UAE Ministry of Finance issues decision on Exemption of Tax Registration. Big Relief for Non Resident Person.
Ministerial Decision No. 43 of 2023 has been issued by the Ministry of Finance. This decision concerns Exemption from Tax Registration for the Purposes of Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses..
How to Set Up a Business in Dubai, UAE?
Setting up a business in Dubai, UAE, can be a transformative step for entrepreneurs seeking growth in one of the world’s most dynamic markets. With its strategic location, state-of-the-art infrastructure, and investor-friendly policies, Dubai offers unparalleled opportunities. However, navigating the regulatory landscape can be complex…
Benefits of Hiring a Professional Bookkeeping Services in Dubai
In today’s competitive business environment, maintaining accurate financial records is crucial for the success and growth of any enterprise. As Dubai continues to establish itself as a global business hub, the need for professional bookkeeping services has never been greater. Engaging a professional bookkeeping service provider in Dubai..
New Cabinet Decisions on Tax Procedures and Penalties: Key Record Keeping Requirements for UAE Businesses
Cabinet Decision No. (74) of 2023 was issued on 28 July 2023 on the Executive Regulation of Federal Decree Law No. (28) of 2022 on Tax Procedures. Cabinet Decision No. (75) of 2023 On the Administrative Penalties for Violations Related to the Application of Federal Decree Law No. (47) of 2022 on the Taxation of Corporations …
Guide to Choose the Right Business Consulting Service in Dubai
Amidst the vast opportunities of the Dubai business market, a company’s success often depends on making well informed and timely decisions while putting every effort to leverage the right resources to the best capacity…
How to Outsource Accounting in Dubai for Business Growth
Outsourcing accounting can be an important strategy for firms to streamline business operations and drive financial growth. Virtual Accounting in Dubai ensure that businesses, in a fast-paced business hub like Dubai can enjoy substantial benefits. Let’s understand the advantages of outsourced accounting services in Dubai and provide practical steps for implementing it effectively. Why Outsource …
Ensuring proper accounting and bookkeeping following the standards prescribed by the FTA
We are soon approaching the end of Financial Year 2023 for most businesses in UAE. Why is this year end different and significant? The UAE Corporate Tax (CT) regime will become effective for financial years starting on or after 1 June 2023. This means that businesses with a January to December financial year will be subject …
