The bookkeeping firms in Dubai are one of the most crucial financial tools that ensures the accuracy and transparency of financial and accounting matters. This enhances trust in the economic decisions made by organizations and institutions in UAE. In this article, we...
Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses represents a pivotal milestone in the economic landscape. Aimed at bolstering the fiscal framework and stimulating sustainable growth. Introduced by the government with the purpose of...
A business resident in the UAE that makes taxable supplies within the UAE is obliged to register for Value Added Tax (“VAT”). If the total value of its taxable supplies and imports exceeded the mandatory registration threshold of AED 375,000 over the previous 12...
1. What is VAT? Value Added Tax (VAT) is an indirect tax levied on the supply of a wide range of goods and services. It operates by being charged at various stages of the supply chain, from production to distribution, until it reaches the final consumer. While...
In the bustling landscape of the United Arab Emirates (UAE), where innovation meets opportunity, effective corporate tax planning is a cornerstone of sustainable business success. With its enticing tax policies and strategic advantages, the UAE has emerged as a magnet...
