Author name: RM112

2023 Dubai Accounting Trends: Innovations and Insights

Stay ahead of the curve in the dynamic world of accounting with these top trends to watch out for in Dubai in 2023. For auditing companies in Dubai, accounting practices have undergone a significant transformation due to changing customer demands, business needs, and technological advancements. To remain competitive in the market, it is crucial for […]

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Frequently Asked Questions about Anti-Money Laundering

[vc_row][vc_column][vc_column_text] Money laundering is a global threat that affects everyone, from individuals to businesses and governments. The practice involves disguising the proceeds of crime as legitimate funds, making it difficult for law enforcement agencies to trace and seize them. Anti-money laundering (AML) laws and regulations have been put in place to combat this issue, but

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Mastering Business Auditing in Dubai: Top Tips and Why Hiring an Audit Firm is Essential

Dubai is known for its bustling economy and business opportunities. As a result, many businesses require auditing services to ensure they comply with regulations and maintain their financial health. However, preparing for an audit can be a challenging and time-consuming task. In this blog, we will discuss the top tips for business auditing 7 Useful

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Unlock the Benefits of Business Setup in Dubai with Elevate – Your Trusted Business Setup Consultant in UAE!

[vc_row][vc_column][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] If you came across this article while searching for business setup services in Dubai or UAE, you’ve arrived at the right place. As an experienced business setup consultant in Dubai, Elevate can guide companies from around the world in establishing their operations in Dubai or other parts of the UAE, whether in the mainland

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Financial Statement Audit Checklist

Financial audits aim to increase the trustworthiness of a company’s financial status and performance. By utilizing financial audit services, a business can gain valuable insights that can help improve the company’s overall financial standing. Financial Statement Audit A financial statement audit is a comprehensive examination of a company’s financial records and disclosures, performed by independent

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Public Clarification: Importation of goods by agents on behalf of VAT-registered persons

[vc_row][vc_column][vc_column_text]Importation of goods from outside the UAE into the UAE mainland is subject to VAT. The treatment of the same is however different depending on whether the importer is registered or not registered. When a VAT-registered person imports goods, he may, account for the VAT in the tax return (“VAT return”), rather than paying actually

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UAE EmaraTax is now live – New gateway to the future of tax administration

[vc_row][vc_column][vc_column_text] With the Federal Tax Authority’s new integrated tax platform EmaraTax going live from 5th December, 2022. Here are the key features of the new UAE EmaraTax platform. Get assistance from UAE Emara Tax Consultants in Dubai to guide you through the new tax portal. [/vc_column_text][/vc_column][/vc_row][vc_row][vc_column][vc_column_text] What does the new EmaraTax Platform offer users? [/vc_column_text][vc_single_image

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UAE AML & KYC Law Updates 2025–2026 | Compliance Guide

The United Arab Emirates (UAE) has a robust legal framework to prevent money laundering and terrorist financing. As the financial hub of the Middle East, the UAE has implemented strict Anti-Money Laundering (AML) and Know Your Customer (KYC) laws and regulations to ensure that its financial system is secure and transparent. KYC procedures are an

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VAT Registration of Sole Establishments

[vc_row][vc_column][vc_column_text] A sole establishment is a legal form of business which is 100% owned by a natural person. It does not have an identity independent to its owner and will be considered to be the same person as its owner. A natural person can obtain separate sole establishment license for different line of businesses owned

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