Since the introduction of Value Added Tax (VAT) in 2018, businesses operating in free zones have been required to adapt to a unique set of rules. Free zones are designed to attract foreign investment by offering incentives such as tax exemption and custom duty...
On January 1, 2018, the UAE took a significant step by introducing Value Added Tax (VAT), shifting from a tax-free economy to one that uses taxation to support economic diversification. Under Federal Law No. 8 of 2017, VAT has become a key part of the country’s fiscal...
The government imposes VAT as an indirect tax on the supply of goods and services, charging it at each stage of the supply chain. Registered taxpayers collect the tax on behalf of the government, while the end consumer ultimately bears the VAT. Khairallah Law Firm...
Redetermination of Administrative Penalties Levied Prior to the Effective Date of Cabinet Decision No 49 of 2021. TAXP004 Please be informed that Public Clarification TAXP004 replaces Public Clarification TAXP002. Issue On 28 April 2021, the Cabinet issued Decision...
Khairallah Advocates & Legal Consultants obtained landmark judgment against Federal Tax Authority (FTA), revoked decision issued by the Committee of Resolution of Tax Disputes in the Emirate of Dubai imposing penalties imposed as per clause (9) and (11) of Table...
