This can help you invest like a professional

 

 

Learning to invest is like learning a new language. It’s easy to get lost or feel overwhelmed – that’s why you need a professional on your side. AHG CHARTERED ACCOUNTANTS is ready to support you right through your wealth journey.

Here are the top reasons why it’s the best fit for you.

  Regularly reviewing your financial situation is a good idea even if your life doesn’t seem hectic or eventful — in fact, that could be the best time to sit down and do a thorough 360-degree review. AHG will have an in-depth conversation to understand your current financial position, goals and needs and determine the suitable investment  for you. A talented team of accountants with their combined efforts and capabilities – including insurance and treasury specialists – keep a close eye on client financial transaction throughout the year.

Market research on the go

    You can stay updated on key global market developments, Find out what's trending through the bank’s comprehensive market research reports and in-depth monthly articles on hot topics.

Daily market reports

   You will have to follow daily market reports so that you remain updated on highlights and forecasts for key currencies. Also, you will have to be aware of any volatility and growing trends – along with the short-term and long-term performance of various markets and regions, so you can make canny investments. Knowledge is power as they say.

Grow your business up

   Over time, it’s inevitable that both your personal circumstances and market conditions will change, therefore any business new or old, big or small, needs efficient accounting services to sustain and grow. Having your accounts in top shape all the year round is remarkable achievement that can help your business function smoothly and provide grounds for sound and promising business decisions. Moreover, regular following up  reports will be advisable to have a peace of mind. AHG advises to have a team selection based on financial advisory, investment knowledge and dedication and you will be on the right track in terms of your objectives.

 We as a professional accountants company

   You would  not only have availed the services of highly qualified, experienced professionals

 not commonly available at an affordable price for small businesses, you would also have

 more time and saved resources to run your business successfully.

Given the opportunity to work for your promising company, we will prove with our dedication

 and high performance that you have actually bought peace of mind for yourself in the guise of

 our professional accounting services.

For more information regarding your Business Set-up/Tax/Audit/Accounting or other services please visit our

 website www.a-h-g.net or drop us an email on info@a-h-g.net

We are one of the leading Audit company present in 4 countries. Approved TAX Agent by the Federal Tax

 Authority and one of the very few Tax Agents who operates with Excise Tax and have a deep understanding for

 its needs which helps our clients comply with law requirements and Latest FTA Announcements.

How to start a business in UAE without money ?

                                                                                                                                                                                                                                                        

      Dubai: Let’s say you want to be in business for yourself but you have little or no cash to put up as capital. Then you are well aware that the funding options for start-up businesses are severely restricted.

You also may even have heard that only about 3 per cent of people looking for substantial outside funds to launch a new venture ever raise the capital they require. So what do you do?

Most are programmed to begin the process of looking for new business opportunities by asking themselves: “Where is there a gap in the market and how can I fill that gap?” A gap could be an unfilled customer need or a new invention yet to be brought to market.

Next, we consider the resources necessary to make the goal a reality by going out in search of those resources. We write a business plan and present it to potential financiers with the promise of a return on investment. 

      Then comes the matter of start-up investment:

   If the financiers like the business proposition or investment idea, they provide with the start-up capital to launch the business. However, this is a situation where in many get stuck – when one cannot come up with the required money.

 Most times, business experts believe that people find it difficult to raise the resources they require, causing the entire project to fail from launching. There is an alternative route to creating a new venture.

Matter experts add that instead of starting with the question, “Where is there a gap in the market and how can I fill it?” ask yourself, “What do I have and who do I know?”

 If you’re thinking about how to start a business with no money, you have resources at hand that you have yet to tap into. Your skills, knowledge, passion, and experience are the tools that could build your business.

So before money, locate where your interests and passions lie. These will be the foundation of the work you end up doing. Although money is essential, what you cannot do without is awareness and command of your inner resources. So start a list and compile what are all the resources in and around you that you can use for your business?

Although there are many benefits to starting your entrepreneurial journey by asking “what do I have and who do I know?” there are also downsides to this approach which may require further action to overcome the negative consequences.

   That's why you need to contact AHG CHARTERED ACCOUNTANTS to assist you  and to take care of all your accounting needs . You can ensure a step in the right direction.

For more information regarding your Business Set-up/Tax/Audit/Accounting or other services please visit our website www.a-h-g.net or drop us an email on info@a-h-g.net

We are one of the leading Audit company present in 4 countries. Approved TAX Agent by the Federal Tax Authority and one of the very few Tax Agents who operates with Excise Tax and have a deep understanding for its needs which helps our clients comply with law requirements and Latest FTA Announcements.

Coronavirus: Trump vows 'major' steps to aid US economy President to discuss payroll tax cut with congressional Republicans on Tuesday

US President Donald Trump, left, listens as Vice President Mike Pence speaks during a news conference in Washington, D.C., U.S.

Washington: President Donald Trump on Monday said he will be taking “major” steps to gird the economy against the impact of the spreading coronavirus outbreak and will discuss a payroll tax cut with congressional Republicans on Tuesday.

“We’ll be discussing a possible payroll tax cut or relief, substantial relief, very substantial relief, that’s a big number,” Trump told reporters.

He did not provide details but said a news conference will be held on Tuesday.

Vice President Mike Pence said the administration was consulting Congress on providing paid sick leave to workers, an idea that Democrats already have been trying to advance.
The stepped-up response to the coronavirus came as the number of confirmed cases in the United States hit 605, according to Johns Hopkins University. Three additional deaths in Washington state, according to local officials, brought the total nationwide to 25.

Earlier Monday, Johns Hopkins said that worldwide, there are 113,584 cases, with 3,996 deaths, the majority in China.

The Trump administration moves came as stock markets plunged and top health officials urged some people to avoid cruise ships, air travel and big public gatherings.

The administration was planning to huddle in coming days with executives of the banking, hospital and health insurance industries.

While an across-the-board payroll tax cut has been under discussion, top White House economic adviser Larry Kudlow and others have advocated specific tax credits, loans or direct subsidies to certain industries or hard-hit areas.

A payroll tax cut could encourage consumer spending and help households that might otherwise struggle to make rent and mortgage payments on time or pay medical bills if family members’ work hours are reduced during the coronavirus outbreak.

In Florida, state health officials said everyone returning from China, Iran, South Korea and Italy must isolate for 14 days while travelers from other countries affected by the outbreak should monitor their health.

Thirty-four US states and the District of Columbia have reported to the US Centers for Disease Control and Prevention (CDC) infections of the respiratory illness COVID-19 that can lead to pneumonia. Louisiana had its first presumed coronavirus case, Governor John Bel Edwards announced on Monday.

As worries over the virus deepened, a wave of selling took over Wall Street. The Dow fell a record 2,000 points when trading opened and the S&P 500 posted its largest single-day percentage drop since December 2008, the depths of the financial crisis. A nearly 25 per cent plunge in oil prices contributed to fears of a looming recession.

Trump, who often points to the stock market as a gauge of his economic record, criticized news media organizations’ coverage of the coronavirus outbreak in a tweet and accused Democrats of hyping the situation “far beyond what the facts would warrant.” The CDC advised colleges and universities to consider asking students studying abroad to return home and cancel or postpone upcoming travel.
Several US universities were either moving to virtual instruction or considering the step and limiting gatherings on their campuses.

Anthony Fauci, head of infectious diseases at the National Institutes of Health, and other health officials say older Americans, especially those with chronic medical concerns, should avoid big social gatherings, cruise ships and airline flights.

As leaders in the US Congress reviewed potential plans for operating amid coronavirus, four Republican lawmakers — Senator Ted Cruz and Representatives Paul Gosar, Doug Collins and Matt Gaetz — announced that they would self-quarantine after coming in contact at a conservative political conference with an attendee who later tested positive for the virus.

Gaetz traveled with Trump aboard Air Force One on Monday.

Republican Representative Mark Meadows, Trump’s incoming chief of staff, will self-quarantine until Wednesday, a spokesman said.

Trump and Vice President Mike Pence, who is heading the administration’s overall response to the crisis, also attended the conference. The White House said there was no indication either came into contact with the infected attendee.

The White House late Monday said that Trump had not received the coronavirus test. Earlier, Pence told reporters that he has not been tested for the virus.

Cruise ship

The coronavirus outbreak, which originated in China late last year, has spread to at least 105 countries and territories.

Italy, which has the second-highest death toll, said it was extending to the rest of the country restrictions on movement imposed on much of its wealthy industrial north in an effort to contain the spread of the virus.

The hardest-hit place in the United States has been a nursing home in the Seattle suburb of Kirkland, and Washington state is considering mandatory measures such as banning large gatherings but not necessarily imposing massive quarantines.

The Life Care Center facility has accounted for most of the 18 confirmed coronavirus-related deaths in Washington state. The three new deaths reported on Monday were all former residents of the facility.

In California, officials planned to offload 2,400 passengers on Monday and Tuesday from the Grand Princess cruise ship, which was barred from returning to San Francisco last week due to a coronavirus outbreak on board.

Most of the passengers will go into quarantine at military bases in the United States, with those requiring immediate medical attention heading to hospitals. The crew of 1,100 will be quarantined and treated aboard the ship, unless they are in need of acute care off the vessel.

California has more than 100 confirmed cases, while on the East Coast, cases in New York state rose to 142, up from 105 a day earlier, Governor Andrew Cuomo said on Monday.

Among them was Rick Cotton, executive director of the Port Authority of New York and New Jersey, which controls the region’s airports and other major travel hubs. Cotton will be quarantined and work from home, Cuomo said.

New York City Mayor Bill de Blasio asked employers in the nation’s most populous city to consider staggering workers’ start times to ease crowding on public transport and to allow more telecommuting where possible. De Blasio said there were 20 confirmed cases in the city as of Monday afternoon.

For more information regarding your Business Set-up/Tax/Audit/Accounting or other services please visit our website www.a-h-g.net or drop us an email on info@a-h-g.net

We are one of the leading Audit company present in 4 countries. Approved TAX Agent by the Federal Tax Authority and one of the very few Tax Agents who operates with Excise Tax and have a deep understanding for its needs which helps our clients comply with law requirements and Latest FTA Announcements.

UAE rules out any VAT increase Assessment of VAT impact requires data of three to five years, says minister

The UAE will not immediately follow through on IMF recommendations related to VAT increases, a senior UAE minister said.

Abu Dhabi: The UAE ruled out any increase the value added tax (VAT to be accordance with recent IMF recommendations.

“We are not concerned about the recommendations to increase the value-added tax,” the UAE’s Minister of State for Financial Affairs, Obaid Al Tayer

The International Monetary Fund had recommended a doubling of the VAT.

According to economists, before adopting any new IMF recommendation to increase the value-added tax, it is necessary to evaluate the pros and cons of the past two years since VAT was implemented and develop solutions that can make the scheme more effective to economy and society alike.

Al Tayer was questioned at the Federal National Council on the effect of VAT on the economy, more than two years after the levy was introduced. The first deputy speaker, Hamad Al Rahoumi, sought answers on whether the 5 per cent tax on goods and services has had a positive or negative impact.

Al Rahoumi asked whether a study had been conducted to measure VAT's impact. “Its impact - whether positive or negative - should have been measured by now,” he added.

The UAE introduced VAT on January 1, 2018, to pay for public services and continue the shift away from a dependence on oil as a source of revenue.

Beating forecasts

VAT revenues have reached Dh27 billion, far higher than was forecast in the first year of implementation. Initial projection was for Dh12billion, according to government data published last year.

Al Tayer said only 2018 data on VAT was available, which is insufficient to make a credible assessment of the tax impact. “The UAE introduced VAT on January 1, 2018, [a period] which is insufficient to make in-depth analysis of the VAT impact with reasonable credibility, considering that the 2019 data has not been issued as yet,” Al Tayer told the House.

Al Tayer said 2018 indices were for a very short period, which cannot gauge the VAT impact. “We need at least three to five years to study the impact of VAT on gross domestic product (GDP).

The minister also noted that geopolitical conditions, a drop in oil prices, coronavirus and sanctions imposed on certain countries have to be taken into account when assessing the VAT impact.

Gains to GDP

Al Tayer expected that 2020 will see an increase of nearly Dh37 billion in GDP to Dh1.50 trillion.

Al Tayer said GDP last year was Dh1.46 trillion and inflation at 1.5 per cent, while GDP in 2018 was Dh1.72 trillion and inflation was 3.69 per cent.

“In 2017, GDP was Dh1.41 trillion and inflation 1.97, while 2016 GDP was Dh1.41 trillion and inflation 1.61 per cent,” Al Tayer said.

For more information regarding your Business Set-up/Tax/Audit/Accounting or other services please visit our website www.a-h-g.net or drop us an email on info@a-h-g.net

We are one of the leading Audit company present in 4 countries. Approved TAX Agent by the Federal Tax Authority and one of the very few Tax Agents who operates with Excise Tax and have a deep understanding for its needs which helps our clients comply with law requirements and Latest FTA Announcements.

Dubai Economy issues 4,692 instant licenses to date Initiative reflects the sustainable economic development and competitiveness of Dubai

Visitor's at Dubai Economy. The Business Registration and Licensing (BRL) sector in Dubai Economy reported that 4,692 Instant Licenses were issued since the launch of the service in July 2017 to date.

Dubai: The Business Registration and Licensing (BRL) sector in Dubai Economy reported on Saturday that 4,692 Instant Licenses were issued since the launch of the service in July 2017 to date.

Among the Instant Licenses issued, 3,448 (73.5%) were commercial and 1,244 (26.5%)in the professional category.

The Instant License service provides a convenient model for businessmen who can now obtain a commercial license within five minutes, enabling them to establish and conduct business in Dubai easily. The initiative is a path-breaking service whereby businesses can secure their commercial license in one-step for the first year without having a company’s lease or location.

All business activities can benefit from the service, except public and private shareholding companies, through eServices (ded.ae/instant), the various outsourced service centers in Dubai, or the Happiness and Smart Lounges. Holders of general trade licenses can only use electronic services. All business partners or one of them must be present while applying through the outsourced service centres or the Happiness Lounge and must provide a valid passport copy of all parties (partner and manager), residence visa copy and no-objection letter from the sponsor to the foreign parties.

The Instant License offers the option of an electronic Memorandum of Association (eMOA), in addition to obtaining the license and entry in the Dubai Economy commercial registry.

The licensee is also given membership in the Dubai Chamber instantly, an establishment card of the General Directorate of Residency & Foreigners Affairs as well as three work permits for employees from the Ministry of Human Resources & Emiratisation once the trade license is issued.

Registration of ‘Native’ workers

The registration of ‘Native’ workers in the Ministry of Human Resources & Emiratisation is done while issuing the Instant License. If the partners wish to appoint the employees before the issuance of the Instant License, they need to follow a few simple steps or else skip the screen and complete the procedures.

The number of Instant License owners has reached 16,935 and 87.6% (14,842) of them are men while women account for 12.4% (2,093). The businessmen who secured the Instant Licenses so far include those from Britain, Turkey, Saudi Arabia, India, China, Pakistan, Egypt, Jordan, and Sudan.

An Instant License can be obtained for four legal forms of businesses - Limited Liability Company (LLC), Single Member LLC, Sole Proprietorship and Civil Company.
For more information regarding your Business Set-up/Tax/Audit/Accounting or other services please visit our website www.a-h-g.net or drop us an email on info@a-h-g.net

We are one of the leading Audit company present in 4 countries. Approved TAX Agent by the Federal Tax Authority and one of the very few Tax Agents who operates with Excise Tax and have a deep understanding for its needs which helps our clients comply with law requirements and Latest FTA Announcements.

VAT refund made easier: Tourists can now claim Value Added Tax at shopping malls and hotels in UAE Tourists are now able to take VAT refund at kiosks within 24 hour of their departure

SOme 55 Self Service Tax refund kiosks are being installed in hotels and shopping malls across the UAE

Dubai: Tax refund on shopping has been made easier for tourists to the UAE.

Tourists can now reclaim their taxes on shopping from the Self-Service Kiosks which will be set up at major shopping malls and hotels across the country.

“The Value Added Tax (VAT) Recovery Self-Service Kiosks for Tourists scheme has been expanded to be available at major shopping malls and hotels, in addition to the existing ones at air, land, and maritime entry and exit ports across the UAE,” announced the Federal Tax Authority, (FTA).

The FTA last year had introduced the self-service kiosks across all ports to allow tourists to recover Value Added Tax (VAT) when leaving the UAE.

Expansion

The expansion aims to provide additional services to tourists, enhancing the UAE’s status as a leading destination on the international tourism map. Planet- the company authorised by the FTA to operate the electronic system for the Tax Refunds for Tourists Scheme launched nine self-service kiosks in stage one of implementing the plan, setting them up at multiple shopping malls and hotels.

The kiosks are equipped with state-of-the-art technology allowing them to fully process VAT refund requests for tourists.

Tax refund within 24 hours of departure

In a statement, the FTA explained that the kiosks allow tourists to process their requests to recover VAT from the convenience of their hotel or at major malls in a matter of minutes. Applicants can scan their boarding pass to prove they will be leaving the UAE in the next 24 hours, as well as their original passport (or identity card for GCC nationals), and then follow the simple instructions displayed at the self-service kiosks.

55 new kiosks

The FTA revealed that Planet intends to deploy up to 55 new self-service kiosks by the end of 2020. Some 25 of the kiosks will be stationed in malls and 30 in hotels.

FTA Director General Khalid Ali Al Bustani said that expanding the scope of self-service kiosk for the tourists’ refunds to include malls and hotels in addition to exit ports was part of the Authority’s strategy to continuously develop its services, enhance efficiency and performance.

“Our objective from expanding the self-service kiosk is to provide further facilities and additional options for tourists looking to recover taxes,” he added. “Eligible tourists who meet the necessary criteria for reclaiming the VAT they incurred on their purchases in the UAE can process their refund applications from the convenience of their own hotels or from a list of major shopping malls around the country.”

Growing number of users

“This latest development further upgrades the services we offer through the electronic system of the Tourists Refund Scheme, which has seen increasing success and a growing number of users taking advantage of its speed and ease of use,” Al Bustani explained. “This establishes the system as one of our most effective tools to promote tourism, and cement the country’s status as a leading tourist destination with world-class infrastructure, sites, and events,” he noted.

The FTA Director General said that task forces from the Federal Tax Authority are conducting ongoing field inspections to ensure the system is operating in accordance with stringent quality standards and conditions, Wam reported.

More than three million refund transactions

The number of digital transactions under the Tourists Refunds Scheme grew to 3.2 million in the period between its launch in November 2018 and the end of 2019.

By end of June 2019, the total stood at 1.52 million transactions; the number leapt by .68 million applications in the second half of 2019, marking a staggering 110.53 per cent growth during that period.

Daily average number of tax refund transactions for tourists grew 2.64 times from 3,720 in the scheme’s first month to 9,830 daily transactions in December 2019.

The number of retail outlets linked with the system increased to 12,310 stores across the UAE, while the network of self-service kiosks allowing tourists to recover VAT at exit ports around the country grew to 52 up by 79.3 per cent from the total of 29 kiosks deployed as of July 2019.

Tourists can submit their requests to recover the taxes they incurred on purchases in the UAE when they are about to depart from the country.

What is required to get refund

Applicants must submit the tax invoices on their purchases, marked with Tax-Free’ stickers issued by retail outlets registered in the system, along with their passport and credit card.

No limit is placed on the maximum amount that can be recovered if said amount is transferred to the tourist’s credit card.

The  maximum amount is set at Dh7,000 per day for tax refund in case of cash payment.

This process can be carried out at self-service kiosks, as well as at tax refund offices located at ports of exit across the UAE.

The Authority asserted that to be refundable, tax invoices need to have been issued by the retail stores included in the Scheme and registered in the system; these venues can be identified by visibly showcasing ‘Tax-Free’ stickers on their storefronts.

Who can take claim refund

Any tourist shopping in stores located in the United Arab Emirates is eligible to reclaim a refund made on purchases provided that he or she fulfils certain conditions. 

Tourists who plan to apply for refunds must ensure that their purchases are from retailers that are participants in the “Tax Refund for Tourists Scheme”

The tourist in question must have the intention of leaving the UAE within ninety days from the day of purchase along with the products that bought.
For more information regarding your Business Set-up/Tax/Audit/Accounting or other services please visit our website www.a-h-g.net or drop us an email on info@a-h-g.net

We are one of the leading Audit company present in 4 countries. Approved TAX Agent by the Federal Tax Authority and one of the very few Tax Agents who operates with Excise Tax and have a deep understanding for its needs which helps our clients comply with law requirements and Latest FTA Announcements.

FTA ban waterpipes, cigarette plugs without digital tax stamps. Ban will come into effect on March 1, 2020

Shisha is a water pipe made of clay, ornately carved metals or plastics, which enables smoking flavoured tobacco as it is bubbled through water.

Abu Dhabi: Importing any type of waterpipe tobacco (known in Arabic as ‘Mu’assel’) or electrically heated cigarette plugs that are not marked with ‘Digital Tax Stamps’ will be prohibited across the UAE as of 1st March 2020, the Federal Tax Authority (FTA) announced on Tuesday.

The ban is in keeping with the timeline set for launching phase two of the ‘Marking Tobacco and Tobacco Products Scheme’, the FTA explained, adding that it serves to protect consumers from commercial fraud and low-quality products. The Authority called on producers, importers, and distributors of these products to abide by the system, as directed in Cabinet Decision No. 42 of 2018 on Marking Tobacco and Tobacco Products. The Stamps allow for tracking the designated products from the manufacturing facility and until they reach the end consumer, ensuring they satisfy the set standards and criteria, and have met their Excise Tax obligations.

In a press statement issued today, the Authority stressed the importance of implementing FTA Decision No. 02 of 2019 on Marking Tobacco and Tobacco Products, which went into effect on 1st November 2019. The Decision saw the Authority begin providing Digital Tax Stamps in collaboration with De La Rue, the company operating the system, allowing importers and producers of waterpipe tobacco and electrically heated cigarette plugs to place their orders for Stamps they could fix onto their merchandise to indicate that they have paid all Excise Taxes.

The FTA Decision stipulates that as of 1st March 2020, all Designated Excise Goods outlined in the Decision will no longer be allowed to be imported to the UAE unless they are marked with Digital Tax Stamps. Then as of 1st June 2020, any supply, transfer, stockpiling, or possession of these products will be banned unless they are marked with Digital Tax Stamps.

FTA Director-General Khalid Ali Al Bustani asserted that implementing phase two of the ‘Marking Tobacco and Tobacco Products Scheme’, which consists of expanding it to include waterpipe tobacco and electrically heated cigarette plugs, is a continuation of phase one, where the sale or possession of any type of cigarette not bearing the Digital Tax Stamps was banned across all local markets in the UAE as of 1st August 2019.

“The Scheme supports the FTA’s efforts to collect taxes, combat tax evasion, protect consumers from commercial fraud, prevent the sale of subpar products in local markets, and help protect the environment and public health,” he added. “The Authority is working to implement the system in collaboration with customs agencies and Departments of Economic Development. It relies on advanced, accurate, and efficient electronic procedures to ensure all legislation issued in that regard – which outlined the obligations of both the Authority and Taxable Persons – are implemented and that consumers are protected.”

“The Federal Tax Authority sought to execute a comprehensive awareness campaign to make sure local markets are prepared, well in advance, for implementing the second phase of the ‘Marking Tobacco and Tobacco Products Scheme’ as seamlessly as possible and without any disruptions to the sector’s commercial operations,” Al Bustani explained.

“The FTA collaborated with the system operator to organise meetings and workshops with importers, producers, and sellers of tobacco and tobacco products, where attendees were introduced to the tax system, and experts from the Authority answered their questions. Furthermore, media and advertising campaigns were carried out through traditional and social media channels to introduce the scheme and the timeline set for implementing it,” he added.

The FTA Director-General went on to reveal that the Authority has started organising a series of training programmes for inspectors from Departments of Economic Development and Customs Agencies across the emirates. The sessions introduce participants to the objectives and procedures of the Scheme, highlighting mechanisms to verify that all tobacco products in circulation have been marked with Digital Tax Stamps, which, in turn, tightens control and inspection at customs ports and markets to prevent the sale of contraband products or items where the due Excise Tax has not been settled.

The Authority explained that the Digital Tax Stamps are registered in the FTA database and electronically embedded with data that can be read using a dedicated device, which allows inspectors to verify that all taxes due on these products have been paid, and ensure that products are not counterfeit or illegally supplied.

Producers and importers of all types of waterpipe tobacco and electrically heated cigarette plugs can place their orders to purchase Digital Tax Stamps from the system operator – once they are accredited by the Authority – to place them on the packaging of their products before they leave the factory to be supplied to local markets across the UAE.

Cabinet Decision No. 42 of 2018 on Marking Tobacco and Tobacco Products outlined the mechanism for applying the Digital Tax Stamps on Designated Excise Goods to indicate that all due Excise Tax has been paid. The Decision stipulated that the Stamps must be fixed onto the products within the production facility immediately after packaging if produced locally – or prior to importing them in the case of imported tobacco products – in the place and manner specified by the Federal Tax Authority.

For more information regarding your Business Set-up/Tax/Audit/Accounting or other services please visit our website www.a-h-g.net or drop us an email on info@a-h-g.net

We are one of the leading Audit company present in 4 countries. Approved TAX Agent by the Federal Tax Authority and one of the very few Tax Agents who operates with Excise Tax and have a deep understanding for its needs which helps our clients comply with law requirements and Latest FTA Announcements.