In the technology-driven world, the fusion of technology and taxation is reshaping how business handle their tax obligations with greater accuracy and efficiency in an organization. The UAE corporate tax compliance is keeping pace with technological development, helping organizations to manage compliance better, ensure resource efficiency, and stay ahead in the competitive business landscape in […]
Tickling Clock! UAE Federal Tax Authority Sets Final Deadline To Update Tax Record Before March 2025
The countdown has begun. Let’s act before it is too late. The UAE Federal Tax Authority has announced an urgent reminder for businesses and taxpayers to update their tax records before the March 2025 deadline. This initiative is to streamline tax regulations and ease the tax burden on registrants. This update is key for adherence […]
Recent Amendments in Audit Requirements for Financial Institutions in the UAE
Let us discover the major trends and regulatory requirements shaping auditing in the UAE in 2025. The United Arab Emirates’ progress in economic development and transparency, requires the business to stay updated, ensure compliance and sustain competitiveness. Jaxa Chartered Accountants is a top auditing firm in the UAE with who are qualified to uphold strict […]
Evolution of IFRS Standards and their implication on UAE Auditing practices
Let us discover the new accounting standards in the UAE and their focus on improving business compliance and boosting efficient financial management. As the financial framework in Dubai progresses, embracing new financial reporting standards – IFRS compliance UAE is the highest priority for businesses located in the United Arab Emirates. The UAE serves as a […]
Revolutionizing Bookkeeping Practices with under the New UAE Corporate Tax Law
As multinational companies build a strong foothold in the UAE, focus on financial numbers is gaining more attention. Having a solid grasp of financial figures and performance is a significant factor in managing businesses successfully. Bookkeeping acts as a clear snapshot that sheds light on a business’s financial credibility. Maintaining books of accounts plays a […]
Requirement of IFRS Compliance UAE by UAE Companies
IFRS compliance UAE is not just a regulatory requirement for UAE companies but also a fundamental requirement for growth and financial transparency. IFRS compliance in the UAE is essential for companies aiming to gain trust from financial institutions, regulators, and international partners. This blog provides the most significant reasons demonstrating the requirement of IFRS compliance […]
UAE Corporate Tax: When Does It Apply to Individuals?
This is, in turn, causing the query of whether UAE corporate tax has any effects on the individual. Though businesses would have the bulk of it, the tax itself, it does bring certain issues upon freelancers and entrepreneurs to have to pay for it. Therefore, the corporate tax rules for UAE individuals will assist both […]
How to Claim Excess Input VAT Using the VAT Refund Process in UAE
The procedure for claiming the VAT refund in the United Arab Emirates seems very complex, especially for businesses having input VAT on business expenses exceeding the VAT on its revenue. However, understanding the steps provided by the Federal Tax Authority (FTA) and using Form VAT311 can make it a smooth procedure. Working with experts like […]
Avoid Penalties: Update Your UAE Tax Records Before the Grace Period
Amending tax records on time is crucial to avoid penalties in the UAE under the Tax Regulations. The FTA has now provided grace period for companies to complete their EmaraTax portal update process UAE. Jaxa Chartered Accountants can help businesses in getting these arrangements done accurately. Why You Must Update Your Tax Records The FTA […]
When to File a Voluntary Disclosure of VAT UAE
VAT return errors can cause compliance and penalty problems. To resolve this, the Federal Tax Authority (FTA) in the UAE has well-defined procedures for filing a Voluntary Disclosure UAE tax compliance (VD) for errors. An understanding of when and why to file a VD is essential for compliance. For professional guidance, Jaxa Chartered Accountants makes […]