines Specified – Due dates starting from 31 May 2024
Introduction of Reverse Charge Mechanism on Supply of Electronic Devices
The UAE Federal Tax Authority has introduced application of Reverse Charge Mechanism on Supply of Electronic Devices meant for the purpose of resell or for further production / manufacturing.
Exploring the Dynamics of UAE Corporate Tax: MCA at Gulf News Event
MCA participated at the UAE Corporate Tax event conducted by Gulf News which was a day-long exploration of the transformative impact of the UAE’s competitive corporate tax rates.
Saudi Arabia announces extension of Tax Amnesty Scheme
Zakat, Tax and Customs Authority (ZATCA) of The Kingdom of Saudi Arabia announced today on 25th July 2023 the extension of Tax Amnesty Scheme to December 31, 2023.