How to Avoid or Refund the AED 10,000 UAE Corporate Tax Fine If your business fails to register for corporate tax on time, the FTA

What is a Tax Residency Certificate (TRC)? A Tax Residency Certificate, also known as a Tax Domicile Certificate, is an official document issued by the

Understanding Qualifying Free Zone Person (QFZP): To benefit from the 0% corporate tax rate, a business must be recognized as a Qualifying Free Zone Person.

Understanding the 15% Domestic Minimum Top-Up Tax (DMTT) The DMTT is designed to ensure that large MNEs pay a minimum effective tax rate of 15%

Understanding Internal Auditing Internal auditing is an independent, objective assurance and consulting activity designed to add value and improve an organization’s operations. It helps organizations

Understanding VAT Penalties in the UAE VAT penalties in the UAE can be severe and disruptive. They include fines for late registration, errors in VAT

Step 1: Decide on Your Business Activity The first step in setting up a company in the UAE is determining your business activity. The UAE

1. Save Time and Focus on Core Business Bookkeeping involves tracking financial transactions, reconciling accounts, and generating reports. These tasks, while essential, consume valuable time

1. What is Corporate Tax in UAE? Corporate tax is a direct tax imposed on the net profits of businesses operating in the UAE. It

VAT on Exports: When is It Zero-Rated? Exports in the UAE are typically subject to a 0% VAT rate, but there are conditions: 1)Exports to

Want a bigger slice of the UAE’s booming economy? Look no further than the In-Country Value (ICV) program! Launched in 2018 by oil giant ADNOC,

Are VAT consultants in UAE efficient enough in a corporate tax scenario? VAT(Value Added Tax) in UAE is a consumption levy imposed on goods and

In the bustling landscape of business in the United Arab Emirates (UAE),staying abreast of regulatory changes is crucial. One recent development stirring the corporate realm is the implementation of a corporate tax penalty of AED 10,000 for late tax registration in the UAE.

Are you worried about tax complexities? Do you know the benefits of hiring tax consultants in UAE? Tax policies may create ambiguity but partnering with Accruon simplifies the process.

The Ministry of Finance has released guidelines to assist companies in registering for corporate tax and obtaining relevant information, about the implementation of Corporate tax in UAE.

Are you planning to set up a company/business in the free zone area in UAE? Do you need to know the tax exemptions and benefits

Are you confused with the term “Natural Person”? Do you belong to this category? Does UAE Corporate tax apply to you? Don’t worry, this blog

Operating a small business in a cutthroat industry like Dubai is no easy task. There may be numerous ups and downs, similar to those on

Growing a business in the UAE (United Arab Emirates) can be an exciting opportunity due to its thriving economy and business-friendly environment. Here are some

The United Arab Emirates (UAE) has implemented comprehensive anti-money laundering (AML) Consulting firms in UAE laws and regulations to combat money laundering, terrorist financing, and other financial

Accounting Services in UAE plays a crucial role in IT businesses by providing financial information and ensuring the efficient management of financial resources. Here are

Corporate tax Introduction Corporate tax in UAE is a type of tax imposed on the profits or income earned by corporations, also known as companies

Auditing in the United Arab Emirates (UAE) follows the principles and standards of auditing commonly practiced internationally. Auditing in the UAE involves the independent examination

What is Bookkeeping in UAE ? Bookkeeping in the UAE refers to the process of recording, organizing, and maintaining accurate financial records of a business’s

A VAT refund in UAE is a reimbursement of Value Added Tax (VAT) that has been paid on goods or services by a business or

IMPORTANCE OF VOLUNTARY DISCLOSURE IN UAE Voluntary disclosure in UAE is the act of providing information or data to others without being legally required to