UAE Corporate Tax [Infographics]
On January 31, the UAE Ministry of Finance made a landmark announcement regarding the introduction of the Federal UAE Corporate Tax on business profits, set to take effect from June 1, 2023. This development represents a monumental shift and a historic milestone for the UAE. Explore every facet of the new Federal Corporate Tax with […]
Navigating the Shores of Opportunity: A Comparative Guide to UAE Golden Visas
UAE Golden Visa – What is the first thing that comes to mind about it? The marvelling skyline and the epitome of luxury attract individuals from around the globe with a wide range of opportunities and better lifestyles. The latest initiative, the Golden Visa program, offers multiple pathways to long-term residency. Let’s delve into the […]
Starting Your Dropshipping Venture in Dubai
Dropshipping is a unique sales model where orders are placed via social media or websites, and suppliers ship products directly to clients on behalf of the sellers. If you’re keen on establishing a dropshipping business in Dubai and seek a comprehensive guide through the process, NAM Accountants is your ideal partner. They offer expert advice […]
Golden Visa Changes in the UAE: A Game-Changer for Property Investors
In a significant move that has sent ripples through the real estate market in the United Arab Emirates (UAE), the minimum downpayment requirement for obtaining a Golden Visa has been eliminated. This move is expected to reshape the landscape for property investors, making the coveted Golden Visa more accessible than ever before. The New Rules: […]
Best Practices and Steps for Implementing an Action Plan to Remediate Anti-Money Laundering (AML)
In fulfilling its supervisory role, the relevant Regulatory Authority conducts examinations into the AML/CFT compliance levels of regulated entities, which may include Financial Institutions, Designated Non-Financial Businesses or Professions (DNFBPs), and Virtual Asset Service Providers (VASPs). Subsequently, the Regulatory Authority may issue an AML/CFT Remedial Action Plan (RAP) instructing the entity to address gaps in […]
VAT Made Easy: A Comprehensive Guide to VAT Consultancy Services in Dubai
Understanding the Importance of VAT in Dubai The Value Added Tax (VAT) is an essential element of Dubai‘s economy, which is important in generating revenue and fiscal stability. It was introduced by the UAE in 2018, and VAT is a consumption tax applied throughout the supply process. Knowing the significance of VAT is essential for […]
5 Misconceptions About Making a Will in UAE
In the realm of preparing for the fate of your possessions after your departure, Wills emerge as crucial legal documents. They serve to safeguard your assets and ensure their rightful allocation to chosen beneficiaries upon your demise. However, misconceptions about Wills, particularly in the UAE context, often cloud understanding. In this article, we debunk prevalent […]
Securing Your Property & Assets: A Comprehensive Guide to Wills for Expatriates in the UAE
In the absence of a meticulously crafted Will, the UAE Law of Inheritance takes precedence upon your demise, potentially influencing the allocation of your assets and the guardianship of your minor children. Ensuring the protection of your assets as an expatriate in the Emirates hinges on the establishment of a registered Will within the UAE. […]
Get the Best Accounting Services in Dubai from NAM Accountants
Welcome to NAM Accountants, your trusted partner for the best accounting services in Dubai. At NAM, we recognize the vital role that accounting and finance play in contributing to the growth of a business, regardless of size, whether medium or small. Our team of highly qualified and knowledgeable chartered accountants is dedicated to providing high-quality […]
What is the Process of Golden Visa Services in Dubai?
Obtaining Golden Visa services in Dubai provides a simplified route to residency for investors and entrepreneurs. To begin this exciting trip, applicants must satisfy certain requirements set to be met by authorities of the UAE government, such as significant investment in business, financial capital or exceptional professional accomplishments. When the eligibility criteria have been satisfied, […]
