VAT Implications on Residential Buildings

Q: Will VAT be Charged on The Renting of Building? A: The rent of residential building will be exempt from VAT. Q: How VAT Will Effect on Multi-Purpose Building (Residential-Commercial Building)? A: Supply of residential... Read More

Questioner about Implications of VAT on Imports

What does import mean? Import is the arrival of goods or receipt of services from abroad into the state from (Implications of VAT on Imports) outside. Who is an importer? An importer is a person... Read More

VAT on Telecommunication and Electronic Services

Is it an article (23) of Decision No. (52) are under taxable supplies and how can we charge VAT (Telecommunication and Electronic Services) on these services ? The answer is YES! All the above-categorized services... Read More

UAE Tax Invoice Article (59)

What Is Tax Invoice? Tax Invoice (UAE Tax Invoice ) is a written or electronic document in which the occurrence of a Taxable Supply is recorded with details. Components of Tax Invoice: (1) The name,... Read More

Tax Credit Note Article (59)

What is Tax Credit Note? A Tax Credit Note (CN) is a written or electronic document in which the occurrence of any amendment to a Taxable Supply that reduces or cancels it is recorded and... Read More

Administrative Penalties for Violations of Tax Laws in the UAE

LIST OF PENALTIES UNDER UAE TAX LAWS A Comprehensive list of all Administrative Penalties for Violation of Tax Laws in the UAE is given . 1. VIOLATIONS RELATED TO TAX PROCEDURES S.NO SUBJECT WORD VIOLATION... Read More

VAT Registration Questions Answers

What is VAT? Value Added Tax (or VAT) is an indirect tax and a type of general consumption tax. In a country which has a VAT (VAT Registration Questions Answers), it is imposed on the... Read More

Value Added Tax (VAT) In the United Arab Emirates

Frequently asked questions (Construction Industries) and (Value Added Tax) Impact on Construction Industries   CONSTRUCTION CONTRACTS VAT ON EXISTING CONSTRUCTION CONTRACTS: Q: How will your current construction contract deal with the introduction of VAT? A:... Read More


What Is VAT? Value Added Tax (VAT) for Real Estate in UAE is a tax imposed at the rate of 5% on properties including sale and tenancy contracts that can be supplied including but not... Read More

Welcome To Haroon Malik Accounting Services Blog

An Ultimate Solution Of All Business “ Haroon Malik Accounting Services” represents a group of diligent and committed professionals. It is an associated firm of a very eminent organization of Chartered Accountants in Pakistan, UAE... Read More


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