It seems timely to talk about the VAT on the UAE education sector as the country has recently announced a major restructuring of the sector. At a time when the…
Getting a major merchandise order is critical for the growth of small businesses in Dubai. However, it will turn into a nightmare when the business owners fall short of adequate…
As the UAE corporate tax regime is about to take effect from June 1st June 2023, entities are advised to assess their compliance obligations. In broader terms, the entities subject…
Accurately preparing the financial statements is a critical requirement for companies undergoing an external audit in Dubai. However, most entrepreneurs lack knowledge about the key parts of a financial statement…
Businesses carrying out real estate transactions in the UAE may often find the VAT considerations complex and tricky to navigate. The UAE VAT regime’s complexity owes to the sector’s complex…
The UAE corporate tax regime, which will take effect from June 2023, allows companies to form tax groups. Large corporate entities often carry out their activities through a group of…
Most entrepreneurs in Dubai, especially SME owners, may not have a solid background in finance. However, accounting firms in Dubai recommend you have a basic understanding of the key concepts…
In a big regulatory change, the UAE has introduced a corporate tax on business profits to make the country a leading global hub for business and investment. At a 9%…
Failing to measure profits is one of the key reasons why businesses fail to last for a long time. Accounting firms in Dubai recommend entrepreneurs measure their profits regularly as…
No startup can sustain a shortage of cash in the long run. Startup owners often have great ideas, but it doesn’t mean they may have enough money to chase their…