About Dealers in Precious Metals and Stones Report (DPMSR) The Ministry of Economy issued Circular No. 08/AML/2021 dated 02 June 2021, which introduces a new requirement for dealers involved in the trade of Precious Metals and Stones. This circular mandates the registration of specific transactions, including cash transactions or transactions conducted through wire transfers (for […]
Category Archives: Taxation
Article (64) – Adjustments of Bad Debts under UAE VAT Law The VAT Law makes provisions for a bad debt write-off and discount of output tax paid on a supply for which consideration has not been received, either fully or in part after 6 months from the date of the supply. Certain conditions must be […]
Are you a UAE Exempt Supply Dealer and Confused About VAT Refunds? Our Comprehensive Article Guides You Through the Process Step-by-Step. Don’t Miss Out on Reclaiming Your Input Goods VAT!
Attention UAE Real Estate Experts! Stay Informed on the Mandatory Real Estate Activity Report. Our Comprehensive Article Covers Everything You Need to Know.
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