VAT in UAE: Latest Rules Regarding the Issuance of Tax Invoices in 2023
The UAE VAT Law defines tax invoices in the UAE as a written or electronic document in which the occurrence of a Taxable Supply and its details are recorded. Taxable…
Read More 
A Comprehensive List of UAE VAT Law Changes You Must be Wary of in 2023
January 1st 2023 not only marks the dawn of a new year but also represents the completion of five years of Value Added Tax (VAT) in the UAE. However, taxable…
Read More 
Six Useful Audit Tips for the Small Businesses in the UAE
Maintaining the books of accounts and having audited financial statements have become more important than ever since the introduction of new regulatory reforms in the UAE. Except for a few…
Read More 
Accounting Services for Tech Startups: Key Insights and Best Practices
Availing of accounting services in Dubai is critical for tech startups to effectively manage their finances and accounting requirements. Hiring accounting firms in Dubai helps entrepreneurs to navigate the common…
Read More 
A Guide to Group Relief and Restructuring Relief UAE Corporate Tax
Big corporate groups manage their operations through a cluster of businesses, each of them will have a parent company and a number of subsidiaries. Such companies create tax groups to…
Read More 
What Are the Three Golden Rules of Accounting?
Having accurate financial information is critical for every entrepreneur to make good business decisions. The financial information must be accurate and present a true picture of the business to make…
Read More 
A Guide to the Statute of Limitations Under the Amended UAE VAT Law
The UAE Cabinet has amended certain provisions of the VAT Decree-Law that may take effect from January 1st 2023. The most striking change among these amendments is the introduction of…
Read More 
FTA Publishes New Amendments to the UAE VAT Executive Regulations
Taxpayers in the UAE need to be aware of the new changes in the UAE VAT regime set to be effective from January 1st 2023. The Federal Tax Authority (FTA)…
Read More 
How Should Free Zone Persons Prepare for the UAE Corporate Tax?
Free zone companies and branches registered in any of the free zones in the UAE (Free Zone Persons) are subject to the UAE corporate tax. Since they are not outside…
Read More 
UAE Corporate Tax Frequently Asked Questions (FAQs) for Free Zone Persons
The introduction of corporate tax in the UAE represents the country’s shift from a no-tax region to a tax-levying jurisdiction. As the UAE corporate tax will take effect from June…
Read More