“Are free zone companies exempt from corporate tax in the UAE?” has become a frequently asked question after the government announced that it will introduce corporate tax from June 1st 2023.…
The use of bank guarantees is widely popular among business owners seeking corporate finance services in Dubai. A bank guarantee is a promise made by a commercial bank to the…
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 for the destruction…
Businesses struggling to manage their finances amid serious issues may need the help of accounting companies in Dubai to get back on track. Companies generally struggle due to various reasons…
Availing of corporate finance services in Dubai has become inevitable for traders due to the region’s status as one of the top trade hubs in the world. Traders often require…
SMEs may often land overseas business projects that warrant big funding. Businesses that carry out international trade transactions often rely upon letters of credit to meet the funding requirements. A…
Businesses need to be cautious while assessing the UAE’s VAT treatment of labour accommodations as the tax rates may vary depending on the nature of the supply. Entities must determine…
The UAE tax compliance landscape is about to undergo a paradigm shift with the government announcing the Corporate Tax(CT). The UAE corporate tax (likely to come into force on June…
No business owner will knowingly hurt the profitability of their business, but most of them are doing just that unwittingly. You may be striving to do the best for your…