How to Choose the Best Audit Companies in Dubai?
Selecting the top audit companies in Dubai is an important choice for businesses looking to ensure transparency of their finances as well as regulatory compliance and precise financial reporting. With many audit firms to pick from, this guide aids you in making the right choice. Assess Your Needs: Prior to beginning the search, review […]
What is the Process of Offshore Company Registration in Dubai?
Dubai’s strategically located location and its environment that is conducive to business have made it an ideal center for offshore company registration. The process of establishing an offshore company in Dubai is simple, and has particular advantages for companies and entrepreneurs. Choose a Registered Agent: The initial step to complete offshore company registration in […]
How to Outsource a Company for Offshore Company Setup UAE?
Setting up a business in an offshore company setup UAE is a good choice for businesses seeking to expand while benefiting from a stable and tax-efficient environment. To make the process easier and make sure that the local laws are adhered to, numerous entrepreneurs choose to outsource the task of offshore company setup UAE. […]
Streamline Your Finances with Top Accounting and Bookkeeping Services in Dubai
In the thriving business world of Dubai, the need to keep accurate financial records is an essential element of successful business. To navigate the complex world of accounting and bookkeeping services in Dubai it is essential to have a trustworthy partner who knows the local laws and regulations. They can assist you in optimizing your […]
Check your Eligibility for Golden Visa
The UAE has recently launched the Golden Residency Program, offering eligible individuals the chance to gain residency for five or ten years without a sponsor. It includes a range of professionals and their families, creating an attractive environment for those looking to work and settle in the country. In this post, we will show you […]
Clarifying Corporate Taxation in the UAE: Employee Bonuses and Commissions Unaffected
The United Arab Emirates (UAE) is renowned for its thriving business landscape and favorable tax environment. However, navigating the intricacies of corporate taxation can still be a daunting task for many business owners. In this blog, we will demystify some common misconceptions surrounding corporate taxation in the UAE and provide you with essential insights to […]
Corporate tax in UAE: 5 key questions answered
The introduction of corporate tax in the UAE on June 1 marks a pivotal step in diversifying revenue sources for the government. Nimish Goel, Partner at WTS Dhruva Consultants, sheds light on key inquiries pertaining to this initiative: Q1: What are the main issues regarding the implementation of corporate tax in the UAE? A1: Implementing […]
UAE Extends Corporate Tax Exemption to Public and Community Welfare Entities
In a move aimed at recognizing the significant contributions of entities dedicated to public and community welfare, the UAE Ministry of Finance has announced an exemption from corporate tax for such organizations. This exemption is set to take effect this year, providing a significant incentive for entities engaged in philanthropy, community services, and corporate social […]
FTA Facilitates Corporate Tax Clarifications with Online Requests
Starting from August 1, 2023, the Federal Tax Authority (FTA) of the UAE is set to introduce a new feature on its EmaraTax digital tax services platform, allowing individuals and entities to seek clarifications regarding Corporate Tax registration. The FTA’s move to provide this online clarifications service aims to simplify and streamline the process for […]
Recent UAE Cabinet Decisions Transform Tax Procedures, Penalties, and Exemptions
The United Arab Emirates (UAE) has announced a series of significant decisions related to tax procedures, penalties, and exemptions, signifying a shift in the country’s taxation landscape. New Penalties for Tax Violations: Under the recently unveiled Cabinet Decision No. (75) of 2023, the Federal Tax Authority (FTA) will enforce administrative penalties for breaches of corporate […]
