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Showing posts from July, 2025

Exporting and Importing Goods Between India and UAE: A Complete 2025 Guide

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  Exporting and Importing Goods Between India and UAE: A Complete 2025 Guide Dubai, UAE ranks among the top 25 global exporters and maintains a strong trade partnership with India. India is one of the UAE’s largest trade partners, exporting high-quality goods across various sectors.  Unicorn Global Solutions  offers expert insights into this vital bilateral trade relationship. Top Products India Exports to Dubai, UAE Automobiles:  Brands like Tata, Mahindra, and Maruti contribute to a $14.5B export market. Petroleum Products:  India exports over $61.2B worth of refined fuel and naphtha. Jewelry:  Gold, silver, and diamond jewelry valued at $41.2B. Pharmaceuticals:  Generic drugs and vaccines total over $11.7B. Machinery:  Agricultural and industrial machinery worth $13.6B. Bio-Chemicals:  Exports valued at $12B, used in sustainable development. Cereals and Grains:  Including rice and wheat, exports worth $10.1B. Iron & Steel:  I...

Labour Accommodations and VAT in the UAE – A Business Guide

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  Labour Accommodations and VAT in the UAE – A Business Guide Understanding VAT on Labour Accommodations Businesses providing labor accommodations in the UAE must accurately distinguish between residential and serviced accommodations for VAT classification. The Federal Tax Authority (FTA) has issued guidance (VATP003) on this matter to ensure transparency and compliance. Unicorn Global Solutions offers expert consulting to help businesses navigate VAT implications effectively. Read more about VAT on Labor Accommodations in the UAE here . Applicable VAT Rates for Labor Accommodation 0% VAT:  For the first supply of residential buildings used as labor camps. Exempt:  For qualifying residential accommodations that meet FTA criteria. 5% VAT:  For serviced accommodations that offer additional commercial services. FTA Criteria to Qualify as Residential Accommodation Used as the primary residence by laborers. Built as a permanent structure that cannot be relocated without d...

Exporting and Importing Goods Between India and UAE: A Complete 2025 Guide

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  Exporting and Importing Goods Between India and UAE: A Complete 2025 Guide Dubai, UAE ranks among the top 25 global exporters and maintains a strong trade partnership with India. India is one of the UAE’s largest trade partners, exporting high-quality goods across various sectors.  Unicorn Global Solutions  offers expert insights into this vital bilateral trade relationship. Top Products India Exports to Dubai, UAE Automobiles:  Brands like Tata, Mahindra, and Maruti contribute to a $14.5B export market. Petroleum Products:  India exports over $61.2B worth of refined fuel and naphtha. Jewelry:  Gold, silver, and diamond jewelry valued at $41.2B. Pharmaceuticals:  Generic drugs and vaccines total over $11.7B. Machinery:  Agricultural and industrial machinery worth $13.6B. Bio-Chemicals:  Exports valued at $12B, used in sustainable development. Cereals and Grains:  Including rice and wheat, exports worth $10.1B. Iron & Steel:  I...

VAT Deregistration Services in UAE – Voluntary & Mandatory Cancellation Guide 2025

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  VAT Deregistration Services in UAE – Voluntary & Mandatory Cancellation Guide 2025 Introduction to VAT Deregistration in UAE VAT deregistration, also known as VAT cancellation or termination, is a formal process through which businesses in the UAE can cancel their VAT registration with the Federal Tax Authority (FTA). This process is essential for companies that no longer meet the mandatory or voluntary registration thresholds or have ceased operations. To learn more about the detailed steps and conditions, read our full guide on  VAT Deregistration Services in UAE . When to Apply for VAT Deregistration? Businesses may apply for VAT deregistration in the UAE under the following circumstances: The company is no longer supplying taxable goods or services. Annual revenue is below the AED 187,500 voluntary threshold. The company is undergoing liquidation or has ceased trading permanently. VAT registration has been held for at least 12 months. Voluntary vs. Mandatory VAT Dere...

Ways to Correct VAT Errors for VAT Returns in the UAE

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  Ways to Correct VAT Errors for VAT Returns in the UAE Introduction Every VAT-registered individual or business in the UAE must submit their VAT Return (Form 201) to the Federal Tax Authority (FTA) on time. However, mistakes can happen—whether in claiming input tax or calculating output VAT. The FTA allows corrections through  Form 211 – Voluntary Disclosure , ensuring transparency and compliance. Learn more in our dedicated article:  Correcting VAT Errors for VAT Returns in Dubai, UAE  . Understanding VAT Errors and the Correction Timeline Businesses can correct VAT errors within five years of the original tax period—except in cases of tax evasion or failure to register, where the FTA may go back 15 years. Timely correction avoids audits and financial penalties. Correcting VAT Errors: Based on Amount Errors ≤ AED 10,000:  Can usually be corrected in the next VAT return. If the taxable person is no longer registered, a  voluntary disclosure  is requir...

VAT on Cryptocurrency Mining in the UAE

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  VAT on Cryptocurrency Mining in the UAE What is Off-Page SEO? Off-Page SEO refers to all optimization activities performed outside your website to improve its search engine rankings. Unlike On-Page SEO, which focuses on content and structure within your site, Off-Page SEO centers on building domain authority and online reputation through backlinks, brand mentions, and engagement across external platforms. Why Off-Page SEO Matters Search engines like Google use off-page signals—especially backlinks from trusted websites—as a key indicator of a site's credibility and relevance. The more quality references your site earns from reputable domains, the higher your site ranks in search results. Top Off-Page SEO Techniques for 2025 High-Quality Backlinks:  Earn backlinks from authoritative websites in your niche through guest blogging, press releases, and collaborations. Content Sharing:  Share your content across platforms like LinkedIn, Medium, and SlideShare to increase visi...

2025 UAE Tax: VAT, Transfer Pricing & Compliance Updates

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  2025 UAE Tax: VAT, Transfer Pricing & Compliance Updates Off-Page SEO is a critical element in improving your website’s credibility, visibility, and search engine rankings. Unlike On-Page SEO, which focuses on optimizing internal content and structure, Off-Page SEO deals with external factors like backlinks, social signals, and brand presence across the web. Why Off-Page SEO is Essential in 2025 Stronger Domain Authority:  High-quality backlinks signal trust to search engines. Increased Organic Traffic:  External visibility draws more visitors. Improved SERP Rankings:  Google favors websites with relevant and credible external signals. Enhanced Brand Awareness:  Mentions and features across trusted platforms boost your reputation. Top Off-Page SEO Strategies for Business Websites Link Building:  Secure backlinks from industry-relevant blogs, forums, and directories. Content Distribution:  Share your content across Medium, LinkedIn, and relevant p...

VAT on Designated Zones in UAE – Complete 2025 Guide

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  VAT on Designated Zones in UAE – Complete 2025 Guide The  Federal Tax Authority (FTA)  implemented  Federal Decree-Law No. 8 of 2017  to introduce Value Added Tax (VAT) in the UAE. Effective from January 1, 2018, VAT has become an integral part of business operations across the country. What is VAT in the UAE? VAT is an  indirect tax  imposed on the supply of goods and services at every point in the supply chain. The end consumer ultimately bears the tax cost, while registered businesses collect and remit VAT on behalf of the government. Purpose of VAT Implementation The UAE introduced VAT to  diversify revenue streams  and support its high-quality public services such as healthcare, education, and transportation. This move also contributes to long-term economic stability. What is the VAT Rate in the UAE? The  standard VAT rate is 5% . However, some goods and services are categorized as  zero-rated  or  exempt  unde...
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  VAT in UAE: A Complete Guide for 2025 The United Arab Emirates is quickly evolving into a major global business hub, offering immense opportunities for entrepreneurs and investors. Alongside this growth, understanding tax regulations—especially Value Added Tax (VAT)—is crucial for compliance and strategic planning. What is VAT in UAE? VAT (Value Added Tax) is an indirect tax imposed on the consumption of goods and services. It was introduced in the UAE on  January 1, 2018  under  Federal Decree-Law No. 8 of 2017  by the Federal Tax Authority (FTA). The end consumer ultimately bears the VAT cost, while businesses collect and remit it to the government. Why Was VAT Implemented in the UAE? The UAE government offers exceptional public services such as education, healthcare, and infrastructure. VAT helps diversify government revenue without heavily relying on oil income, ensuring the sustainability of these services for future generations. VAT Registration Threshol...

Zero-Rated Supplies Under UAE VAT 2025 – Complete Business Compliance Guide

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  Zero-Rated Supplies Under UAE VAT 2025 – Complete Business Compliance Guide Understanding the UAE’s Value-Added Tax (VAT) system can be complex. One key concept is  zero-rated supplies , which play a crucial role in easing tax burdens for both businesses and consumers. In this guide, we explain what zero-rated supplies are, how they benefit UAE businesses, and how to stay compliant in 2025. ➡️  Explore the full Zero-Rated VAT Guide here What Are Zero-Rated Supplies? Zero-rated supplies are goods or services taxed at a  0% VAT rate . While businesses don't charge VAT on these items, they can still claim input VAT on related expenses, reducing tax liability. This system encourages activity in critical sectors while maintaining compliance with Federal Tax Authority (FTA) regulations. Legal Framework and FTA Guidelines The regulations on zero-rated supplies are defined under  Federal Decree-Law No. 8 of 2017 . The FTA mandates proper documentation and strict compl...