Blogs & News

SAB will keep you posted about the latest news and updates!

Tax Errors & Fines for Construction Sector

VAT for Construction Companies Construction sector will be included in the VAT regulations and will attract the Standard rate of 5% VAT. Companies in the construction sector needs to plan in advance due to the long term of their projects. All the businesses in the construction industry of UAE are now demanding for the invoices Read more about Tax Errors & Fines for Construction Sector[…]

Tax Audit by Federal Tax Authority (FTA) starts in 2019

Businesses in UAE must prepare themselves for official and mandatory audits in 2019 as it has been one year since the VAT has been implemented in UAE. All the laws and regulations for all kind of businesses are clear and properly in place.    All the businesses should be ready for audits by the UAE’s Read more about Tax Audit by Federal Tax Authority (FTA) starts in 2019[…]

audit services in dubai

Approved Audit Firms in Dubai

Audit Firms in Dubai Businesses in UAE can get a lot of benefits from an audit report prepared from the best audit firms in Dubai with regulated auditors who are able of handling this matter for your business/company. It is also mandatory by government of UAE for a company or a business to hire a licensed and approved Read more about Approved Audit Firms in Dubai[…]

Importance of Accounting and Bookkeeping in Businesses

Why Accounting & Bookkeeping is necessary for businesses? Accounting and bookkeeping is a very systematic and comprehensive recording of a financial transactions relating to any business. Accounting helps the management of the company to be able to ascertain and understand the financial position of the business. With all accounting activities, the final report provided helps Read more about Importance of Accounting and Bookkeeping in Businesses[…]

Registered FTA Tax Agent

Why should you choose to have a Tax Agent?

VAT in UAE is unquestionably recent to everyone and it has been implemented in UAE since the beginning of year 2018. The concept about certified tax agent UAE has been introduced to the businesses and organizations before the tax system was implemented. Federal Tax Authority (FTA) has explained the possible issues and difficulties that might arise and Read more about Why should you choose to have a Tax Agent?[…]

VAT Fines and Penalties in UAE

Federal Tax Authority (FTA) has approved the complete and final list of all the administrative VAT Fines and Penalties in UAE that will be imposed on businesses for violations of the VAT laws. Every VAT fine or penalty will be no less than AED 500. The complete and approved list of the administrative VAT fines and penalties Read more about VAT Fines and Penalties in UAE[…]

Procedure for VAT Returns Filing in UAE

Procedure For VAT Returns Filing in UAE

VAT Returns Filing in UAE All the businesses in UAE should file VAT returns with the Federal Tax Authority (FTA) on a quarterly basis. VAT Returns must be filed according to the specified dates and duration mentioned on the VAT Application or VAT Certificate, within 28 days from the end of the tax period. All Read more about Procedure For VAT Returns Filing in UAE[…]

VAT in UAE

New VAT Registration Deadline is April 30, 2018

Federal Tax Authority (FTA) exempted businesses and individuals from administrative penalty for non registration of VAT, and now Federal Tax Authority (FTA) has extended the deadline by April 30, 2018. All the businesses in UAE who did not register till December 2017 has given a relief as FTA issued new VAT Registration deadline which is Read more about New VAT Registration Deadline is April 30, 2018[…]

VAT Return Filing

How to file VAT Return in UAE

VAT Return in UAE Federal Tax Authority (FTA) has relieved the time duration of the first VAT Return filing in UAE. FTA has given a relaxation to the business with regards to the first VAT Return filing as the first VAT Return period is from January 1, 2018 to May 31, 2018 and then quarterly Read more about How to file VAT Return in UAE[…]