ESR Notification! The UAE introduced Economic Substance Regulations effective as of 1 January 2019. Businesses are now close the filing the requirements, in this article, find the guidelines on how, where, and when to file and what is required to file. The ESR compliance is composed of 2 steps: 1. The ESR Notification filing. 2. […]
Domestic Excise Tax Law was introduced by the United Arab Emirates in 2017. The import and production of certain goods are liable to tax. As per this, the business people have to pay tax if the excise products are transported from certain zones. Owing to this, companies should have proper knowledge of excise tax in […]
Notification & Reporting Timeline & Guidance In continuation of Economic Substance Reporting in UAE regulatory updates, in this edition, the key highlights are announcements of various regulatory authorities in UAE on Economic Substance notification and filing. BensCA will keep you updated from time to time as and when the updates will be released from relevant authorities. This alert document […]
Humanity is passing through a unique phenomenon since 1920, when the Spanish Flu outbreak hit the planet. Its a test of time for everyone, especially entrepreneurs and small businesses. The impact of coronavirus is vast across all sectors and scales. However, the focus of discussion in this article will be towards small & medium size […]
Businesses maintain their financial accounts to keep aligned with their organizational goals with an accuracy of records. For this purpose, they usually get started with the initial steps of bookkeeping and take the process to financial statements and audit reports. During this process, the probability of errors and loopholes for frauds is extremely high. So, […]
[post_title] November 14, 2025 Bens@Website 10:01 am [featured_image size=”full”] A cursory glance at the present scenario of the UAE reveals that the VAT regime has started to settle in the UAE as the individuals and businesses alike have understood the fundamentals of the newly introduced tax system. However, it is imperative to have a clear […]
Value Added Tax (VAT) has become obligatory for almost all businesses in the UAE. So, the companies can register for VAT free of cost as per the guidelines of the Federal Tax Authority (FTA). The applications are accepted 24/7 through the official website of the FTA. Here arises a question of what are the requirements […]
We all know VAT is started. The transition to a VAT likely requires significant resources and it is recommended that businesses start planning now for the VAT, as the expected changes required to comply with the tax will require a significant lead time to design and implement. For businesses, unfamiliar with VAT implementation can require a […]
UAE government has introduced regulations in the year 2015, which are essential for the smooth conduction of businesses. If you are a business owner in the UAE, you need to operate in compliance with the laws which were put in place to govern your business. These laws help ensure the protection of labor rights, consumer […]
Register Online today or Seek Support from Bens CA This is important to register your business as early as possible; usually, FTA takes 20 working days to complete registration! We understand you have many questions to ask, please feel free to throw your questions to be answered by our tax experts soon Executive Regulations will be […]
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