DUBAI:50% Reduction on Commercial Fines

DUBAI:50% Reduction on Commercial Fines

The fifty per cent reduction is applicable solely on fines issued for the primary violation in a very civil year. The business Compliance Protection (CCCP) sector at the Department of Economic Development (DED)...
UAE VAT: Non-Recoverable INPUT VAT

UAE VAT: Non-Recoverable INPUT VAT

The FTA has released Public Clarification VATP005 on Non-Recoverability of VAT on Entertainment Services describing instances wherein input tax in relation to entertainment services is recoverable or blocked. The public clarification covers the following topics:...
UAE VAT: Voluntary disclosure process

UAE VAT: Voluntary disclosure process

Voluntary disclosure process The FTA has introduced the VAT 211 Form for making voluntary disclosures. This form is to be used by taxable persons to rectify the errors entered in a VAT return which has already been filed. After logging into the FTA e-services portal,...