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What you should know about zero-rated goods and services in the UAE

What are the benefits of zero-rated supplies? The main benefit is that the business can claim input tax on related expenses of goods and services. Is VAT registration required for Zero Rated Supplies? If the value of the taxable goods and services is above the specified threshold, VAT registration in UAE is must for the business, failure to so will attract penalty. What is VAT exempted supplies? VAT Exempted supplies are not taxable supplies for VAT purpose it mean goods and services on which V...
Mamta Raj International Tax Flyingcolour Group Oil Gas Image Credit Federal Decree Law Number

A Plan B for future – second citizenship

Alternate citizenship is a necessary investment choice rather than a matter of luxury Mamta Raj is the managing director at the Flyingcolour Group Image Credit: Supplied It would not be an exaggeration to say that alternate citizenship has become a necessary investment choice rather than a luxury product. Alternate citizenship is looked as an insurance to turbulent situations. There are certain reasons why alternate citizenship has a wide appeal among internati...
United States United Kingdom Antigua And Barbuda Mamta Raj Flyingcolour Group Image Credit University Of The West Indies

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