Reverse Charge Mechanism under VAT in UAE

The reverse charge mechanism in UAE VAT is a vital yet often overlooked aspect of VAT compliance. Unlike the conventional VAT process, where the seller collects VAT from the buyer and remits it to the Federal Tax Authority (FTA) the reverse charge mechanism shits this responsibility to the buyer.
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Qualifying Free Zone Person Under UAE’s Corporate Tax Law

So, what exactly is a Qualifying Free Zone Person in UAE? It’s a Free Zone company that meets certain conditions, like doing the right kind of business activities, keeping proper offices and operations in the UAE, and following rules on how they deal with related companies. If a Free Zone business ticks all these boxes, it can continue to benefit from zero corporate tax on its qualifying income.
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Anti Money Laundering (AML) Compliance Services UAE

In today’s highly regulated financial landscape, safeguarding your business against illicit financial activities is more critical than ever. Shuraa Tax offers specialised anti money laundering compliance services UAE to help companies meet both local and international regulatory standards with confidence.
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VAT On Services Provided Outside UAE

The answer isn’t always straightforward. It depends on something called the “place of supply”, a key rule that helps determine whether your service is taxed in the UAE or not. In many cases, if you’re dealing with customers located outside the UAE, your services might be zero-rated (charged at 0% VAT) or completely outside the VAT scope, meaning no VAT applies.
That’s why understanding how VAT on services provided outside UAE works is really important for staying compliant and avoiding unnecessary taxes or fines.
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Expert Accounting Services in Abu Dhabi

Accounting is the backbone of every successful business. It helps you track income, manage expenses, make informed decisions, and ensure compliance with local regulations. In Abu Dhabi, where the business landscape is both vibrant and regulated, maintaining accurate financial records is more than just good practice; it’s a legal requirement.
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VAT Services in Dubai, UAE | Shuraa Tax

VAT (Value Added Tax) was introduced in the UAE in 2018 and is now a part of every business. A 5% VAT is added to most goods and services, and if you run a business, chances are you need to register, file VAT returns, and keep your records in order.
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How to Obtain a TIN Number in The UAE

As the UAE strengthens its regulatory and tax infrastructure, understanding and obtaining a Tax Identification Number (TIN) has become increasingly vital for individuals and businesses. Whether you’re running a company or working as a freelancer, securing a TIN in UAE ensures you remain compliant with the country’s tax laws and facilitates smoother financial transactions.
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Corporate Tax Fines and Penalties in UAE

With the implementation of the UAE Corporate Tax regime, businesses across the Emirates are expected to comply with the new tax rules. Failing to meet these obligations can result in significant Corporate Tax fines in UAE, including penalties for late registration, incorrect filing, and non-compliance.
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E-invoicing In Saudi Arabia: Step-by-step Guide

Saudi Arabia is going through a major digital change as part of its Vision 2030 plan, and one important step in this journey is the move to e-invoicing in Saudi Arabia. To make business transactions more transparent and efficient, the Zakat, Tax and Customs Authority (ZATCA) has introduced new rules that require businesses to switch from paper invoices to electronic ones.
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Business Activity Description For VAT Registration

When registering for VAT in the UAE, one of the most critical elements that business owners often overlook is the business activity description for VAT registration. Whether you’re launching a startup or expanding an existing company, clearly identifying your Business Activity for VAT Registration can make the difference between smooth approval and frustrating delays.
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