VAT Archives - Page 3 of 3 - Creative Tax & Accounting

08 Nov 21

Expert’s view: Everything You Need To Know About The Types of VAT in UAE

About the Author Mohamed Al Sayed is a Tax Agent with more than eight years of experience within the tax & accounting industry. Accredited by the United Arab Emirates Federal Tax Authority (FTA), Mohamed has successfully demonstrated his ability to resolve complex tax problematics for companies coming from various…

12 Sep 21

8 Reasons Why you need Bookkeeping and Accounting Services for your business

The bookkeeping function is a crucial aspect of your business’s financial management. Despite this, some business owners prefer to take care of their accounts on their own. They not only lose valuable time, but they also increase the possibility of compliance issues that might ultimately cost their business. The responsibilities…

02 Jun 21

Do you Have to Pay Taxes in the UAE?

The United Arab Emirates is one of the leading financial hubs and a preferred destination for many businesses, supported by highly developed infrastructure and world-class amenities. One of the country’s main attractions is undoubtedly the absence of corporate taxes. The Federal Tax Authority (FTA) is responsible for issuing and implementing…

03 Feb 21

Cutting Costs, Minimising Mistakes: Outsourcing Your Bookkeeping and VAT Process

Minimising costs, time and mistakes Trying to do everything alone is risky, especially if you are not aware of the country’s compliance requirements, and it’s also really time consuming, so it may take your attention from other key areas of business growth. Ideally, you probably want to hire a full…

05 Nov 19

First year of VAT in the UAE 5 tips to safeguard your business from penalties

The introduction of Value-Added Tax (VAT) in the UAE is part of the government’s strategy to diversify its revenue source, secure its national fund for the improvement of public services, and to reduce its dependence on oil. The Federal Tax Authority (FTA) released a statement confirming that the number of…

05 Nov 19

The ACCA Approved Employer Programme recognizes employers’ high standards of staff training and development

The ACCA Approved Employer Programme recognises employers’ high standards of staff training and development. You have proved your organisation is committed to ensuring ACCA students, affiliates and members have the right skills, ethics, and competencies to add value and drive the business forward. CZ Tax and Accounting FZ LLC has…

09 Jun 19

What is a Tax Agency and why is it vital for your business compliance?

Whether you are new to doing business in the UAE or not, you surely know that there are rules to follow and laws to understand in order to operate your business as smoothly as possible without unnecessary interruption. The Value Added Tax (VAT) is still relatively new in the country,…

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