E-commerce skyrockets to a multi-billion-dirham industry in the busy digital markets of the region. The United Arab Emirates (UAE) continues to flourish with tech-savvy residents and a business environment in
Your trusted source for UAE tax, accounting, and compliance guidance.
E-commerce skyrockets to a multi-billion-dirham industry in the busy digital markets of the region. The United Arab Emirates (UAE) continues to flourish with tech-savvy residents and a business environment in
Startups in the competitive business environment of the United Arab Emirates (UAE) have both specific challenges and possibilities. It is crucial for long-term sustainability for the region that the entrepreneurs
Embarking on a Business Journey can be an exciting process that comes with a continuous swirl of responsibilities. Entrepreneurs tend to wear many hats, ranging from product creation to marketing.
Compliance with VAT (Value Added Tax) in the UAE, one of the GCC states with a relatively complex tax landscape, can be overwhelming for businesses. Businesses in the UAE have
Overview of VAT in the UAE The VAT, a consumption tax, was implemented in the United Arab Emirates (UAE) on January 1, 2018, with a standard rate of 5%. The
In 2018, the UAE implemented VAT at a standard rate of 5% on the value-added that occurs at each stage of production and distribution. Compliance is difficult because it is
The Excise tax was introduced in the UAE in 2017 to foster healthier lifestyle and to boost the government’s strategy. This tax is an indirect tax imposed on particular products
Outsourcing accounting and tax in UAE is crucial for businesses to improve performance and compliance. However, finding the right partner can be challenging for small, medium, or large corporations, navigating
As the UAE launches its corporate tax regime, understanding your financial year for corporate tax is becoming essential for every business. A company’s financial year determines its corporate tax period
Value Added Tax (VAT) is a new addition to business operations in the UAE, effective from January 2018. With the growth of businesses and complexity of transactions, being VAT compliant
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