Dubai Customs Notice – Attestation of Import Commercial Invoices by Ministry of Foreign Affairs Import into the UAE Dubai Customs, Ministry of Foreign Affairs Starting 1 February 2023, all imports into the local market must have an invoice attested by the UAE Ministry of Foreign Affairs. This applies to shipments of value equal to or...
Webinar: Key Highlights on Recent Changes Introduced by FTA in the form of Emara Tax Portal and UAE Corporate Tax Legislation Date: 20th December 2022 – 4:30 PM to 6:00 PM If you are an accountant, finance manager, or a person handling tax function in the company, this webinar is meant for you. Register now!
Corporate Tax Open Day: 17th December 9.30 AM to 1 PM FAME Founder and Managing Director Mr. Nirav Shah to speak at Corporate Tax Open Day organized by India Club in partnership with IBPC Tax Federation. Mr. Nirav is going to provide an overview of corporate tax, including its scope and coverage and exemptions granted...
Summary of CT Law – UAE Federal Decree-Law No. 47 of 2022 The UAE Government has released Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Business (UAE CT Law) on 9 December 2022. UAE Corporate Tax Law provides the legislative basis for the introduction of a tax on the taxable income...
Wealth Management in the Middle East: An Insight into the Current and Future Needs of Investment Clients Read More
Nirav Shah, Director of Fame Advisory, said some of the companies here are actually falling within out-of-scope transactions, whereby most of their dealings are outside the UAE. However,there are also lot of companies operating in designated zones that are unaware of the compliance that they need to carry out and hence are not filing returns… 6th Aug’18,...
Nirav Shah, director at Fame Advisory, said all companies in the free zones will be able to avail VAT benefits for all goods that were not to be used within the UAE since all transactions within designated zones for goods movement is outside the scope of five per cent VAT…. 5th Jul’18, Khaleej Times. Read the complete...
Nirav Shah, director, Fame Advisory, attributes the presence of regional head offices of multinationals in both the emirates for strong household income. “All trading and service business… 8th Mar’18, Khaleej Times. Read the complete article
Now, VAT is a reality. Ideally, companies should have prepared in advance; but that was not the case with many of them. They are in a hurry to get the TRN in order to avoid huge penalties. The government is lenient; we have seen notifications from the FTA that if you haven’t registered, please register now. 13th...
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