Pankaj S Jain, Special to Gulf News

Articles from the author

UAE businesses gain from tax deadline fine waiver

FTA’s move is for the first tax period – will new companies benefit in 2026 too?

The UAE tax authority has provided an impetus for businesses to sort out their tax registrations, even when they have missed deadlines.

Handling deductible expenses under VAT

Businesses have to go through such expenses in detail to come up with the right outcome

The subject of expense deductions will need further insights and interpretations to be in full compliance with VAT rules.

What UAE businesses must do on VAT for imports

FTA provides updates on how imports of goods and services can be factored in

Corporate Tax

How will barters impact on UAE VAT rules?

Businesses that engage in exchange of goods or services need to be doubly sure

Barter deals can be monetary or non-monetary in nature. But businesses must be laser-focused on how these are accounted for in VAT.

Will VAT have to factor in multiple charges too?

New UAE VAT rule now requires no separation of price components in single composite supply

UAE businesses need to navigate through the new VAT rule switch with caution.

What UAE’s VAT update means for invoices on imports

New VAT clarification has led businesses to seek out more info on issuing tax invoices

The new VAT update provides food for thought for businesses with sizable imports of goods and services.

UAE tweaks tax guidelines for qualifying funds

Investors in such funds need to carefully track ‘diversity of ownership’ mandate

The recent UAE corporate tax updates provide fresh perspectives on exposure in qualifying investment funds and real estate investment trusts. Investors need to be mindful of the 'nexus' aspect.

UAE clarifies VAT on visa application services

It is a subtle distinction on VAT costs for manpower supply and visa facilitation

The latest Federal Tax Authority VAT update provides for distinction between manpower supply and visa facilitation service fees.

Signing up for UAE's Small Business Relief? Try this

Businesses must track all eligibility criteria, and not just the Dh3m revenue cut-off

The Small Business Relief is one of schemes SMEs are being offered to transition as smoothly as possible to the UAE Corporate Tax regime.

Can non-residents with UAE business activity be taxed?

After latest guidelines, individuals must keep close track on their corporate tax status

Sure, wages, real estate investment income and personal investments are not covered under corporate tax. But individuals can come under the tax net on multiple other 'business activity'.

For UAE business owners, 'first tax year' approaches

While first corporate tax payment is due only by Sept. '25, much still needs to be done

Businesses and their accounts department are hard at work in computing their corporate tax processes and obligations.

Entrepreneurs: Fix VAT compliance in UAE e-portal sales

Ecommerce portals should not get by issuing emails as 'tax invoices'

Online grocery sales in the UAE continue to push higher growth rates, with buyers sticking on once they get the hang of it. But for the portals, there are some VAT compliance measures to tick.

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