Accounting is the main function of every company no matter what the size, type, or nature is. Accounting is a crucial part of business corporations, and it is like having a look at yourself in a mirror to make sure you are looking perfect. In...
Each business market you will enter will have its accounting challenges and the middle east is no different. UAE has fewer accounting requirements than other countries that levy taxes on everything. As corporate tax is going to be implemented soon and VAT is already in...
The UAE introduced corporate tax back in January 2022 and also released a consultation paper in April 2022. After this UAE authorities published the Federal Decree-Law No.47 of 2022 which is referred to as the Corporate Tax Law. It is true that business is going...
After the announcement of the UAE corporate tax by the authorities all businesses are alert now and get updates about this tax regime. The UAE corporate Tax will be applicable on 1st June 2023 and a taxable person or business will be subjected to a...
On 9 December 2022, the UAE Ministry of Finance released Federal Decree-Law No. 47 of 2022 to introduce a new corporate tax regime in the UAE. The new UAE corporate Tax regime will be effective for accounting periods beginning or after 1 June 2023. The corporate...
As the authorities in UAE announced the introduction of corporate tax and which will be implemented on 1st June 2023. According to the UAE corporate law, a taxable entity will be subjected to a 9% corporate tax from the start of their relative financial year...
Corporation Tax In UAE The authorities in UAE announced the introduction of corporate tax and it will be implemented on 1st June 2023. According to the law, a taxable business or a person will be subjected to a 9% corporate tax from the start of their...
A tax return is filed by the taxable person for a particular tax period with the compliance of corporate tax payment and liability. A tax return is also known as UAE Corporate tax return which is to be filed within a certain period of time...
The unemployment insurance scheme is a new initiative that will provide residents and Emiratis working in private and federal sectors with some financial support. This financial support will help the unemployed residents to get stable after their job loss. The aim of this unemployment insurance...
UAE has announced an unemployment insurance scheme for the residents and Emiratis to have a stable life even after the termination. The UAE unemployment insurance scheme is mandatory now for all workers in the UAE from January 1, 2023. This new unemployment insurance is mandatory for...
