FTA starts pre-registration for corporate tax
The Federal Tax Authority (FTA) launched early registration is available through the EmaraTax platform from Jan to May 2023 for certain categories of companies operating in the UAE.
Assessment, Clarification & Document Requirements for UAE Corporate Tax
The UAE Corporate Tax regime will become effective for financial years starting on or after 1 June 2023.
UAE VAT Update – Changes to VAT Regime From 1 Jan 2023
The UAE Ministry of Finance announced, on 28 October, amendments to certain provisions of the UAE Value Added Tax (VAT) regime. The changes will come into force on 1 January 2023.
How to access EmaraTax Platform for Existing User ?
On 05 December 2022, the Federal Tax Authority (FTA) launched EmaraTax, an unified communication and entirely created digital platform for managing taxes in UAE.
Year-End Accounting Checklist – Closing Fiscal Year
Year-end closure of accounts is part of a company’s closing operations, and is used to create a company’s financial statements. It is also known as "closing the books of accounts".
Important Financial Ratios for Business Entity
A financial ratio is a measure of the relationship between two or more components on the company’s financial statements. They enable a business to benchmark its performance.
Corporate Tax Law issued in the UAE
The Federal Decree-Law No. (47) of 2022 on the Taxation of Corporations and Businesses (hereinafter referred to as the “Corporate Tax Law”) was issued by the UAE, on 09 Dec 2022.
General Trading License in UAE
Are you looking to create your own free zone company but wondering how the company’s formation works and what sort of benefits it offers? Dubai has emerged as one of the best places to start a business
Growth of Crypto industry in the UAE
The Middle East is one of the fastest growing crypto markets in the world, with the UAE’s share in the global market it has increased by 500 per cent between July 2020 and June 2021.
How Zoho Books will help your business stay VAT compliant ?
The VAT regime has had a major impact on business owners and their accounting. This will cause business owners scrambling to find appropriate accounting software like Zohobooks.