How Tax Groups can Conduct VAT Deregistration in UAE?
Two or more related taxable persons conducting businesses are allowed to form a tax group and perform Vat registration in the UAE. Two or more related parties register for VAT…
Read More 
UAE Tightens Noose on Money-laundering with Penalties up to AED 1 Million
The UAE has boosted the Anti-Money Laundering / Combating Financing of Terrorism (AML/CFT) regime with tougher penalties ranging from AED 50,000 to AED 1 Million. The Ministry of Economy has…
Read More 
Setting up a Startup to Sell it in the future? Follow these Accounting Lessons
Selling a company to prospective buyers is regarded as one of the best exit strategies for business owners. Entrepreneurs build their startups in such a way that big investors or…
Read More 
Insights about Commercial Activities Certificate under VAT in the UAE
The UAE’s economy has been significantly streamlined in the last three years since the introduction of Value Added Tax (VAT) on 1st January 2018. In the fourth year of the…
Read More 
In-house accounting V/s Outsourced Accounting: Key Insights for UAE Businesses
CEOs and entrepreneurs often choose the traditional method of sticking with in-house professionals when it comes to accounting services in Dubai. Even the startups that boast of a futuristic business…
Read More 
Essential Guide to Obtaining a Tax Residency Certificate in the UAE
Tax Residency Certificates and Double Taxation Avoidance Agreements (DTAA) have played a key role in turning the UAE as a top migration option for foreign investors. Obtaining a UAE Tax…
Read More 
Six Warning Signs your Small Business in UAE Needs Accounting Assistance
An entrepreneur running a startup in the UAE has to tackle challenges ranging from funding to managing the daily expenses. Most of these entrepreneurs have a strong vision and resolve…
Read More 
Key Accounting Tips to Make Your Financial Statements Accurate
It is comforting to assume that the investors, board members and other decision-makers have absolute faith in their company’s financial statements. The management can rely on the numbers to make…
Read More 
Top Reasons UAE Businesses shouldn’t Avoid External Audits
Annual external audits are a hectic time for the companies in the UAE, and business owners often find the audits a very tedious process. Many of them even raise the…
Read More 
Everything E-gaming Operators Must Know about VAT in the UAE
The online gaming industry is one of the sunrise sectors that surprisingly gained prominence in the UAE after the COVID-induced lockdowns. More players are entering the sector right now to…
Read More