Introduction Starting a business in the UAE can be an exciting venture, but one of the key challenges that startups face is managing their finances efficiently. Proper accounting practices are not only essential for the financial health of your business but are also...
Introduction Business liquidation in the UAE is a process governed by UAE Federal Law. It involves formally closing a company’s operations, settling its liabilities, and distributing any remaining assets to stakeholders. Liquidation can occur for various reasons, from...
Introduction: The UAE government introduced Federal Decree-Law No. 47 of 2022, commonly known as the Corporate Tax Law, on 3 October 2022. This law, which was officially published in the UAE’s Official Gazette on 10 October 2022, serves as the legal framework for...
Introduction: As per UAE law, businesses must ensure full compliance with VAT regulations administered by the Federal Tax Authority (FTA). A VAT health check in UAE is an essential process that helps companies assess their VAT records, tax returns, and overall...
Selecting the right accounting firm in UAE is crucial for ensuring the smooth financial operation of your business. Dubai, with its dynamic economy and complex regulatory environment, requires a strategic approach to choosing an accounting firm. Here’s a guide to help...