VAT Administrative Penalties – Extended Grace Period Conditions
Redetermination of Administrative Penalties - Grace period extended to 31st December 2022 In April 2021, Cabinet Decision No.49 of 2021
FTA Updates on Administrative Penalties
FTA has come with recent update on the changes to VAT Legislations. They are listed below: Redetermination of Administrative Penalties
FTA Public Clarification on Mobile Phone Packages
Summary of UAE VAT PC 028: Mobile Phones, Airtime, and Data Packages Made Available to Employees for Business Use
Are you ready with AML Compliance Framework?
Understand the compliances that are mandatory for Designated Non-financial business and professions (DNFBPs) entities registered on the GoAML.
FTA New Guide on the Automotive Sector
FTA has released a new long-awaited guide on the VAT applicability in the Automotive sector VATGAM1 covering various supplies.
Redetermination of Penalty Update
UAE FTA has released an update on the Redetermination of Penalty summarized here
Are you ready for FTA Audit?
A VAT Health Check review will help your business identify any non-compliances and aid future compliant practices.
Are you required to register in the Oman VAT 2nd phase?
The 2nd phase deadline (31st May 2021) for mandatory VAT registration for certain organisations and individuals is fast approaching.
Congratulations CA Girish Chand, Senior Partner
CA Girish Chand heads the MCA Gulf Tax and Compliance practice covering VAT, ESR, AML, UBO across UAE, Bahrain and Oman.
Significant Reductions in FTA Administrative Penalties
A new UAE Cabinet Resolution was published on 28 April 2021 announcing reduction in FTA Administrative penalties.