Top 7 Tips for Business Auditing

An audit is an independent and objective evaluation of a company’s financial statements, internal controls, and compliance with regulations and can be conducted by an internal or external auditor. A corporation must conduct audits to assess its financial health and...

February 21, 2023

UAE VAT Health Checks: Why Are They Important for Businesses?

VAT Services

UAE VAT Health Checks: Why Are They Important for Businesses?

UAE VAT health check will guarantee its adherence to FTA requirements. The knotty topic of VAT in the UAE affects every aspect of a business. Different firms of various sizes and types must deal with a variety of VAT-related complications. Businesses...

February 14, 2023

What Are the Qualities of a Good Tax Consultant in Dubai?

Tax Services

What Are the Qualities of a Good Tax Consultant in Dubai?

A competent tax consultant in Dubai may build a proper approach that can save your company millions of dollars over the course of its existence, in addition to assisting you in avoiding paying high taxes that result from incorrect filing. Tax law-trained...

February 7, 2023

Tax

How Can Businesses In UAE Prepare For Corporate Tax?

A new corporate law in UAE that would replace the existing Companies Law and other legal instruments is expected to be effective from 1 June 2023. The draft law is finalized by the Federal National Council’s legislative committee, and the...

January 27, 2023

Audit Services

What is a Financial Statement Audit Checklist?

A financial statement audit checklist is a tool used by auditors to ensure that all relevant information is included in a financial statement audit. It typically includes a list of items that should be reviewed or tested as part of...

January 18, 2023

Tax

What is Transfer Pricing in UAE?

The process of figuring out the cost of an overseas transaction between two or more related parties is known as “transfer pricing.” The amount charged by the holding company is known as the Transfer Price, for instance, when a subsidiary...

January 12, 2023

Tax Services

What is Tax Deregistration in the UAE?

The main laws governing tax registration in the United Arab Emirates are Federal Law No. 8 of 2017 on Value-Added Tax (the VAT Law), Cabinet Decision No. 52 of 2017 on the Executive Regulations of Federal Law No. 8 of...

December 30, 2022

Preparation of Accounting Records for Corporate Tax in UAE

Tax

Preparation of Accounting Records for Corporate Tax in UAE

According to the UAE Federal Law on Commercial Companies, businesses must keep their books of accounts for at least five years following the conclusion of each fiscal year. A corporation operating in the UAE that is found to have erroneous...

December 22, 2022

Corporate Tax in UAE – How is it Changing the Business Narrative

Tax

Corporate Tax in UAE – How is it Changing the Business Narrative

UAE is renowned for its business-friendly laws and policies, which have 0% corporate tax for companies operating within the nation. However, this comes to an end by June 1, 2023. This news has been the talk of the town since...

December 16, 2022

Amendment in UAE VAT- Effective from 01.01.2023

VAT Services

Amendment in UAE VAT- Effective from 01.01.2023

VAT is a consumption tax levied on purchasing or importing goods and services within a country. This helps to raise funds for the government. Value-added tax is calculated by adding the value of all intermediate goods and services used in...

December 8, 2022

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Author: Jaxa Auditors

Top 7 Tips for Business Auditing

UAE VAT Health Checks: Why Are They Important for Businesses?

What Are the Qualities of a Good Tax Consultant in Dubai?

How Can Businesses In UAE Prepare For Corporate Tax?

What is a Financial Statement Audit Checklist?

What is Transfer Pricing in UAE?

What is Tax Deregistration in the UAE?

Preparation of Accounting Records for Corporate Tax in UAE

Corporate Tax in UAE – How is it Changing the Business Narrative

Amendment in UAE VAT- Effective from 01.01.2023

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