Companies operating in the free zone are required by the SAIF-Zone authorities to have the auditing firms registered with the SAIF Zone to audit their books of accounts. It is necessary in order to renew their trade licence.
The Ministry of Finance (MoF) issued a Ministerial Decision on the Criteria and Conditions for Electronic Commerce for Record Keeping of the Supplies Made.
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.
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.
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.
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.
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 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".