Its has become a top priority for the businesses in UAE to understand the essentials of accounting and VAT in the UAE. As we are moving forward in 2025, here’s what you need to know to stay complain and ahead of the curve.
Read MoreThe UAE has taken another step toward enhancing its business environment and tax transparency with the issuance of Cabinet Decision No. 35 of 2025 which provide new Corporate Tax guidelines for Foreign..
Read MoreCompanies registered in UAE Free Zones are now subject to corporate tax law, which means they have to file corporate tax returns with Federal Tax Authority (FTA) and fulfil the requirements.
Read MoreTo align with global fiscal standards, the UAE is set to implement new tax reforms in 2025. The new tax framework introduces 15% corporate tax rate for large multinational Companies in UAE.
Read MoreAre you a self-employed professional, freelancer or sole proprietor in the UAE? The Federal Tax Authority (FTA) has issued a critical update: Natural persons subject to corporate tax in the UAE must register by 31 March 2025 to avoid penalties.
Read MoreThe UAE has established comprehensive framework for accounting and financial reporting system to ensure accountability, transparency and investor confidence.
Read MoreThe Federal Tax Authority (FTA) of UAE has clarified penalties for taxpayers failing pay the due corporate tax for each month or part thereof shall be subject to a monthly penalty of 14 percent per annum. To avoid UAE corporate tax violation, businesses must pay their due corporate tax with in the deadline.
Read MoreWe as a professional accounting and auditing firm has compiled step by step guide to corporate tax return filing. If you follow this guide to Corporate Tax Return Filing in UAE or hire professional accounting and auditing firm. Most of the professional accounting firms are well versed in UAE tax laws.
Read MoreBased on reverse charge mechanism, the supplier will not have to charge and collect VAT on the items that are covered by this cabinet decision. The buyers will be having to calculated and declare VAT on their purchases and report it in their VAT return.
Read MoreIn fast paced business environment, outsource accounting has become an important aspect of business, in fact it is a strategic choice for most of the companies in UAE. With the implementation of corporate tax regulation, VAT compliance and the increase in financial complexities..
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