by admin | Jan 5, 2021 | Regulation
Blog Cabinet Resolution No. 58 of 2020 Regulating Beneficial Owner Procedures In Brief: Cabinet Resolution No. (58) of 2020 regulating Beneficial Owner Procedures (the “Resolution”) came into effect on 24 August 2020 and replaced Cabinet Resolution No. 34 of 2020...
by admin | Jan 5, 2021 | VAT
Blog VAT Registration Any business which exceeds mandatory or voluntary registration thresholds may be required or may be able to register for VAT. A business must register for VAT if the taxable supplies and imports exceed the mandatory registration threshold of AED...
by admin | Jan 5, 2021 | VAT
Blog Do suppliers of zero-rated and exempt supplies charge VAT? Suppliers do not charge tax on a zero-rated or exempt supply. What is the zero rate? If you make supplies at the zero rate, this means that the goods are still VAT taxable but the rate of VAT is 0%. You...
by admin | Jan 5, 2021 | Business Setup
Blog Do you like to start a business in Dubai? Why do people like to start a business in Dubai? Starting a business in Dubai should not take you more than a week once you’ve sorted all your legal procedures. But before you start your legal formalities, you need to...
by admin | Jan 5, 2021 | Business Setup
Blog 6 Steps For An Error-Free Business Process Every company wants to improve its business accuracy. However, mistakes are going to happen. When mistakes do happen, the following will take place: • Nothing changes. • Someone has to be blamed. 6 Steps For An...
