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The Federal Tax Authority (FTA) has conducted several initiatives to help businesses in the UAE adapt to the implemented VAT. With VAT being in effect in the UAE for more a year and a half now, many businesses were able to successfully incorporate a system. However, it is inevitable for some, especially new entities, to […]

After a year of implementation, many companies in the UAE have smoothly adjusted to the existence of tax along the running of businesses. However, many are still adjusting and adapting the new system in their businesses and the need for proper tax accounting in the UAE – commonly for new entities. VAT is not a […]