Recordkeeping Conditions for E-commerce Supplies
The Ministry of Finance (MoF) issued a Ministerial Decision on the Criteria and Conditions for Electronic Commerce for Record Keeping of the Supplies Made.
Emiratisation rules in UAE: New Rules for UAE’s Private Sector
In UAE, the Ministry of Human Resources and Emiratisation (MHRE) issued the introduction of the new UAE Federal Labour Law in relation to Emiratisation in the UAE.
UAE Corporate Tax Registration User Manual
This Corporate Tax Registration user manual is prepared to help you navigate through the Federal Tax Authority (FTA) portal and submit the Corporate Tax Registration application.
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.