Tax Archives - Fichte & Co Legal

European Union removes UAE from tax haven blacklist

Fichte Legal — Wed, 24 Jan 2018 01:15:55 +0000

UAE was confident of swift removal from the tax haven list in 2018. The UAE, along with seven other countries, has been removed from the European Union’s list of Uncooperative Tax Havens as the country further enhanced its transparency in tax procedures. As a mark of strengthening ties with EU partners, the UAE signed 113 …

The post European Union removes UAE from tax haven blacklist appeared first on Fichte & Co Legal.

UPDATE: FTA Releases List of Designated Zones

Fichte Legal — Wed, 10 Jan 2018 09:56:15 +0000

The Federal Tax Authority has issued Cabinet Decision no. 59 of 2017 on Designated Zones (“Cabinet Decision”) for the purposes of Federal Law no. 8 of 2017 on Value Added Tax (“VAT Law”). Art. 50 of the VAT Law had initially made references to designated zones, and Art. 51 of the Executive Regulations to the …

The post UPDATE: FTA Releases List of Designated Zones appeared first on Fichte & Co Legal.

UPDATE: VAT Seminar – VAT in the UAE and the Implications for the Shipping Sector

Fichte Legal — Thu, 07 Dec 2017 05:22:06 +0000

We are pleased to have presented Jasmin Fichte as a main speaker of the VAT seminar titled “VAT in the UAE- Implications for the Shipping sector” on December 6th 2017. The seminar was introduced by Ahmed Al Falahi, UAESA vice chairman, and followed by speeches from Jasmin Fichte, of Fichte & Co, Gajendra Maheshwari and …

The post UPDATE: VAT Seminar – VAT in the UAE and the Implications for the Shipping Sector appeared first on Fichte & Co Legal.

UPDATE: The New VAT Executive Regulations

Alessandro Tricoli — Mon, 27 Nov 2017 05:02:46 +0000

The long-awaited Draft Cabinet Decision on the Executive Regulation of Federal Decree Law no. 8 of 2017 on VAT (the “Regulations”) have recently been issued by the Federal Tax Authority. The Regulations have provided guidance on some of the provisions mentioned in the Federal Decree Law no. 8 of 2017 on VAT (the “Law”) including …

The post UPDATE: The New VAT Executive Regulations appeared first on Fichte & Co Legal.