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Recent Development in UAE VAT Law
DEC 27, 2018
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One of our resident VAT experts, Sudarshan speaks about the new guidelines and clarifications published by the FTA during last few months at IFA Dubai Branch Meeting on December 22,2018. 

He highlighted the seriousness of proper tax compliance and recordkeeping requirement to avoid unnecessary penalties by the FTA.

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FTA Warns Business Owners Over VAT Refund Scam

The UAE’s Federal Tax Authority has issued a warning to business owners to be wary of phishing emails from scammers. The new scam came to light after emails were sent to customers of local banks requesting their personal banking details so that their VAT refund can be processed.

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OFFSHORE COMPANIES IN THE UNITED ARAB EMIRATES

An ‘Offshore Company’ is a type of legal business entity available for businesses looking to establish in the UAE with the intention of either operating outside the UAE or for the purposes of acting as a holding company (for example for the purposes of holding Real Estate, Intellectual Property Rights, Shares in other Operating Businesses or other Financial Investments).

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9 Key points to becoming a Proactive Accountant

The characteristics of a proactive accountant starts with the basics of sound technical ability and solid ethical foundation.

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