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Tourists can Reclaim VAT using Self-Service Kiosks

Tourists can Reclaim VAT using Self-Service Kiosks

Submitted by • May 7, 2020

nrdoshi.ae - According to the Travel and Tourism Competitiveness Index 2019, the UAE ranks 33rd when it comes to overall tourism. It is well known that multiple sectors of the UAE, such as the hospitality industry, airline industry, etc. highly depends upon ...

Business Setup in Dubai in 2020

Business Setup in Dubai in 2020

Submitted by • April 29, 2020

nrdoshi.ae - In this article, we will look at the Seven simple steps for Business Setup in Dubai in 2020. Dubai, an emirate of the United Arab Emirates, is a vibrant economy and offers a politically stable environment for businesses to sustain ...

ADDED’s “e-connection” project- The First Phase Launched

ADDED’s “e-connection” project- The First Phase Launched

Submitted by • April 27, 2020

nrdoshi.ae - Industrial Development Bureau (IDB) of the Abu Dhabi Department of Economic Development (ADDED) announced the implementation of the “e-connection” project’s first phase.Under the ADDED’s “e-connection” project’s first phase, the issuance of Industrial licenses in Abu Dhabi will become effortless. The ...

11 things to know about VAT in UAE

11 things to know about VAT in UAE

Submitted by • April 27, 2020

nrdoshi.ae - Value Added Tax (VAT) came into force in the UAE on 1st January 2018. As per UAE VAT Law, the current rate of VAT in UAE is 5%, and it applies to most supplied goods and services. VAT is an indirect ...

TRN Verification in UAE: Steps to check TRN Validity

TRN Verification in UAE: Steps to check TRN Validity

Submitted by • April 22, 2020

nrdoshi.ae - Businesses registered for Value Added Tax and having a valid Tax Registration Number must mention their TRN on all the invoices that they issue. The TRN is a 15-digit number that differentiates one registered business from the other. Further, the ...

Sharjah’s stimulus package to mitigate COVID-19 economic impact

Sharjah’s stimulus package to mitigate COVID-19 economic impact

Submitted by • April 22, 2020

nrdoshi.ae - His Highness Sheikh Sultan bin Mohammed bin Sultan al-Qasimi, Crown Prince, Deputy Governor of Sharjah and Chairman of the Executive Council of Sharjah, confirmed that the government of the UAE in general, and the government of Sharjah in particular, have ...

VAT Services in UAE | VAT Services in Dubai

VAT Services in UAE | VAT Services in Dubai

Submitted by • April 22, 2020

nrdoshi.ae - VAT compliance in UAE pauses challenges before many businesses as they have limited resources to carry out their day-to-day work and comply with regulatory requirements. Further, they lack the knowledge of VAT Laws to fulfill the statutory requirements. Our VAT ...

Statutory audit and its significance in today’s world

Statutory audit and its significance in today’s world

Submitted by • April 16, 2020

nrdoshi.ae - Statutory audit is at the receiving end of lots of doubts as to its effectiveness with a growing number of corporate governance-related issues and financial irregularities. The law prescribes a statutory audit, and accordingly, the statutory auditor makes his report ...

Due Diligence Service

Due Diligence Service

Submitted by • April 15, 2020

nrdoshi.ae - Due Diligence is one of the common terms used in financial parlance. Its requirement is increasing as there is growth in industries; businesses are entering into uncharted territories, and fraudulent acts are taking place. Businesses highly benefit from Due Diligence ...

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