Flyingcolour Blog
Get The Latest News & Updates On Company Formation In The UAE, Learn How To Start A Business In Dubai And More Business Expert Tips And Insights
VAT On Transfer of a Business in UAE: TOGC
As per Article 7(2) of the Federal Decree-Law No. (8) of 2017 on Value Added Tax, the transfer of whole or an independent part of a business from a person […]
UAE Assures No VAT Increase Post Saudi’s Increment Announcement
After the surprising move of Kingdom of Saudi Arabia (KSA) of increasing the VAT by three fold i.e from 5% to 15%, the citizens of the UAE were anxious about […]
Can We Claim VAT Paid on Expenses Prior to VAT Registration?
Before answering let’s see what the registration limit for VAT is. There are two types of Registrations under VAT Law: Mandatory Registration: For those businesses whose value of supplies exceeds […]
Reasons to Start Business in Tough Economy
A weak market can be a great time to get your business off the ground, but frugality cannot be urged enough. You’ll need to be twice as smart to make […]
Factors for Russian Trade Expansion in UAE
With its fast-growing, open and diverse economy, the United Arab Emirates is an extremely attractive market for Traders. Russia is among the top sources for tourism in the emirates of […]