Business Health Checks: Are you Ready for Annual Audit in the UAE?
Every annual audit season in the UAE is generally a time of anxiety and stress for entrepreneurs and their in-house accountants. There is no need to panic when auditors in…
Read More 
A Checklist of Best Practices to Ensure AML Compliance in the UAE
With penalties ranging up to AED 1 Million, complying with Anti-money Laundering and Combatting Financing of Terrorism laws (AML-CFT) has become imperative for the UAE businesses such as real estate…
Read More 
VAT for UAE Artists & Influencers: A Checklist to Ensure Compliance
Social media influencers have taken the realm of branding by storm with the advent of platforms like Instagram, TikTok, Facebook, Twitter, LinkedIn and YouTube. The influencers have been making fame…
Read More 
How DNFBPs Can Ensure AML Compliance in the UAE?
The deadline is looming for the Designated Non-Financial Businesses and Professions (DNFBPs) to register in the Financial Intelligence Unit system (goAML) to ensure compliance with Anti-Money Laundering and Combating the…
Read More 
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