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VAT Return Filing [17] in Dubai is essential for taxable businesses. Once you have applied for VAT registration, your business will get the Tax Registration Number (TRN) and it is now mandatory to file VAT Return. As per standard, you need to file VAT returns every three monthly or quarterly.
United Arab Emirates: 0% (free zone companies, [229] as well as mainland companies with less than 375,000 AED a year in profit, [230] may need to fill out a tax return) 9% (for mainland companies with a net profit over AED 375,000 annually, taxation paid to other countries credited towards UAE taxation, tax return required) [230] 0% [231] 5% ...
Anyone who collects VAT becomes a VAT Trustee if they: register and collect a Business Identification Number (BIN) from the NBR; submit VAT returns on time; offer VAT receipts; store all cash-memos; and use the VAT rebate system responsibly. VAT Mentors work in the VAT or Customs department and deal with trustees. The VAT rate is a flat 15%.
The introduction of the VAT has provided the government with an additional source of income – approximately 6% of the total revenue in 2018, or 27 billion United Arab Emirates dirham (AED) – affording its fiscal policy more independence from oil- and gas-related revenue, which constitutes about 36% of the total government revenue.
Best Food Gifts for Christmas Kelly Fields’ Southern Brunch Box. Start Christmas morning on the right foot with a brunch courtesy of Kelly Fields, one of the South’s most acclaimed chefs.
From January 2008 to December 2012, if you bought shares in companies when Monica C. Lozano joined the board, and sold them when she left, you would have a -17.7 percent return on your investment, compared to a -2.8 percent return from the S&P 500.
Major retailers earned a grade of F for failing to protect customers from hazardous chemicals and plastics in the products they sell, a new report says.
el carácter abusivo de las cláusulas, con la Directiva 93/13. Además, pregunta por el carácter abusivo de distintas cláusulas del contrato de préstamo.