FEATURED INSIGHTS

Hi Folks! This morning I came across an interesting question from a friend who had come on a tourist visa to UAE. He had purchased an expensive camera through an online shopping website and wanted to know if he could get the VAT refund while leaving back to his country. UAE Government has a scheme in place for facilitating tourists who visit UAE, where they can claim the VAT (Value Added Tax) refund on their purchases made during their stay in the country. They can get a refu

A UAE business is regarded as carrying on an Intellectual Property Business if it holds, exploits, or receives gross income from...

Lease-Finance Business encompasses Licensees that offer credit or financing* for any kind of consideration**, and includes financing to...

Banking Business means the business of accepting deposits of money which may be withdrawn, or that are repayable on demand or after a...

Headquarters Business is the business of providing any of the following services toone or more Foreign Connected Person: • the provision...

Insurance Business means the business of accepting risks by effecting or carrying out contracts of insurance, in both the life and...

An Standard Operating Procedure (SOP) is a procedure specific to your operation that describes the activities necessary to complete tasks...

VAT on Purchase of Motor Vehicle for Business Purpose Article 53 of the Executive Regulation which deals with Non-recoverable input tax...

Thanks to its strategic position close to major international trade routes, and a strong digital as well as logistical infrastructure,...

The UAE has started thriving in non-oil sectors in the new normal and was also able to attract five million visitors even during the peak...