FEATURED INSIGHTS

VATP018- Change in permitted use of a building

Issues Addressed: • VAT treatment in case of Sale of Building • Date of Supply Rules in case of supply of building • VAT treatment...

The definition of an Investment Fund Management Business encompasses Licensees that provide discretionary investment management services...

Definition To undertake a Shipping Business, a Licensee must operate one or more ships in international traffic, for the transport of...

Distribution and Service Centre Business means a centre that carries any of the following businesses: • purchasing from a Foreign Group...

Holding Company Business is a business that • has as its sole function the acquisition and holding of shares or equitable interests in...

Hello Friends, You must be receiving an email from FTA with a subject line: (Reminder) Restriction on VAT301 Form Lets understand! 1....

Hi Folks! This morning I came across an interesting question from a friend who had come on a tourist visa to UAE. He had purchased an...

A UAE business is regarded as carrying on an Intellectual Property Business if it holds, exploits, or receives gross income from...

Lease-Finance Business encompasses Licensees that offer credit or financing* for any kind of consideration**, and includes financing to...

Banking Business means the business of accepting deposits of money which may be withdrawn, or that are repayable on demand or after a...