Author Archives: admin

VAT has already been introduced to the UAE since 1st January 2018 and crossing distinct phases, with time moving ahead. Companies were busy getting their registrations done and now are moving towards their first return filing that would strike shortly. Individuals and businesses who have registered themselves for VAT are required to submit VAT return…

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Introduction of VAT is becoming a bigger focus for companies in UAE as they try to adapt for it. Preparing for VAT is advisable due to many reasons like operational effectiveness, adhering to compliances, financial penalties associated due to non-compliance, managing of cash-flow, risk to goodwill etc. VAT will be applicable to almost all goods…

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The Hotel & Leisure (H&L) sector is comprised mainly of the following subsectors: tourism and tour operators, hotel industry, airlines etc. The scope of Hotel & Leisure services under these sub sectors is quite broad and may include: Tour packages Transport services Hotel accommodation services Restaurant meals Ticketing fees Entertainment fees (internet, telephones, televisions); recreational…

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The term “International Company” relates to registering, managing, directing, and administrating a legal entity in a foreign country, usually with low or zero taxation policy and many more benefits. It has a lot of mutual features with traditional offshore companies in terms of easiness of management, but with a better level of reputation and confidentiality.…

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