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Freezones, ARE eligible for VAT

By addone, January 20, 2018 | Business Consulting Information Legal

Many companies believe that they do not have to register for VAT as they are in the FreeZone. While some confusing rules exist which have led to this common misunderstanding in most situations, yes, Free Zone companies should also register! Officially a...

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Online shopping, how does VAT work?

By addone, January 20, 2018 | Uncategorized

Its the same as for any other goods. If they are sold in the UAE, internet companies now need to add 5%. But many online companies are based elsewhere around the world so this adds complication and they may not...

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VAT has now gone live

By addone, January 19, 2018 | Uncategorized

VAT IS LIVE The 1 January 2018 marked the beginning of tax in the UAE and Saudi. Companies are now frantically working to make sure they can meet the new VAT regulations and prepare for the first submission date. Have...

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How to prepare a VAT invoice in the UAE

By addone, January 09, 2018 | Business Information VAT

The introduction of VAT has presented a number of new challenges for businesses in the UAE, with almost every area of an organisation being affected in some way. Arguably the most significant implication of VAT however surrounds the process of...

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VAT goes live 1 January 2018

By addone, January 08, 2018 | Uncategorized

VAT is now officially live in the UAE and Saudi. Despite much debate, the government stuck to its timeline, and VAT went live on the required date of 1 January 2018 Businesses are now rapidly preparing and ensuring they are...

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Wishing you a prosperous 2018! From Mohammed Siddiqui our CEO.

By addone, December 28, 2017 | Consulting

In 2018, the team at Advisors M.E. will be looking forward to supporting your financial decision making. Advising on matters such as capital raising, bank financing, business valuations, monitoring financial performance and VAT. May 2018 be a prosperous year for...

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Areas of Growth for 2018

By addone, December 10, 2017 | Business

Which UAE business sectors will provide strong investment opportunities in 2018? Advisors M.E. speaks to one of our partners, The PRO Partner Group, and finds out their business predictions for the UAE in 2018 https://www.propartnergroup.com/2017/12/uae-business-predictions-dubai-abu-dhabi/ The PRO Partner Group has...

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Penalties for not registering for VAT

By addone, November 29, 2017 | Information

The penalties for NOT registering for VAT are looking surprisingly high. The guidelines are being updated regularly however this is what we can conclude from the latest announcements: In the most recent guidelines from the government the following has been...

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CRITICAL VAT CHECKLIST

By addone, November 29, 2017 | Uncategorized

It is critical you understand how VAT will impact your company: Understand if your business needs to register for VAT. All businesses should submit their registration application by December 4, 2017 Act quickly o Much of the legislation is being...

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What is The Federal Tax Authority (FTA) in the UAE?

By addone, November 29, 2017 | Uncategorized

The Federal Tax Authority (FTA) is the government entity responsible for the collection and management of federal taxes and was established in 2016. The Ministry of Finance (MoF) manages and develops fiscal policies. Recently they have issued the important following...

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