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[…]
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[…]
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[…]