UAE tax authorities have intensified efforts to ensure that all persons — whether individuals or businesses — fulfil their ...

Shutterstock/Vijith Pulikkal/Gulf News UAE businesses– both on the free zone and mainland – seem to have been caught off-guard by a recent clarification on VAT. Are they required to issue tax ...

AED 1,000 late filing penalty for the first missed return, increasing to AED 2,000 for each subsequent quarter ...

According to the report, the Authority approved 1,656 new applications for citizens who requested refunds for the tax they paid on constructing their new residences, with a total value of AED148m ($40 ...

When the 20 per cent VAT hike threatened to up one family's bills by £5,000 a year, they decided to join the rising numbers ...

Saudi Arabia has a new regulation allowing tourists to claim refunds on the 15% value-added tax (VAT) paid on eligible goods ...

Free zone license = full exemption from corporate tax. Fact: All free zone entities are subject to corporate tax unless they qualify for 0% as a “qualified free zone person” meeting 6 specific ...

ALBAWABA - UAE Fuel Price Committee announced petrol prices for May 2025. Prices are recording a slight decrease compared to April 2025. The new prices ...

Supplies of residential property including sales and leasing in the UAE will be exempt from value added tax (VAT), according to the UAE’s finance ministry. In a VAT briefing session for advisors ...

Even if you aren't ready to move your FinTech operations to the UAE, there are other ways of improving financial services.