How Does the UAE VAT Apply to Electronic Services?
The digital economy is a critical part of global trade and the sector continues to grow. However, the application of Value Added Tax (VAT) on digital services can... Read more.
Five Accounting Habits Small Business Owners Should Pick Up
Small business owners think they are on top of their finances if they can promptly pay their bills every month, cover all the expenses, and pay themselves and their... Read more.
UAE Corporate Tax: Everything You Must Know About Tax Credits
Businesses need to understand how can they claim foreign tax credits since the UAE corporate tax is set to become effective from June 1st 2023. Corporate tax consultants... Read more.
Tips for UAE Businesses to Avoid Hefty VAT Penalties
Ensuring VAT compliance in the UAE as per relevant tax laws and regulations is essential for the smooth functioning of your business. The Federal Tax Authority (FTA)... Read more.
Everything You Need to Know About MIS Report in Accounting
Entrepreneurs make new business decisions every day but each decision may have certain risks and as the business grows the risk increases. If you are working with... Read more.
Excise Tax on Designated Zones: Clarification on Calculation of Financial Guarantees
As per the regulations of excise tax in the UAE, all registered warehouse keepers and those intending to register as warehouse keepers are required to provide a... Read more.
UAE VAT Refund for Tourists: New Update on Maximum Amount of Cash Refund
The UAE VAT refund scheme for tourists allows tourists to reclaim the VAT incurred on goods purchased through approved tax-exempted stores registered with the Federal... Read more.
Top Ways Accounting Firms in Dubai Can Save You Money
Many small business owners downplay the significance of hiring accounting firms in Dubai, believing that they can save money by handling the financials themselves.... Read more.
How Can Accounting Firms Help Businesses to Tackle the Challenge of Inflation?
Small businesses need to be prepared for the soaring inflation for which accounting firms in Dubai can offer key solutions. Inflation is always happening and the... Read more.
UAE Excise Tax: New Clarification on Lost or Deficient Goods in Designated Zones
The UAE Federal Tax Authority (FTA) has released an Excise Tax Public Clarification (EXTP007) on Excise goods that are deficient or short of quantity and the process... Read more.
