RM112, Author at Elevate Accounting & Auditing - Page 7 of 12

Author name: RM112

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

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[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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Brief Updates on AML/KYC Laws and Regulations in UAE

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[vc_row][vc_column][vc_column_text] 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

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VAT Registration of Sole Establishments

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[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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Need to know some key points of New UAE VAT Law-2023

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[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

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A Complete Guide to Company Liquidation Services in UAE

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[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

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How Outsourcing Accounting is Beneficial for Small business

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[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

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EmaraTax – The UAE Federal Tax Authority to launch a New Integrated Platform

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[vc_row][vc_column][vc_column_text] The UAE’s Federal Tax Authority announced earlier this month that a new integrated platform will be launched later this year after extensive and intensive assessment and development. The FTA’s intention behind the platform is to centralize access to its services, pay the taxes and obtain refunds thus ensuring effective tax compliance. The new platform

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Real Estate Activity Report (REAR) filing in UAE

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[vc_row][vc_column][vc_column_text] Real Estate Activity Report (REAR) submission by real estate brokers and agents and law firms as per Circular Number: 05/2022 issued by the Ministry of Economy (MOE), UAE [/vc_column_text][vc_empty_space][/vc_column][/vc_row][vc_row][vc_column width=”1/2″][vc_column_text css=”.vc_custom_1665133071749{margin-right: 15px !important;margin-left: 15px !important;padding-top: 20px !important;padding-right: 20px !important;padding-bottom: 20px !important;padding-left: 20px !important;background-color: #eaeaea !important;}”] Ministry of Economy has recently issued a Circular (No.

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