In the presence of H.E. Jaber Mohammed Ghanem Al Suwaidi, General Director of the Crown Prince Court of Abu Dhabi, and with strong participation from entities concerned with the implementation of the tax system, the Federal Tax Authority (FTA) Director General His Excellency Khalid Ali Al Bustani delivered a comprehensive presentation on “The Implementation of Indirect
Read MoreH.E. Khalid Al Bustani: The ‘Public Clarifications’ service seeks to promote tax culture among businesses and consumers. The Federal Tax Authority (FTA) has issued a public clarification regarding tax treatment of compensation-type payments, noting that Value Added Tax (VAT) is imposed on supplies of goods and services and if any payment does not relate to a supply
Read MoreDubai Creative Clusters Authority (the “Authority”) is pleased to advise that the 2018 Licensing Classifications Decision for the Creative Clusters Zone (the “LCD”) has now been issued. The LCDreplaces the 2014 version. While the changes to the LCD (from the 2014 version) are largely procedural there are two new compliance obligations that business partners need to be
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