Blogs

Whistleblowing program in the UAE – another approach for ensuring VAT compliance Ensuring VAT compliance is very important in any country to maintain a stable VAT economy and to support businesses with a healthy environment to gr...

Keys to Unlocking the Potential of Freelancing In The UAE What is the one thing that matters to you most? Are you a professional who’s already seen a lot of success in your working life, yet struggling to progress any f...

How businesses should be ready for Tax Audit by FTA?  In the UAE, Federal Tax Authority has implemented various procedures for reviewing tax compliance and for conducting tax audits at regular periods across the industries. The ri...

Complete guidance on company liquidation in Dubai for mainland companies Company liquidation is a formal insolvency procedure in which a company is wound up (also known as "winding up" or "closing" a company); all i...

What is Transfer Pricing? Conceptually, Transfer Pricing refers to a pricing mechanism with respect to the price charged for goods and services supplied or transferred by one subunit of an organization to another sub-unit or one group...

Why the e-commerce market is growing in the UAE so rapidly? In the latest news, Dubai and the UAE were ranked first in the list of most rapidly expanding e-commerce industries in the Middle East and North Africa region. As a result of...

How will you ensure that the organization is AML/CFT Compliant? The AML/CFT measures have been intensified in the UAE since the inclusion of Designated Non-Financial Businesses and Professions (DNFBPs) in the purview of AML/CFT Complia...

Tax Group Under UAE Corporate Tax NOT as same as UAE VAT Group  The UAE Corporate Tax Regime which would come into effect from June 2023, announced the concept of the Tax Group. However, there already exists a similar co...

Applicability of UAE Corporate Tax on Free Zone Entities UAE Corporate Tax is generally applicable to Free Zone entities as well. However, the UAE Corporate Tax regime will honor the Tax Incentives currently being offered to the Free Z...

Is the export of goods treated as a zero-rated supply? When the UAE implemented VAT in 2018, the tax rate for export supplies is determined as zero rates. In the first view, it looks simple and easy to implement as the VAT rate is fixe...