Role of VAT Consultants in UAE in Corporate Tax Scenario

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 services throughout their production and distribution phases. The standard VAT rate stands at 5%, and businesses are mandated to register and submit VAT returns if their taxable supplies exceed AED […]

Corporate Tax penalty of AED 10,000 for late tax registration in UAE!

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.

Top 10 Corporate Tax Consultants in UAE

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.

Unleash Business Opportunities in UAE Free Zones

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 of forming a company in a free zone in the UAE? We are here to provide you with the answer A free zone, alternatively referred to as a free trade […]

Decoding UAE Corporate Tax Law on “Natural Person”

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 will take you through the answers to these questions. Corporate tax in Dubai is a direct tax that is levied on the net income or profit that businesses and other […]

Six accounting recommendations for small companies to start the new year

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 a roller coaster, and you may require wise counsel from accounting firms in Dubai to maintain your business. The start of a new year is a good opportunity to evaluate […]

Growing a business in the UAE

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 tips specifically for growing a business in the UAE: 1. Understand the local market: Conduct thorough market research to understand the UAE’s unique business environment, cultural nuances, consumer preferences, and legal […]

Anti-money laundering laws (AML) in UAE

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 crimes. The AML framework in the UAE consists of several key laws and regulations, including: 1. Federal Decree-Law No. 20 of 2018 on Anti-Money Laundering and Combating the Financing of […]

ROLE OF ACCOUNTING IN IT BUSINESS

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 some key roles of accounting in the context of IT businesses: 1. Financial Record-Keeping: Accounting helps IT businesses maintain accurate and detailed financial records. This includes recording transactions, tracking revenues and […]