ITC Accounting and Tax Consultancy

Annual Tax Updates 2023 GCC Region

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Annual Tax Updates 2023 in GCC Region In 2023, significant tax updates and changes unfolded in the tax landscape across the GCC countries. The GCC region is known for its dynamic economic environment, with each country having its tax regulations and policies. Recognizing the importance of staying informed, here are the major tax updates announced […]

Q3 2023 – GCC Tax News & Updates

Skyscrapers highrise business buildings in Dubai UAE

Q3 2023 – GCC Tax News & Updates As part of our commitment to keeping you informed about the latest developments in the financial landscape, we are delighted to present our newsletter featuring tax highlights for GCC (Gulf Cooperation Council) countries. The GCC region is known for its dynamic economic environment, with each country having […]

Supplies Subject to the Zero Rate in Export of Goods

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Supplies Subject to the Zero Rate in Exports of Goods Executive Regulation of Federal Decree-Law No. 8 of 2017 Supplies Subject to the Zero Rate  Article 30 – Zero-rating the export of goods   1. The Direct Export shall be subject to the zero rate if the following conditions are met: The Goods are physically […]

Navigating Compliance: Understanding Customs Declaration Audits in the UAE

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Navigating Compliance: Understanding Customs Declaration Audits in the UAE Customs declaration audits are a crucial component of international trade, ensuring accurate reporting and adherence to regulations. In the United Arab Emirates (UAE), these audits play a pivotal role in maintaining the integrity of trade transactions while promoting transparency and compliance. This article provides insights into […]

Q2 2023 – GCC Tax News & Updates

Skyscrapers highrise business buildings in Dubai UAE

Q2 2023 – GCC Tax News & Updates As part of our commitment to keeping you informed about the latest developments in the financial landscape, we are delighted to present our newsletter featuring tax highlights for GCC (Gulf Cooperation Council) countries. The GCC region is known for its dynamic economic environment, with each country having […]

Q1 2023 – GCC Tax News & Updates

Dubai

Q1 2023 – GCC Tax News & Updates To ensure your business’s success, we recognize the importance of tax compliance and savings. That’s why we want to keep you informed about the most recent tax updates in the GCC region through our 2023 Quarterly Tax Newsletter. This newsletter offers a comprehensive overview of the latest […]

Exit Certificates – Importance in UAE Ports

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Exit Certificates – Importance in UAE Ports What is an Exit Certificate? An Exit Certificate for Goods is an official document issued by UAE ports to confirm that all goods being exported have met all the necessary requirements and standards for departure. It is also known as a Customs Exit Certificate or a Shipment Release […]

Dubai Customs Voluntary Disclosure Program “Self-Audit Finding Service”

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Dubai Customs Voluntary Disclosure Program “Self-Audit Finding Service” In order to improve Dubai-based businesses customs compliance levels and reinforce trust, transparency and engagement. Dubai customs on August 11th, 2022, has launched a new voluntary disclosure program (“Self-Audit Finding Service”), that is aiming to encourage importers and exporters to voluntarily disclose errors and report irregularities that […]

EID MUBARAK

On the occasion of Eid, we will be out of the office but just a call away from you. Please find the contact details below to get in touch with us:

Mr Mudasir Sofi

For any new enquiries, you can contact our Business Development Manager - Mr Mudasir Sofi (+971 52 320 5619)

Mr Mohammed Rooman

If you're an existing client then please contact our Key Account Manager - Mr Mohammed Rooman (+971 52 296 1530)