Feb 2, 2024

Ultimate Beneficial Owner(UBO)

VAT No Comment 1044 Views

Introduction Cabinet Resolution No. (58) of 2020 regulating Beneficial Owner Procedures (the “Resolution”) took effect on August 28, 2020, and replaced Cabinet Resolution No. 34 of 2020 issued earlier. The Resolution covers theRead More

Feb 1, 2024

UAE VAT Law

VAT No Comments 1057 Views

Registration for VAT Only VAT registered businesses will need to charge and account for VAT. Mandatory Registration: A business must register for VAT if the taxable supplies and imports exceed the mandatory registrationRead More