TAX CONSULTANCY
The term VAT was first coined by UAE government, back in 2018 . VAT stands for Value Added Tax. Its tax ratio is 5%. it really very helpful and playing a vital role in fiscal management at federal extent. Leaving some major impressions on independents, employers and business through over all UAE. FTA UAE: FTA stands for Federal Tax Authority. The authority came into being under the federal law of 2016, decree # 13. The administration is responsible for taking, managing and pile up federal tax as well as all VAT fines. On the other hand, the authority is also accountable for generating tax revenues and answerable of registering the tax plans throughout UAE. FTA UAE is working with MoF to play a significant role towards the betterment of UAE economy. Their basic purpose is to generate revenue other than oil sources. They are making UAE stable and also guiding to individuals and businessmen regarding tax issues all around United Arab Emirates. TAX CONSULTANCY “TAX CONSULT