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All About an Ultimate Beneficial Owner in UAE

According to the Ministry of Economy (MoE), the last day to submit information on ultimate beneficial owners was June 30, 2021. Many licensing agencies may want the details outlined in the resolution when a corporation applies for a trade license...

January 6, 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

UAE TAX UPDATE: EMARATAX TO GO LIVE ON DECEMBER 05, 2022

Tax

UAE TAX UPDATE: EMARATAX TO GO LIVE ON DECEMBER 05, 2022

The Federal Tax Authority (FTA) in UAE had previously announced that an integrated platform named “EmaraTax” would be launched soon. According to the FTA, the new platform is a modern tax administration ecosystem that integrates with other influential government entities,...

November 22, 2022

Which company is the best VAT service provider in UAE?

VAT Services

Which company is the best VAT service provider in UAE?

Since the introduction of VAT services, there is an increasing demand for professional VAT consultancy in UAE. However, choosing the perfect accounting consultants from a wide range of options takes time and effort. This post will save you from the trouble of finding...

November 14, 2022

How can I choose the best Tax Consultant in Dubai?

VAT Services

How can I choose the best Tax Consultant in Dubai?

Having the best tax consultant helps your business financially. Tax consultants assist businesses and individuals in understanding and managing a country’s taxation system. UAE’s Tax Consultancy Services helps you prepare, analyze, file tax returns, and pay taxes. To avail of all...

November 7, 2022

Auditing Guide: All About Auditing in UAE

Audit and Assurance

Auditing Guide: All About Auditing in UAE

What is Auditing? The term “auditing” typically refers to an examination of financial statements. Financial auditing is an independent review and assessment of an organization’s financial statements to ensure that they fairly and accurately reflect the transactions they purport to...

October 20, 2022

Tax Services

Corporate Tax Calculation in UAE?

Corporate Tax in UAE In January 2022, the Ministry of Finance in UAE announced that it will introduce Corporate Tax on the profits of businesses or companies, which will be applicable on 1st July 2023 and will be applied across...

September 30, 2022

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All About an Ultimate Beneficial Owner 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

UAE TAX UPDATE: EMARATAX TO GO LIVE ON DECEMBER 05, 2022

Which company is the best VAT service provider in UAE?

How can I choose the best Tax Consultant in Dubai?

Auditing Guide: All About Auditing in UAE

Corporate Tax Calculation in UAE?

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