List of Charities That May Recover Input Tax
Charities That May Recover Input Tax Charities that may recover input tax for the purposes of Federal Decree-Law No. 8 of 2017 on Value Added Tax. The following list of charities can recover input VAT paid at the time of supply or import of goods and services with the exception of tax excluded from recovery by virtue […]
Most Common Types of Audit Services
The Most Common Types of Audit Services and Their Benefits Factors that can significantly help you with navigating your business include audits which are performed in various methods. These audit services are meant for financial accuracy, enhance operational efficiency, risk management, and comply with regulatory standards. Audit services help create accuracy and confidence in every […]
List of Auditors and Accountants in Dubai, UAE
Comprehensive List of Auditors and Accountants in Dubai Dubai’s business environment remains a throbbing economic hub in the Middle East. The selection of appropriate auditors and accountants will benefit your business, whether it’s a startup, operating, or business poised for growth. This article highlights Dubai’s top 10 audit firms, shares a list of auditors and […]
Corporate Tax Registration UAE – Guide, Process and Required Documents
Effortless Corporate Tax Registration UAE for Your Business You would be surprised to know that, from June 2023, the UAE has introduced a Corporate Tax rate of 9% on business profits. This applies to earnings above AED 375,000. Such a landmark decision encourages transparency and ensures sustainable economic growth in the UAE. As businesses adapt […]
Top 10 Audit Firms in Dubai, UAE
Choosing the Right Audit Firm for Your Business Needs in Dubai Dubai as one of the world’s leading international business hubs, offering a dynamic environment that attracts companies and entrepreneurs from all over the globe. Whether you’re starting a small business or launching a large-scale enterprise, Dubai offers a thriving environment with its strategic location, […]
Small Business Relief in the UAE: A Comprehensive Guide
Despite its complex and dynamic tax system, the business-friendly status of the United Arab Emirates is widely recognized. With the implementation of Corporate Tax and Value Added Tax (VAT), the UAE not only ensures regulated tax policies but also employs significant relief options for small enterprises. In this comprehensive guide, we’ll explore the relief measures […]
Updates and Implications on UAE Tax Procedures
The United Arab Emirates (UAE) Ministry of Finance (MoF) recently announced Cabinet Decision No. (74) of 2023 introducing significant changes to the Executive Regulation of Federal Decree-Law No. (28) of 2022 on Tax Procedures, also known as the New Tax Procedures Law. The Cabinet Decision aims to align definitions, procedures, and processes with the recently […]