Financial records of the business reflect the operation and financial position of the small business. You can compare your current data with the previous records.
The UAE is a ripe market for those hungry for success – those willing to take risks in a risk-averse environment; Starting a business in the UAE is quite tough.
The National In-Country Value Program (ICV) aims to enable the Ministry of Industry and advanced technology to improve the performance and sustainability of the industrial sector, by increasing the contribution of local industries.
If any circumstances occur while VAT registration, you must updating your records within 20 business days. Please note that some sections will be editable whilst some others are not.
The UAE Ministry of Finance announced amendments to some provisions of the Federal Decree-Law No. 8 of 2017 on Value Added Tax (VAT), which will be effective from 1st January 2023.
A tax audit is basically a government’s assessment of a company about their responsibility as a taxable entity. This kind of audit is conducted by the FTA.