IRHA Accounting and Auditing

  September brings a fresh opportunity for entrepreneurs, investors, and business owners planning to establish a company in the UAE. The IFZA September Special Promotion introduces attractive savings for new IFZA company license applications, making this an ideal time to explore business setup options in Dubai. With a 1-year license including 1 visa quota available for AED 14,900 , entrepreneurs can begin their UAE business journey with a competitive setup package. In addition to the license offer, the September promotion includes several valuable benefits, including a free Flexi-Desk for one year, discounts on multi-year licenses, and selected activity and amendment fee waivers. For businesses looking for a flexible and cost-conscious way to establish a presence in the UAE, these September offers can help reduce some of the initial costs associated with company formation. What Is the IFZA September Promotion? The IFZA September Promotion is a limited-period offer availab...

  Importing goods into the UAE involves more than customs clearance and logistics. Businesses must also understand UAE VAT treatment on imported goods , particularly when goods move between the UAE mainland and Designated Zones . The VAT treatment can differ depending on whether the importer is VAT registered or non-registered , where the goods are being imported, and whether the goods are subsequently supplied or exported. For businesses operating in the UAE, understanding these rules helps maintain accurate VAT records, avoid unnecessary tax costs, and ensure proper compliance with the Federal Tax Authority (FTA) requirements. What Is Import VAT in the UAE? Import VAT is VAT that may become due when taxable goods enter the UAE. The way this VAT is accounted for depends on the VAT status of the importer and the destination of the goods. For a VAT-registered business, import VAT on taxable imports can generally be accounted for through the VAT return under the applicabl...