Under Ministerial Decision No. 131 of 2026, the existing Small Business Relief threshold will continue to apply to tax periods that end on or before 31 December 2029. The decision was issued on 29 July 2026 and amends Ministerial Decision No. 73 of 2023.
Read MoreAudit readiness is one of the most common terms used by businesses and audit firms these days. It has become critical business practice for companies in the UAE.
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 MoreThe UAE’s Federal Tax Authority (FTA) has introduced corporate tax fines and penalties starting from August 1 for businesses that fail to follow the corporate tax law. Compliance with the UAE corporate tax law is essential to prevent penalties.
Read MoreFTA revised VAT fines and penalties after the approval from cabinet. The UAE cabinet allow FTA to reduce the VAT fines by 70%. Alpha auditing has experienced tax professionals who understand the tax laws and can help you reduce or completely waive the fines depending on the violation. Get in touch with tax experts.
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