public clarification

FTA, VAT, VAT DE-registration, VAT Registration, VAT Updates November 19, 2020

By UAE TAX

UAE Real Estate Management Entities – Accounting for VAT

UAE Real Estate Management Entities – Accounting for VAT VAT Public Clarification: Dubai Owners’ Associations and Management Entities On 3 November 2019, all rights and obligations of Dubai Owners’ Associations were transferred to Management Entities, which resulted in Dubai Owners’ Associations no longer making taxable supplies. Dubai Owners’ Associations were,…

Dubai VAT Consultancy, FTA, Tax Agent, VAT, VAT Updates October 14, 2020

By UAE TAX

UAE : FTA on VAT free offers

UAE : FTA on VAT free offers FTA on VAT free promotions: The Federal Tax Authority of the United Arab Emirates has published a public clarification on VAT free special offers (VATP020).This clarifies the VAT treatment of promotions where the seller absorbs VAT on promotional goods. VAT registered businesses should…