The new tax system for corporations that was introduced within the UAE in 2023 will be an important change for companies that operate within the country. It not only outlines the interest rate (9 %) that businesses are required to pay if their income exceeds...
In our globalized, highly interconnected world of business trust is the backbone of any financial system that can be successful. In Dubai, one of the world's fastest growing business centers confidence in the financial reports is prime importance. To assure the accuracy of financial data...
Bookkeeping is a platform to keep accounting of finances and is an integral element in the process of accounting. The accounting process involves receipts, sales, purchases and the payment of either an individual or an organization. In the current era of business disruption, it is...
Due to the great economic opportunities Dubai offers, many investors and auditors choose to establish their operations there. The primary attraction for businesses worldwide to this intelligent city is its diverse labor, resources, and infrastructure. The growing size of companies operating in Dubai has increased...
In the constantly changing business environment in the United Arab Emirates (UAE) companies may face circumstances that require changes to their legal structure or end of their operations. In such a case, the completion of the process of deregistering corporate tax is a must. This...
This blog will focus in Qualified and Unqualified reports and how auditing firms in Dubai are beneficial, which is the top audit firm in Dubai for this purpose. Key Difference Between Unqualified and Qualified Report The main distinction between an unqualified report and a certified report is...
In the year 2018, the United Arab Emirates (UAE) implemented a major economic change through the introduction of VAT. Added Tax (VAT). This was a significant change in the nation's fiscal policies and brought new issues for business. VAT compliance, previously an area of concern,...
In the thriving business environment that is Dubai, United Arab Emirates, the compliance of corporate tax is an essential element for companies seeking to sustain expansion and growth. Understanding the complex tax laws and regulations of the UAE isn't easy and can be a challenge,...
Business setup in Dubai is the ambition of every business owner, which is considered to be a leading business destination for many entrepreneurs. It is the center for many commercial ventures, accommodating enterprises of all sizes, from multinational companies to small and medium-sized companies. Spanning...
Auditing services are essential to economic growth. There are many audit firms in Dubai providing such services. It is believed auditing firms in Dubai to be the pillar of transparency and financial accountability. It plays a significant role in determining the UAE's economic environment. Dubai...
