If you are running a business in the UAE, then you must know about its tax system. VAT is one of the most crucial taxes in the UAE. Value Added Tax is a tax on the use of services and goods levied at every sale....
The UAE government has implemented new regulatory reforms in the UAE. It is very crucial for small businesses in UAE to keep the books of accounts. However, it was optional to submit the audited financial accounts in Dubai Free Zones or on the mainland. The majority...
Due to the strict business rules in Dubai, every business is conscious of audits. Businesses have to remain accountable, financially transparent, and reliable. However, there are many challenges auditors in UAE face during the audit. In fact, according to the UAE Federal Law.32 of 2021, all...
The Federal Tax Authority (FTA) is holding an upcoming physical workshop. This is about “General Principles on Taxation of Corporations and Businesses.” This workshop will be held on October 31, 2023, at the Al Jawaher Reception & Convention Centre. UAE taxation is quite an important source...
Do you find accounting a time-consuming and tedious task and want to avail accounting services in Dubai? Are you worried about making errors or complying with complex tax laws and regulations? If so, you are not alone. Many businesses in the UAE face these same...
The VAT filing and VAT implications for the healthcare sector are complex. Many industries related to healthcare are supplying, producing, and administrating a variety of services. You will witness a complex VAT filing and implications in the UAE. VAT consultants in Dubai explain it better...
Dubai South Free Zone is Dubai World Central Free Zone. It is a leading plan city based on individual businesses and companies. Also, it is the best-preferred place to work, live and invest. It is one of the pivotal hubs in the global economy. Also,...
The UAE corporate tax is applied to relevant corporations and businesses. Corporate tax consultants in Dubai advise business owners to have a good understanding of the different provisions of the corporate tax regime to stay prepared. A good understanding of corporate tax clarification, assessment, and...
Corporate tax assessment services impact refers to the process of assessing the potential tax implications of several corporate actions or decisions. To check their financial choices, businesses use these services. Tax professionals and consultants manage these assessments. Dubai is a business-friendly and tax-beneficial country. It has...
Accounting and bookkeeping both are necessary for finance and business management. It includes recording, organizing, and managing financial transactions for individuals, businesses, and big organizations. It helps in making balance sheets, profit/loss statements, and trial balances. Accounting is a wide field that encloses the whole process...
