Introduction to FTA Public Clarifications The Federal Tax Authority (FTA) in the United Arab Emirates serves as a pivotal institution responsible for the implementation and regulation of federal tax laws. Established in 2016, the FTA plays a crucial role in managing the country’s tax framework, which includes the Value Added Tax (VAT) system introduced in … Read more
Introduction to Federal Decree-Law No. 8 of 2017 Federal Decree-Law No. 8 of 2017 represents a pivotal legislation in the United Arab Emirates (UAE) as it formally introduced the Value Added Tax (VAT) system within the nation. This legal framework is instrumental in transforming the economic landscape of the UAE, marking a significant shift from … Read more
Introduction to Corporate Tax and VAT in Ras Al Khaimah Ras Al Khaimah, one of the seven emirates of the United Arab Emirates (UAE), has been actively positioning itself as a favorable environment for business investment and development. The emirate’s economic landscape is characterized by a diverse array of sectors, including manufacturing, tourism, real estate, … Read more