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How to Cancel VAT Registration in UAE _ Shuraa Tax

Shuraatax03 Nov, 2025Finance

If you’re a business owner in the UAE, you might reach a stage where staying VAT-registered is no longer necessary. Maybe your company’s revenue has fallen below the mandatory threshold, or perhaps you’ve stopped making taxable supplies altogether. In such cases, understanding how to cancel VAT registration in UAE becomes crucial.

VAT on Construction Services in UAE: Compliance Tips for Contractors

Shuraatax23 Oct, 2025Finance

Since January 2018, the UAE has applied a 5% VAT (Value Added Tax) on most goods and services. For the construction industry, where projects are big, costly, and often run over months or even years, VAT on construction services in UAE plays a huge role. Construction services such as new builds, renovations, consultancy, subcontracted work, and even repair or maintenance usually fall under VAT, which makes it important for everyone in the sector to understand how it works.

UAE-Canada Tax Treaty Explained: Key Benefits for Residents

Shuraatax21 Oct, 2025Finance

For anyone living, working, or doing business between the UAE and Canada, understanding how taxes apply can be tricky. That’s where the UAE Canada Tax Treaty comes in. Signed in 2002 and effective from 2003, this treaty was designed to facilitate the lives of individuals and businesses operating across both countries.

UAE Corporate Tax Compliance: What Businesses Need to Know

Shuraatax14 Oct, 2025Finance

This means UAE corporate tax compliance has now become a must for all businesses. It’s not only about avoiding penalties; staying compliant also helps companies build trust, keep their reputation strong, and run operations smoothly. On the other hand, ignoring these rules can lead to fines, legal troubles, and unnecessary financial risks.

VAT Returns for Startups in UAE: A Complete Guide

Shuraatax09 Oct, 2025Finance

Simplifying VAT return filing doesn’t have to be a daunting task for new businesses. For startups seeking expert guidance, Shuraa Tax offers professional support to make VAT Returns for Startups in UAE seamless and stress-free. Get in touch today to ensure your VAT compliance is accurate and timely

VAT on Educational Services in the UAE - Shuraa Tax

Shuraatax26 Sep, 2025Finance

When it comes to VAT on educational services in the UAE, the rules are slightly different. The UAE government has given special treatment to this sector to make sure learning stays affordable. For example, many core education services provided by qualifying institutions, like tuition fees, exams, and curriculum-related books, are zero-rated. This means no VAT is charged to parents, but schools can still claim back the VAT they spend on their costs.

Basic Accounting Rules Explained: Debits, Credits, and More

Shuraatax24 Sep, 2025Finance

Understanding the basic accounting rules is necessary for keeping your books organised and compliant with legal and financial standards. These include the fundamental principles of financial accounting and the basic rules of bookkeeping, which govern how transactions are recorded, classified, and reported.

Guide to UAE Corporate Tax Deadline: Avoid Penalties in 2025

Shuraatax22 Sep, 2025Finance

This UAE corporate tax deadline is very important because missing it can lead to serious issues, including fines, extra charges, and even interest on unpaid taxes. In some cases, repeated delays may trigger audits or affect your reputation with the Federal Tax Authority (FTA). Even free zone businesses that enjoy the 0% corporate tax rate must still file their returns on time – filing is mandatory for everyone.

How to Choose the Right Accounting Services in the UAE

Shuraatax18 Sep, 2025Finance

This guide will walk you through the process of choosing the right accounting services in the UAE and explain why it is crucial for your long-term growth. As a trusted industry leader, Shuraa Tax has helped countless businesses maintain compliance, optimise performance, and stay ahead in a competitive market by offering customised solutions.

UAE Corporate Tax For Free Zone Person: Explained Simply

Shuraatax16 Sep, 2025Finance

The implementation of UAE Corporate Tax for Free Zone Persons marks a significant shift in the country’s tax landscape, especially for businesses that have long benefited from zero-tax incentives. Free Zone Persons are now required to carefully assess how these rules apply to their operations, income sources, and ongoing eligibility for tax exemptions.