Young generation is the backbone of any society and every nation tries its best to utilize the skills and energy of its youth to include the fresh blood in various sectors of its economy. UAE is leader of innovation and development in the MENA region and one can’t expect the Gulf Arab country to ignore…
DetailsAfter two months of implementation of value added tax (VAT) in UAE, now the time has come for the government to receive its initial share of the tax. Recently, Federal Tax Authority (FTA) in UAE has announced the last date for submission of tax returns for businesses registered for VAT (value added tax). According to…
DetailsAfter starting in November 2017, the current event season in UAE is progressing in full flow. Like most of the other business activities, the major portion of these events and exhibitions are organized by the emirate of Dubai through DWTC (Dubai World Trade Centre). There is focus on every aspect of business in these events…
DetailsGwadar port is an important part of CPEC (China Pakistan Economic Corridor) which is expected to play the role of a game changer for Pakistan. For this reason, the government of Pakistan is doing its best to develop the port and its adjacent free zone as early as possible. The neighboring country China is also…
DetailsIn recent past, we have seen lots of news that reveal the increase in business activities in UAE due to certain measures taken by the UAE government. It is especially important due to the fact that there were dangers of decline in business activities amid the implementation of VAT in UAE. But instead, the reports…
DetailsFiling VAT returns in the UAE is a mandatory requirement for all businesses registered for VAT. The Federal Tax Authority (FTA) requires companies operating in the UAE to file their VAT returns electronically through the FTA portal within 28 days of the end of each tax period. Understanding how to file a VAT return correctly,…
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