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 […]
We, at Bens CA, ensure our valued clients/business partners remain on top of changing business dynamics in UAE especially on VAT. In this edition, we would like to share the latest information our VAT experts in UAE are getting from MOF/FTA and other professional platforms. To make it easy and relevant, the updates are in FAQ format. […]
All the registered businesses in the UAE are subject to FTA tax laws and VAT regulations. New companies who are struggling with new VAT regulations must get a consultation because in case of non-compliance, businesses will have to face hefty penalties as imposed by the FTA. In case of non-compliance of VAT and Tax regulations […]
Successfully running a business means more than having a terrific idea and a strong customer base. It also means having a full understanding of your companys financial health and what your business needs to do to achieve its goals financially. At many larger businesses, a chief financial officer (CFO) is the executive in charge of […]
Well before you get your VAT registration in UAE, I would recommend you should choose the right VAT Consultant by initiating a thorough screening process. There is a lot of mushrooming growth of VAT Consultants in UAE which makes it even tougher to choose the right partner; however, you need to be fast. Consider the following key elements: […]
VAT Return Filing in UAE: Value Added Tax, called VAT, is implemented in UAE from Jan 1st, 2018. In the first phase Vat in implemented in UAE and KSA; however, the other GCC countries will implement Vat in 2019 as per reports as of today. Bahrain already approved the Vat law while Oman is expected […]
VAT is a form of a consumption tax that is applied at each stage to all the goods and services as mandated under the VAT Law or Federal Decree-Law No. 8 of 2017. Since its implementation in January 2018, all the businesses in the UAE are responsible for registering for VAT or face hefty penalties according to FTA regulations. […]
It is observed in our meetings with a lot of business owners especially when they are at a growth phase or when they want to submit their finances to some authority or bank, that they are in panic mode and rushing to streamline business financially. Its never late, however worth to note that in that […]
Bens School continuously educating its valued clients and business partners. VAT and VAT Service in Dubai is a relatively old subject in UAE now however the basic knowledge and capability are lacking in the market. BensCA VAT refreshers will help business owners to understand VAT basics and how to become compliant. In this part, we […]
Office No. 708, Oxford Tower, Business Bay, Dubai, UAE
