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
Financial Statement Audit Checklist Read More »
[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
Public Clarification: Importation of goods by agents on behalf of VAT-registered persons Read More »
[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
UAE EmaraTax is now live – New gateway to the future of tax administration Read More »
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
UAE AML & KYC Law Updates 2025–2026 | Compliance Guide Read More »
[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
VAT Registration of Sole Establishments Read More »
[vc_row][vc_column][vc_column_text]The implementation of new VAT laws in Dubai in 2023 is expected to be a significant milestone, following the successful completion of a five-year period of VAT implementation in the city. These laws have been developed based on the challenges and experiences of the business community in Dubai, and are intended to provide a clearer
Need to know some key points of New UAE VAT Law-2023 Read More »
[vc_row][vc_column][vc_column_text] The UAE is a thriving business region with numerous business hubs and free zones that encourage commercial activity. Companies and investors from around the world come here to establish businesses and pursue opportunities. New businesses are constantly being formed in such an advantageous location. A company’s survival and success are determined by a variety
A Complete Guide to Company Liquidation Services in UAE Read More »
[vc_row][vc_column][vc_column_text] There is a saying “Behind every successful business, there is a good accountant as a good financial report gives the right insight about the business”. Accounting plays a crucial role in running every business successfully. Dubai being a commercial hub hosting a large number of international and local businesses, outsourcing accounting in Dubai is
How Outsourcing Accounting is Beneficial for Small business Read More »
[vc_row][vc_column][vc_column_text] On 26 September 2022, the President of the UAE, H.H. Sheikh Mohamed Bin Zayed Al Nahyan issued the Federal Decree-Law No.18 2022 amending some provisions of the Federal Decree-Law No. 8 2017 on Value Added Tax (the VAT Law). The amendments will take effect from 1st January 2023. This is the first update to the
FTA ISSUES AMENDMENTS TO THE UAE VAT DECREE-LAW Read More »
A common inquiry many prospective customers make is what is the benefit of opening a company in a free zone? What is the difference between a mainland company and a free zone company? For any foreign investor or expat who wishes to start a business in the UAE this a very crucial question. UAE offers
Mainland vs. Freezone: Explained Read More »
