Blog

Explore UAE corporate tax updates for 2026 with Jaxa Chartered Accountants and understand FTA Decision No. 15 of 2026, including exemption eligibility, application procedures, filing deadline, and key compliance requirements for eligible entities. The UAE Federal Tax Authority (FTA) introduced...

Let us explore the latest UAE VAT for employee expenses in 2026, including input VAT recovery conditions, business travel, accommodation, and some common restrictions. Federal Tax Authority No. 17 of 2026| Effective October 1, 2026 The UAE Federal Tax Authority...

Preparing for an annual audit requires more than gathering documents, and it should not be left to the last minute. Incomplete financial records, unreconciled accounts and unclear transactions can delay the audit process and create additional work for businesses.  With...

Explore the latest UAE Tax Update 2026 on Free Zones and Designated Zones, including Corporate Tax implications, VAT treatment, and essential compliance requirements for businesses.  The UAE Federal Tax Authority (FTA) has released Public Clarification TAXP010 on October 02, 2026,...

Explore the latest IFRS 18 updates, key changes, 2027 effective date and preparation steps for UAE businesses with Jaxa Chartered Accountants. The introduction of IFRS 18- Presentation and Disclosure in Financial Statement represents a new approach to presenting and disclosing...

  The UAE implemented Value Added Tax (VAT) on January 1, 2018, with a standard VAT rate of 5% for most taxable supplies of goods and services. Understanding VAT in the UAE is essential as it influences pricing decisions, cash...