Author: Saif Audit

UAE VAT-Bad Debt Relief : Where a VAT registered supplier supplies goods or services to its customers but is not paid (wholly or partially) within a specified period, such …

Oman VAT Registration Start : The Sultanate of Oman Tax Authority has announced the commencement of VAT registration from 1st February 2021 until 15th March 2021.

If your Tax Registration Number (“TRN”) is not updated at the Customs Department, you have the following three options: Option 1: Update your customs registration number on your profile …

UAE allows 100% foreign ownership of businesses to boost economy – Commercial Companies Law Key amendment The UAE has repealed the need to have UAE nationals as sponsors, thus …

Another step to reduce the impact of corona virus on the residents. Dubai reduces instant licence fee: Dubai Economy has reduced the market fee for instant licences by over …

Business set up in DMCC and get up to 50% discount on new company licence in Dubai, along with a Flexi desk for one year

Dubai Free Zones rental postponement: Dubai free zones have announced a postponement of rent payment for up to six months to support the local entities to overcome the Covid-19 …

DMCC Audit deadline 2020. DMCC extended the Audited Financial Statement (AFS) deadline from 90 days (3 months) to 180 days (6 months)

The kiosks will reduce the processing and waiting time for tourists claiming back VAT in UAE Tourists Can Claim VAT Refunds Through Self-Service Kiosks : kiosks have been launched …

Audit firm in Dubai-Saif Chartered Accountants is one of the best ranked audit firm in Dubai, United Arab Emirates with more than 25 years of experience