Implications and Treatment for Crypto Assets in the UAE
The UAE Ministry of Finance has confirmed plans to implement the OECD’s Crypto Asset Reporting Framework (CARF) which is subject to public consultation concluding November
As an Approved UAE FTA Tax Agency, our experienced team has helped 100’s of individuals and companies successfully register and deregister their UAE Tax Registration Numbers
As an ISO 9001, 27001 & 42001 certified & FTA Tax Agency, our service packages comply with UAE Tax Legislative and FTA requirements with a best practices and a free software platform.
Successfully Tax Registering or de-registering to the UAE FTA requires the thorough preparation of documentation and justification
Failure to provide an accurate and complete VAT Registration for your UAE TRN can lead to delays and avoidable administrative penalties.
Speak to one of our Tax Advisors to help you complete the UAE VAT Registration requirements and experience a stress free process.
*Initial Consultation is FREE
OUR DIFFERENCE
We check your situation and assess the eligibility to the UAE Legislation
Our consultants prepare a complete set of documentation for submission
If there are any clarifications, we take care of resolving these with the UAE FTA.
Our service delivery is controlled through our mobile app and portal. We ensure you have access to a team to collaborate and consistently execute your requirements.
The UAE Ministry of Finance has confirmed plans to implement the OECD’s Crypto Asset Reporting Framework (CARF) which is subject to public consultation concluding November
From 2027, the Crypto Asset Reporting Framework (CARF) will redefine how the UAE Tax Authority receives information on crypto asset transactions. The UAE Ministry of Finance has signed the Multilateral
A QFZP may be eligible to retain a 0% corporate tax rate, provided it meets the Qualifying Income rules, substance requirements, and other obligations, in
You must register if your taxable supplies will exceed AED375,00 in the previous 11 months and the next 30 days. Alternatively, you can register on a voluntary basis if taxable supplies or purchases will exceed AED187,500
The FTA will require complete and thorough documentation for your business and supplies as evidence to grant a UAE TRN. We normally conduct a detailed review to prepare a submission.
Failure to register on time incurs AED20,000. You may also incur late filing and interest penalties for late payment of taxed due. Failure to de-register on time incurs an AED10,000 fine
There are several scenarios that can be considered out of scope. This requires a considered review of your supplies made, transactions, and supporting documents. Our team would assess this and provide guidance as a client.
Yes. Free Zones are affected by the Executive Regulations. They are subject to special provisions for goods compared to mainland entities.
Whether you have an existing Accounting, VAT, Audit, Corporate Tax, Employee Management & Payroll and ERP & E-Commerce Integration function operating its own system & process, or a small or medium company needing complete outsourcing services, we have the flexibility to serve your business.
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