The UAE consequently has become a global financial and business centre, attracting investments and talents from all over the world.
On Jan 14th of 2025, Federal Tax Authority (FTA) have issued VAT public clarification (VATP039) on VAT implication on Crypto Currency Mining. As we all witnessing rise of popularity of crypto currency, FTA have given the clarification on the VAT treatment on Crypto currency mining.
With these tips in mind along with good business setup services and consultants in UAE, you can embark on your entrepreneurial journey confidently in Dubai with powerful foundations on which to succeed, so while managing your pay-out-up-front capital in the process.
On Apr 14th of 2025, Federal Tax Authority (FTA) have issued VAT public clarification (VATP041) on VAT implication on Swift Message replacing the previous VATP036. UAE Banks and exchange houses (“Financial Institutions” or “FI”)
Whether you are operating in Dubai, Ras-Al Khaimah, Abu Dhabi, or some places else in the Emirates
These updates also underscore the UAE’s commitment to fostering a robust, transparent, and future-ready tax environment that supports innovation while ensuring fiscal integrity.
The new Corporate Tax rules around Family Foundations strike a balance between regulatory oversight and wealth management flexibility.
In conclusion, with the evolution of the tax system in the UAE, more than ever, businesses need thorough corporate tax planning services to prosper.
Understanding the reverse charge mechanism and related documentation requirements is crucial for VAT-registered businesses importing services into the UAE.
The First Check Consultants offers the regulatory compliance services in Dubai, UAE which help businesses to navigate the complex legal requirements with confidence and accuracy. By staying ahead of evolving laws of UAE, the First Check Consultants can reduce risks and maintain smooth operations.